Currie | 87m | 30s | CLC | DIALOG

Does BOSA own the whole centre piece? If so, it makes sense to subdivide some of it off. Might mean there's actually something coming for the other portion.
 
Currie Bresken Street Lands being marketed.
Size: 0.949ha/2.35 ac
Density: Up to 186+ multifamily units, 26+ townhome units
East of Quesnay Wood Dr SW, one block south of the northern edge of Currie.
4c929365-c645-422d-8f6f-d782a9cea81a-w.jpg38981c05-a381-494f-b7d2-bfb3d5e30eeb-w.jpg4dc70086-0f0c-4e88-baad-febddd8cc158-w.jpg426485a3-7194-4c05-9bf1-286818ba13a8-w.jpg
 
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270 Dieppe at the SW corner of Dieppe and Quesnaywood (Block 12 Lot 2) has been sold to Porte



seawalker said:
Bosa is selling two parcels in the core of Currie at Currie St & Dieppe.

Colliers' drawing and map don't really match the lot 12 location and shape on the CFB West Master Plan (page 268). I don't know if they are re/subdividing the lots or they purposely do it to hide some information until you sign the NDA.

The original CFB West Master Plan allows up to 8 storeys with a tower up to 30 storeys. Base on what the developers have built so far, they will build up to the highest allowed heights.

Is Bosa abandoning Currie or Calgary or they just need cash or this is normal for this kind of development?

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What else has port done in Calgary? The Address looks to be the eastern lot. So coupled with what's going in next to Veranda, as well as phase 2 of the other one this could be the start of the something in Currie we've been waiting for.
 
Changes to land use in Currie...

LOC2024-0272
"This combined outline plan and redesignation application proposes a revision to an approved outline plan for the future subdivision and development of 13.5 hectares of land in the community of Currie. The application provides for:
  • revision to the road network and development sites;
  • relocation of the storm pond; and
  • no change to the previously approved densities."
LOC2024-0184
The application proposes to change the land-use designation of three parcels (approximately 2.24 hectares in size) to allow for:
  • a Direct Control District (DC, custom land use district), DC Site 1, DC Site 2 and DC Site 3;
  • residential uses and limited range of support commercial uses (no change);
  • closure/redesignation of an undedicated road (a portion of Breskens Street SW) to be consolidated with DC Site 2;
Note: I assume they're closing the portion of the road that goes in front of the school?
1736783717571.png

  • a reduction in the building setback area on Bessborough Drive SW and Quesnay Wood Drive SW from 5 metres to 3 metres (DC Site 1 & DC Site 2);

Note: These two run E-W and N-S respectively.
1736783898707.png


This corner also has a DP for affordable housing:
1736784403075.png

  • a reduction in the building setback area from 5 metres and 3 metres to 3 metres and 2.25 metres (DC Site 3);
  • a maximum building height of 30 metres for DC Site 1 (no change), 42 metres for DC Site 2 (no change) and 25 metres for DC Site 3 (a decrease of 5 metres); and
  • the reconfiguration of an approved outline plan area (LOC2014-0109)
 

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BREAKING: From Canada Lands, "Great news for our Currie community! We have acquired full ownership of the 8.1-hectare (20-acre) site that was held in a joint venture with Embassy Bosa. What’s next? Our Calgary team will continue to develop the Currie Core that includes a vibrant mixed-use high street that will be dubbed Currie Street. We look forward to continuing to add commercial uses to the community and accelerate housing supply. We extend our gratitude to Bosa for their years of partnership."
www.facebook.com

Canada Lands Company / Société immobilière du Canada

Great news for our Currie community! We have acquired full ownership of the 8.1-hectare (20-acre) site that was held in a joint venture partnership. What’s next? Our Calgary team will continue to...
www.facebook.com www.facebook.com

474545492_1005171931636856_2490024120810261641_n.jpg
 
seawalker said:
BREAKING: From Canada Lands, "Great news for our Currie community! We have acquired full ownership of the 8.1-hectare (20-acre) site that was held in a joint venture with Embassy Bosa. What’s next? Our Calgary team will continue to develop the Currie Core that includes a vibrant mixed-use high street that will be dubbed Currie Street. We look forward to continuing to add commercial uses to the community and accelerate housing supply. We extend our gratitude to Bosa for their years of partnership."
www.facebook.com

Canada Lands Company / Société immobilière du Canada

Great news for our Currie community! We have acquired full ownership of the 8.1-hectare (20-acre) site that was held in a joint venture partnership. What’s next? Our Calgary team will continue to...
www.facebook.com www.facebook.com

