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.