Shift Real Estate is pleased to announce the creation of Malloy Landing, a new residential development nestled in the northwest corner of Coaldale. This tranquil prairie community will feature a variety of residential and multi-family lots intertwined with plenty of parks, ponds, and paths, along with the vibrancy of the new Prairie Winds Secondary School and Recreation Centre.
Chet, Managing Director for Shift, is excited to get the project going: ‘ The Town of Coaldale and the surrounding municipalities have done a great job promoting further commercial and industrial growth which will add to the prosperity of the region for decades to come. With the increased business expansions there is a need for more single-family and multi-family housing. We are proud to work with the Town of Coaldale to develop the lands around the new school and the community recreation centre.’
“We were delighted to receive SHIFT’s purchase and development proposal that was submitted in response to the Town’s Request for Expression of Interest”, said Cameron Mills, Director of Growth and Investment for the Town of Coaldale. “That a company of their caliber chose Coaldale as the destination to bring much needed housing options to our community is something we’re absolutely thrilled about”.
Shift will take a phased approach to this subdivision, Phase 1 will offer 42 lots and be available for purchase in the summer of 2024. As Coaldale expands with developments like the Rec Center, Civic Square, and the new cold storage facility, this new neighborhood will offer homes and opportunities to residents and newcomers. Malloy Landing strives to be welcoming to all stages of life in this thriving community that will grow and flourish with Coaldale for generations to come.