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Real Estate

Banff to cut 'red tape' by giving town manager power to appoint development officer

Banff to cut 'red tape' by giving town manager power to appoint development officer

”[It’s] to save time and really cut red tape of having to go back to council for an appointment that’s already contemplated in the land-use bylaw."
Banff Housing Corp. property assessments up 4 to 8 per cent

Banff Housing Corp. property assessments up 4 to 8 per cent

“Value trends have seen the land values staying the same, with buildings down because of a slight amount of depreciation," said assessor Frank Watson of Banff's overall residential assessments dropping about one per cent.
Three Sisters area structure plans receive first reading, public hearing set

Three Sisters area structure plans receive first reading, public hearing set

The Smith Creek and Three Sisters Village area structure plans under consideration by Canmore council represent 80 per cent of the developable land left in the community.
Banff hotels drop $176 million in assessed value

Banff hotels drop $176 million in assessed value

Banff's residential property assessments remain relatively stable, decreasing about one per cent.
Heritage corporation impressed by renovations to former Mel's restaurant

Heritage corporation impressed by renovations to former Mel's restaurant

Banff Hospitality Collective plans to open a new restaurant and tavern in the former Mel's building on Lynx Street.
Three Sisters Mountain Village submitting application for commercial development at The Gateway

Three Sisters Mountain Village submitting application for commercial development at The Gateway

CANMORE – While the community waits for Three Sisters Mountain Village to officially submit applications for new area structure plans, the developer has also been working on a new commercial subdivision – The Gateway.
Silvertip residential subdivision approved

Silvertip residential subdivision approved

Canmore's subdivision authority approved an application by Stone Creek Properties for block 10 – a residential neighbourhood – even though development of commercial lands for the resort centre have not yet commenced.
New public hearing set to reconsider tourist home densities on Second Avenue

New public hearing set to reconsider tourist home densities on Second Avenue

"Supporting first reading at this time for me is entirely motivated by wanting to, as other councillors have said, do one last check-in with the community to make sure that we understand what are the preferences, particularly of the Teepee Town community," said Mayor John Borrowman.
Banff to review cash-in-lieu of required housing fees

Banff to review cash-in-lieu of required housing fees

“We are trying to encourage housing supply, and yet if I’m to do a development, it’s cheaper for me to pay the Town this roughy $35,000 per bedroom than to go ahead and build the commensurate amount of housing," said Coun. Peter Poole
Spring Creek seeking changes before proceeding with next phase of development

Spring Creek seeking changes before proceeding with next phase of development

Spring Creek Mountain Village is asking for changes to bylaws that include creek setbacks, roof heights and total units allowed to pave the way for development of two new hotels