Yes we’re still growing in Central Alberta
- 12.09.2007
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By all accounts we’ve seen a tremendous increase over last year in the number of homes for sale. This is a good thing. Conditions are the best they may have ever been for home owners to be able to move up utilizing large gains in equity while enjoying an abundance of choice for their “dream home”.
The government is receiving surplus cash flow and they are opening the purse strings and choosing Red Deer and area as a place to invest in our future. The Alberta government recently announced:
Red Deer… The Red Deer Catholic Regional Division will receive $7 million for the modernization of St. Thomas Aquinas School and the Red Deer Public School District will receive $6.6 million for G.H. Dawe Community School. This provincial funding is part of a $97 million school infrastructure investment that includes 17 school projects across Alberta.
St. Thomas Aquinas School, Grade 6-9, will receive funding for upgrades that will result in an enhanced learning environment, expanded programming options and improved technology service for students.
“The upgrading of schools is very important to our city, as is the expansion of programming options for our students,” said Red Deer North MLA Mary Anne Jablonski. “Educational choices through expanded options and new technology are very important to our students, parents and teachers.”
G.H. Dawe Community School, Kindergarten to Grade 5, is receiving funding to support a partnership between the city and the public and separate school systems. The school will receive a new classroom and gymnasium.
“The co-operation between our two school systems and the city is a remarkable example of community spirit in Red Deer. Working together like this provides our students and our community with an excellent centre for education and recreation,” added Jablonski.
The Alberta government will spend more than $600 million on school infrastructure in 2007 and recently announced 18 new schools, nine in Calgary and nine in Edmonton, using a made-in-Alberta public-private partnership to address schools where students live and learn.
One more reason to live and enjoy Red Deer.. Growth for our schools and our children.
Public schools are not the only are the government of Alberta has been investing in. A recent announcement highlights spending on our very own college, Red Deer College.
Government provides $18-million boost to Red Deer College for expansion
Red Deer… The Alberta government is increasing its investment in Red Deer College’s Building Communities Through Learning (BCTL) project. The additional funding will go toward the new centres for Trades and Technology and Innovation and Manufacturing being completed, equipped and ready for learners by September 2008. These centres are part of the first component of the college’s BCTL project, which also includes centres for Business Enterprise and Visual Art.
The new funding brings the province’s total funding for component one of the project to more than $57 million of the $77 million cost. As well as addressing cost escalations, which are affecting construction sites throughout the province, this government funding supports other Red Deer College capital projects related to the BCTL initiative. “With this significant contribution by government and our ongoing fund-raising campaign, Red Deer College will strengthen its leadership role in education, wellness, and economic and community development in central Alberta,” said Herb Der, chairman of the Red Deer College Board of Governors.
Over a five-year period, the project will see more than $110 million invested in increasing learning opportunities for central Albertans. The money will go toward components one and two of the project, as well as to support awards and scholarships for Alberta learners. Component two of BCTL includes a Centre for Regional Sport and Wellness and a Centre for Health Education, which are both expected to open in 2010. The college’s fundraising campaign is expected to contribute about $35 million of the full project cost.
Real Estate growth and opportunity is not just measured by residential sales, listings or housing starts. be sure to take into account the environment as a whole, how much investing in infrastructure is taking place by both the public and private sectors. Looking at those criteria Alberta and more specifically Central Alberta is poised for strong growth not just today but for many years to come.
Your Friend In Real Estate,
Patrick Galesloot
