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Real Estate & Development Services

Riverbend TOD Land Use Redesignation and Outline Plan

Riverbend redevelopment

Established‑Area development opportunity near the future Greenline LRT station. 

About the project

This site offers a rare opportunity to deliver multifamily and mixed-use housing within a mature southeast Calgary neighbourhood. This site includes approximately 12 acres of development ready land west of 24 Street, surrounded by established residential uses, parks, pathways and local services.

Lots ready for construction of low to mid-rise multifamily and mixed-use development

All required planning approvals and community engagement are complete, providing early clarity on land use, subdivision and development parameters. This allows builders to focus on feasibility, design and delivery with confidence.

Site plan and lot information

Key Features

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Approximately 12 acres of developable land west of 24 Street SE.

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Mix of RCG and MU-1 lots.

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Planning approvals and community engagement complete.

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Defined land use and subdivision framework.

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One acre central park with additional surrounding park space.

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Adjacent to the future Green Line South Hill LRT station.

Reach out with questions

Nagibali Mohamed
Sales Agent
Nagibali.Mohamed@calgary.ca


Nitin Agarwal
Senior Sales Agent
nitin.agarwal@calgary.ca
 

Why Riverbend

Efficient site planning and design flexibility

Builders must follow applicable building code and City standards - no architectural control guidelines or sustainability requirements The site layout has been designed to maximize usable park space while keeping efficient, buildable development parcels, supporting streamlined site planning, servicing and construction.

Established community context

Riverbend is a mature southeast Calgary neighbourhood with schools, parks, pathways and services already in place. The surrounding context is well established, providing clarity around adjacent land uses, scale and provides mature and long-term character.

Parks, access and transit investment

This site is anchored by a oneacre central park, supported by added surrounding park space that enhances livability without compromising development efficiency. The site is transitadjacent to the future Green Line LRT station reinforcing Riverbend’s evolution as a transit‑oriented community.

Sales process

The City intends to offer the Riverbend site through a competitive sales process.

Additional information will be provided, including:

  • Available parcels and sales structure.
  • Submission requirements and timing.
  • Due diligence materials.
  • Key terms and conditions of sale.

The City will provide relevant due diligence information to support feasibility analysis, including planning documentation, site information, servicing details and supporting technical materials.

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Application review 2 to 3 weeks

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Proposal letter & negotiations 4 to 8 weeks

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Corporate approval 4 to 6 weeks

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Purchaser due diligence 4 to 8 weeks

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Legal agreement 4 to 6 weeks

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Documentation & signing 2 to 4 weeks

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Closing 2 to 4 weeks

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