A Lease For A Lifetime

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Land Title: Supporting The University of Calgary

University District is innovating across the board. One realm in particular that’s offering a new perspective when it comes to communities in Calgary is the structure of the land as a leasehold.

Leaseholds are created in communities where the owner of the land cannot sell it; often a government, an academic institution, or a First Nations community. A well-known practice in many provinces in Canada, and in communities around the world, leasehold agreements have been in use for centuries. And, while it’s such a common practice, there are few communities in Alberta that have created this real estate possibility for homeowners.

Leasehold ownership holds exceptional value, and is just as common a way for homeowners to purchase a home as a freehold purchase. It’s a sound investment where you own everything on the land, simply not the land itself. You’re in the driver’s seat with your home: you can renovate, decorate, sell or will your property. And, with West Campus Development Trust holding the vision for the future of the community, experience the added perk of having the community designed, built and maintained so it always works for you.

Inspired By Academic Communities

As a community built on land owned by an academic institution, University District joins the ranks of notable, thriving, and high-demand Canadian communities. Both the University of British Columbia’s Wesbrook Village and Simon Fraser University’s UniverCity are proof of how this approach to serving the community with new residential, retail and commercial opportunities helps everyone—the residents, the University and the surrounding neighbourhoods—thrive. This model has also been successful internationally at universities like Harvard, Yale and Oxford.

Growing Together

The aim of University District and its Master Plan is to contribute to the ongoing growth and sustainable success of the community. With UCalgary next door, we made sure to consider the plans for its own growth as our own Master Plan evolved. Ensuring a thriving future for all, University District is being developed without disrupting campus growth in the years ahead and so the services, residences and amenities moving into the community will only support University life in becoming richer as we grow together.

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Giving Back: 5 Places To Volunteer In Northwest Calgary

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Keep updated with our latest videos

Want to give back to your neighbourhood? Volunteer for some of our favourite local northwest volunteer opportunities here in Calgary!

Whether you’re the type of person who fully embraces holiday festivities or prefers a more low-key December, the season of giving is one that we can all participate in!

Check out our channel for the latest updates, inside-looks, and conversations on University District.

Giving Back: 5 Places To Volunteer In Northwest Calgary

Want to give back to your neighbourhood? Volunteer for some of our favourite local northwest volunteer opportunities here in Calgary!

The Gift of Giving

Whether you’re the type of person who fully embraces holiday festivities or prefers a more low-key December, the season of giving is one that we can all participate in!

Keep updated with our latest videos

Check out our channel for the latest updates, inside-looks, and conversations on University District.