View attachment 626735
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I'm trying to understand this. Is this a good thing, or a red flag? Is Canada Lands going to completely change the plan on us or does this give them freedom to finally get something going? Hopefully someone understands this and can provide some context. At the end of the day, at least Canada Lands is finally talking about Currie?
 
shaverm said:
I'm trying to understand this. Is this a good thing, or a red flag? Is Canada Lands going to completely change the plan on us or does this give them freedom to finally get something going? Hopefully someone understands this and can provide some context. At the end of the day, at least Canada Lands is finally talking about Currie?
Click to expand...
This is a bad thing, Bosa sold the land back to Canada Lands. Canada Lands is not a developer, they won't be developing anything. Things are happening in Currie but it isn't anything that isn't happening in any suburban community: Single-family, multi-family and small condos.

My post above did layout some land use changes, the revised road network and development sites, as well as relocating the storm pond are the most exciting but I would only be 1/10 excited.
CalgaryTiger said:
Changes to land use in Currie...

LOC2024-0272
"This combined outline plan and redesignation application proposes a revision to an approved outline plan for the future subdivision and development of 13.5 hectares of land in the community of Currie. The application provides for:
  • revision to the road network and development sites;
  • relocation of the storm pond; and
  • no change to the previously approved densities."
LOC2024-0184
The application proposes to change the land-use designation of three parcels (approximately 2.24 hectares in size) to allow for:
  • a Direct Control District (DC, custom land use district), DC Site 1, DC Site 2 and DC Site 3;
  • residential uses and limited range of support commercial uses (no change);
  • closure/redesignation of an undedicated road (a portion of Breskens Street SW) to be consolidated with DC Site 2;
Note: I assume they're closing the portion of the road that goes in front of the school?
View attachment 625380
  • a reduction in the building setback area on Bessborough Drive SW and Quesnay Wood Drive SW from 5 metres to 3 metres (DC Site 1 & DC Site 2);

Note: These two run E-W and N-S respectively.
View attachment 625385

This corner also has a DP for affordable housing:
View attachment 625403
  • a reduction in the building setback area from 5 metres and 3 metres to 3 metres and 2.25 metres (DC Site 3);
  • a maximum building height of 30 metres for DC Site 1 (no change), 42 metres for DC Site 2 (no change) and 25 metres for DC Site 3 (a decrease of 5 metres); and
  • the reconfiguration of an approved outline plan area (LOC2014-0109)
Click to expand...
 
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Hasn't Bosa basically abandoned Calgary to focus all their energy on the lower mainland anyways? I agree that while not good news in the short term, in the long run we'll hopefully see involvement by a developer who is committed to building in Calgary.
 
Bosa is a big time developer who builds a ton (and usually builds high quality stuff). The fact that they're selling off basically everything they own in Calgary is slightly worrying. But maybe you're right and this will end up being a good thing
 
shaverm said:
I'm trying to understand this. Is this a good thing, or a red flag? Is Canada Lands going to completely change the plan on us or does this give them freedom to finally get something going? Hopefully someone understands this and can provide some context. At the end of the day, at least Canada Lands is finally talking about Currie?
Click to expand...
I don't think it's necessarily a bad thing. Bosa probably wasn't going to develop anything there anytime soon, so at least this should help change things up. I think the neighborhood still has plusses and now with Bosa out of the way there's a better chance of something getting developed.
CalgaryTiger said:
This is a bad thing, Bosa so the land back to Canada Lands. Canada Lands is not a developer, they won't be developing anything. Things are happening in Currie but it isn't anything that isn't happening in any suburban community: Single-family, multi-family and small condos.

My post above did layout some land use changes, the revised road network and development sites, as well as relocating the storm pond are the most exciting but I would only be 1/10 excited.
Click to expand...

Agreed. It won't be the plethora of highrises originally shown in the renders, but will be more likely rowhomes and some lowrise builds, and I'm okay with that.
 
CallmeCatbread said:
Bosa is a big time developer who builds a ton (and usually builds high quality stuff). The fact that they're selling off basically everything they own in Calgary is slightly worrying. But maybe you're right and this will end up being a good thing
Click to expand...
To my knowledge Bosa is only building condo towers, and it's not a strong market for Calgary. Given the thousand of highrise and multifamily builds going up from other developers, I'm not losing any sleep over Bosa not developing here.
 
Too bad about Bosa, they've been one of the more solid developers. I still remember how their Axxis project was one of the first condo towers in the early 2000s, and it really kicked things off. Man was I excited about that tower, it was such a "big city" project for Calgary to get.
 
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