Posted Jun 23, 2010, 11:16 AM
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You talkin' to me?
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Join Date: Jan 2006
Location: Calgary, AB
Posts: 1,322
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Full steam ahead for Bedford West
First phase of residential development for 18,000 people begins today
The door is about to open and the developers are getting ready to rev up housing and commercial development in Bedford West.
A new $21.6-million interchange connecting Bedford West with Larry Uteck Boulevard will accelerate development in the area. The interchange will be ready for vehicles this fall.
"The project is on budget and on schedule," said Steve Smith, a spokesman for the provincial Transportation Department, referring to the interchange.
Dexter Construction is handling the big crossing over Highway 102.
It should be completed by the end of the summer and ready to link up this fall with new roads and a series of traffic roundabouts Halifax Regional Municipality is building on both sides of the highway.
Completion of the highway interchange, which has been responsible for lots of traffic delays in recent months, opens up a huge tract of previously inaccessible land for development.
The first residential phase of the Parks of Bedford West, called Stonington Park, is ramping up prior to completion of the new interchange. The developer is officially launching the project at an event today.
West Bedford Holdings Ltd. plans to build homes in the 526-hectare development for as many as 18,000 people over the next 25 years.
"Stonington Park is the first of five major residential parks which make up the newest and largest planned community in Atlantic Canada," the developer said in a news release Tuesday.
West Bedford Holdings is a partnership between Clayton Developments Ltd. and Cresco Homes. Clayton Developments is a subsidiary of the Shaw Group and Cresco Homes is part of a group headed by president Taleb Abidali and vice-president Hossein Mousavi.
A business park and a walkway connecting both sides of the highway are included in the development.
Stonington Park will be developed at a site between Kearney Lake and Hammonds Plains Road.
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