Business
Genesis Land Development Corp. Announces Removal of Growth Management Overlays on Lewiston and Logan Landing Developments
Genesis Land Development Corp. Announces Removal of Growth Management Overlays on Lewisto...
About this update from Genesis Land Development Corp.
[{"type":"text","content":"\n \n \n \n Genesis Land Development Corp. Announces Removal of Growth Management Overlays on Lewiston and Logan Landing Developments\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Sept. 13, 2022\n \n \n /CNW/ - Genesis Land Development Corp. (\"Genesis\") is pleased announce that today the City of Calgary Council approved the removal of the Growth Management Overlays on its Lewiston and\n \n Logan Landing\n \n developments.\n \n \n Genesis would like to thank the City of Calgary Council and Administration for all the work they have done during this long and thorough approval process.\n \n \n \"We are delighted to advance the development of these two communities and work towards breaking ground in early 2023,\" said CEO\n \n Iain Stewart\n \n . \"Lewiston and\n \n Logan Landing\n \n will provide\n \n Calgary\n \n with over 3000 new housing units, including much needed affordable homes for first time home buyers.\"\n \n \n \"Once complete, these communities will provide great places to live for people at all stages of their lives representing the live, work play model people are seeking when they choose where to live,\" said\n \n Arnie Stefaniuk\n \n , Vice President, Regional Planning. \"We have worked hard to ensure a high level of environmental preservation with significant setbacks and natural areas near the Bow River. We are also a proud leader in promoting lower carbon initiatives throughout our communities.\"\n \n \n Genesis expects to commence land servicing construction in 2023 to provide additional affordable housing to the\n \n Calgary\n \n market in the coming years.\n \n \n \n About Genesis\n \n \n \n Genesis is an integrated land developer and residential home builder operating in the\n \n Calgary\n \n Metropolitan Area (\"CMA\") holding a portfolio of well-located, entitled and unentitled primarily residential lands and serviced lots in the CMA.\n \n \n \n \n Cautionary Statement Regarding Forward Looking Information\n \n \n \n \n \n This news release contains certain statements ...