Hopewell Residential will be developing a new 22-home island neighbourhood - "The Mahogany Island Collection." Especially unique, not just because of it's urban, island setting, but because this will be the first gated community approved in Calgary in about 13 years. This is pretty surprising, especially in a city of hundreds of neighbourhoods.
Touted as an exclusive, private island community, some believe the concept of a gated entrance is more for marketing than safety. How is it any different than a secure condominium or townhome complex that offers 'resident-only' amenities?
From a buyer standpoint, this will certainly be a status draw for some, but an increased sense of security for others. Having one's kids playing on a gated street would have a perceived safety, I would think. This could also potentially add to a tighter sense of community among residents.
Does it matter how the non-gated homeowners will feel? Will there be some sort of judgement or jealousy happening? I believe that overall this is a positive move and it would be great to live on a gated island. Has this approval opened the floodgates for gated future developments? Probably, yes.
What do you think? I'd love to hear your opinion on this one.
Ryan MacDonald, B.Sc. Real Estate Professional
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Top 1% Real Estate Professional in Calgary
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