Timberstone Park could be ready to welcome its first residents by fall.
“We were able to start building basements in the last couple of months, so there are homes being framed and construction has started there,” said Steve Bontje, marketing manager with Laebon Developments Ltd.
The residential subdivision consists of nearly 120 acres of recently annexed lands south of 55th Street (Hwy 11) and east of College Park and 30th Avenue. The city-owned Timberlands subdivision is to the north and Melcor Development Ltd.’s Clearview Ridge is across 30th Avenue to the northwest.
Bontje said much of the servicing for the initial phase of Timberstone was completed last fall, with sales commencing in the spring.
“We had lots of interest right off the hop, and saw some really good sales,” he said, noting that many people were excited to be among the first into the new subdivision.
Development actually started with Phase 2 — 53 single-detached homes ranging from narrow lot properties to executive-style homes.
On Monday, Red Deer’s municipal planning commission approved the subdivision of nearly 25 acres to create another 93 lots: 43 for standard single-family homes and 50 for narrow-lot houses.
Bontje said Phase 1, including bareland condominiums in the southwest area of the subdivision, will be undertaken as services and roads are extended from the north. These will offer an enhanced level of services, with a condominium association looking after things like snow removal, garbage pick-up and landscape maintenance.
He expects Timberstone Park to consist of five or six phases in total, with multi-family development to occur in the southeast part of the parcel.
Plans also call for preserved natural areas, walkways and a multi-use trail.
The existing Balmoral Bible Chapel is within the Timberstone Park area.