Calling it one of North America’s largest Indigenous-led developments and a “once in a lifetime opportunity,” officials from the Tsuut’ina Nation and Taza Development Corp. unveiled plans Wednesday for a 470-acre urban village that would include 6,500 homes and one million square feet of commercial space, including a retail main street. Read More
The grandiose vision for the future community of Taza Park aims to accommodate up to 12,000 residents on Nation-owned land near the Grey Eagle Casino and Event Centre
The grandiose vision for the future community of Taza Park aims to accommodate up to 12,000 residents on Nation-owned land near the Grey Eagle Casino and Event Centre
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Calling it one of North America’s largest Indigenous-led developments and a “once in a lifetime opportunity,” officials from the Tsuut’ina Nation and Taza Development Corp. unveiled plans Wednesday for a 470-acre urban village that would include 6,500 homes and one million square feet of commercial space, including a retail main street.
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The grandiose vision for the future community of Taza Park aims to accommodate up to 12,000 residents on Nation-owned land near the Grey Eagle Casino and Event Centre. The development will be just south of Glenmore Trail S. and east of Tsuut’ina Trail, which is the portion of the southwest ring road that passes through the Nation’s territory.
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“When you have access to stunning Rocky Mountain views, when you’re located at the corner of Glenmore Trail and Tsuut’ina Trail/Stoney Trail, you have what every developer dreams of, which is location, location, location,” said James Robertson, president and CEO of Taza Development Corporation, which is a partnership between the Tsuut’ina Nation and Canderel.
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On Wednesday, Robertson announced the first three residential builders for Taza Park will be Brookfield Residential, Crystal Creek Homes and Homes by Avi.
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Taza (emphasis on the second syllable) is a Tsuut’ina word that means “something wondrous is coming.” Robertson said the future community aims to be a bridge between southwest Calgary and Tsuut’ina Nation.
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“We have a vision of bringing cultural heritage harmoniously and tactfully integrated with modern development to create a community that honours rich heritage and tradition, but also embraces innovation and inclusivity,” he said Wednesday, calling the project a $10-billion investment.
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“It’s a tall order. We have a partnership . . . but we have a team and a Nation committed to seeing this vision through.”
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Home sales will launch May 24, with construction possibly starting in June. According to Robertson, the goal is to have the first homes ready for occupancy in the summer of 2026.
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He said the full build out is on a 15- to 20-year timeline.
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“First and foremost, we’re here to represent a partnership that is for the Nation,” he said. “I think the vision of Taza reflects their values. At the same time, this is going to create a long-term prosperity that they’ve envisioned ever since the ring road decision.
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“I’m proud to be part of this journey with them,” he added.
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“And for Calgarians, it’s another great place to live.”
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As the community will be on Nation-owned land, Taza Park will operate on a long-term real estate land development partnership that means homes will be leased, rather than purchased, and property taxes will be paid to the Nation.
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Robertson said the closest comparisons would be how homes are purchased in Banff, although he added University District in Calgary has a similar lease system.
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