Hopewell Residential long ago made buying and developing historic, iconic properties in and around Calgary part of its business model.
And the latest addition to this growing and impressive catalogue of land holdings measures 43 acres that had been in the homesteading Hawkwood family since 1913 when Arthur and Isobel Hawkwood arrived from England. It is the last piece of a huge swath of pastureland the family held.
This final piece to be repurposed is called Arbour Lake West and is located in the established community of Arbour Lake in the city’s northwest, minutes from the Arbour Lake beachfront and residents’ association site.
And, It is an exclusive Hopewell development — from preparing the land right through residential construction.
Earlier, sections of family land were sold off and became the well-known communities of Arbour Lake, Ranchlands, Rocky Ridge, and Hawkwood.
“The family remained in the original home on this land until recently and then decided to sell for development,” says Brett Friesen, Hopewell’s vice-president of development and multi-family homes.
Ground has been broken on Arbour Lake West that, by the time Hopewell has finished putting its masterful design, development and construction touches to it, will have more than 660 condominiums and townhomes, along with just under 140 front-drive garage homes.
A temporary presentation centre is open now, with a full presentation centre and condo show suites opening later this year.
Pricing ranges from the low $200,000s for condos, townhomes with garage start in the $450,000 range, while front-drive garage homes are priced from the $600,000s.
All the housing types and styles have been designed to take advantage of Arbour Lake West’s “unparalleled” location and views, says Kevin Pyle, Hopewell’s director of design.
So, with attractive pricepoints, great views, and Hopewell’s long award-winning history, construction has begun.
“Construction has started on site and will continue through the summer of 2020,” says Friesen. “Construction of front-drive-garage homes will begin early in 2020 with multi-family construction anticipated for later that summer.”
Friesen sees a lengthy list of buyer types making their home in Arbour Lake.
“Families, downsizers, professional couples, and everyone in between will find a home to love in Arbour Lake West,” he says. From its sophisticated designs, thoughtful floor plans, and master-quality to its convenient, established location, Arbour Lake West will be north Calgary’s most coveted new address.”
Arbour Lake west is located within Arbour Lake just off Arbour Lake Road. It is minutes from Arbour Lake, Crowfoot Crossing, and Crowfoot LRT with access to major roadways, restaurants, shops, and green spaces.
“Arbour Lake West is, in every sense of the word, a complete community,” says Hopewell president and chief operating officer Paul Taylor. “Everything is included for its new residents, and provides innovative, cutting edge, and highly-efficient new housing to the existing Arbour Lake community.”
So it begins — again. Arbour Lake West becomes the first development in Arbour Lake since the early 1990s. Back in 1991, show homes opened as part of Melcor Developments Ltd.’s vision for a lake community in the rolling hills of northwest Calgary. Two years later, the lake was filled and officially opened for recreation.
