Town of Olds - Council Amends DC-MU1 District of LUB

Centcom Construction is in negotiation to purchase the 12.57 acre site directly adjacent to the Walmart and the Canadian Tire developments in the town of Olds.

On Monday, March 25th Olds council amended the Direct Control - Mixed Use 1 district of the town's land use bylaw for the area located west of the Walmart and Canadian Tire developments.
Mayor Michael Muzychka says the applicants - Centcom Construction - are in negotiation to purchase the 12.57 acre site.
He explains what the mixed use designation would allow the applicants - Centcom Construction - to propose for the town.
Mayor Muzychka believes the concept the developer will be bringing forward will include main level commercial - such as restaurants and retail outlets - with residences on top on the second and third stories of the buildings.

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