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On Carbon Busters’ website, three units have already been sold, leaving only four left. The most expensive unit costs $831,000.

By far the builder with the most units in the community is Encore Master Builder, with 20. Kim Gibbons, vice-president of Encore, said there are only two units left in their first building, which has a total of five units. The price for each unit is $543,000 and $598,000, respectfully.

Gibbons said she hasn’t received any pushback on the price.

“We designed these to have this engineered roof so we could have those views of the downtown and those rooftop patios,” she said. “It definitely brings the price up. The exterior stairwell has the capability of being heated. Those two things combined definitely bring our prices up more so than the others.”

Gibbons said a showhome was under construction but was put on hold when the cold snap came. The showhome is expected to be open in September.

Encore’s second building hasn’t sold any units yet. The company is currently in the design phase for the three remaining buildings. Gibbons said she hopes to keep the price point for these buildings below $500,000.

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Out of the 12 parcels of land, the city has sold six of them so far with the remaining currently being negotiated. The city plans to announce new builders within the coming months once those agreements are finalized. As for the redevelopment, landscaping still needs to be completed for stage one as well as the stormwater pond, which is slated for the spring. The district energy sharing system is up and running.

The estimated cost of land development for the project is $632 million.

jlabine@postmedia.com

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