Sierra Ridge Development Project
Incredible location: The Sierra Ridge residential development project is located just 7 miles north of Edmonton and 1.5 miles from Gibbons. Overlooking the banks of the very picturesque Sturgeon River, this project will be developed in three phases.
Phase I will consist of 35 completely serviced half-acre lots. All of the lots on the site will be subject to architectural controls. A number of the lots will feature walk-out basements with stunning views. There will be an attractive green belt area and a storm management pond that will add to the beauty and serenity of the area. We estimate that sales of these lots will occur between 12 and 18 months after county approval of the subdivision.
Phases II and III will commence after 60% of Phase I has been sold out. These two phases will follow the same architectural guidelines and esthetic features so that the community will maintain a constant quality throughout. Phases II and III will add another 140 lots to the project.
Sierra Ridge Location Description
This exclusive residential property contains 155 acres located 1.5 miles from Gibbons overlooking the beautiful Sturgeon River. It is seven miles from Edmonton – approximately 15 minutes to the LRT station. It is considered the “world’s best real estate market” as reported in the Edmonton Journal and in many other recent publications.
It is in the heart of Edmonton’s “Upgrader Alley” and a convenient commuting distance to the seven oil-upgrading plants worth $50 billion that have been scheduled for this area.
This development will provide an executive community adjacent to an existing upscale acreage subdivision. This is a beautiful rural setting with all of the amenities of a large city in close proximity where anyone would be proud to call home.
