Olds Approves New Residential Subdivision

Town Council has recently given approval for further planning and the first phase of construction on the “Richardson” subdivision located in a recently annexed portion of south west Olds. Phase one of the Area Structure Plan that has now been adopted which will allow for the new Catholic School and related collector roads.

In  addition  phase two calls for the development of 109 housing units. The remaining phases provide  for the staged development of approximatley  870 residential units comprising  the various densities associated with Ri,R2. and R3 zoning. This sub division  has a ten to 15 year development horizon.

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