Crown land for sale in Fort McMurray
135 acres expected to transform into new community with 8,000 homes, 24,000 residents
BY KEITH GEREIN, EDMONTONJOURNAL.COM JANUARY 14, 2011
EDMONTON — The provincial government has put a For Sale sign on several parcels of Crown land that will serve as the beginnings of a giant new housing development in Fort McMurray.
The highly anticipated Parsons Creek community is little more than a patch of trees and brush overlooking the Athabasca River. But within two years, the province expects it to be a hub of construction activity that will see 8,000 new homes built to accommodate 24,000 residents.
Land sales for the community were not expected to begin until around 2012, but the province decided to accelerate the schedule by a year in part due to high housing demand, said Dan Laville, spokesman for Alberta Housing and Urban Affairs. Improvements in the Alberta economy are expected to lead to further oilsands expansion, which will bring more workers to town.
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