The Eagle Construction Company, a Calgary-based firm, will begin construction of a $1,935-million $1-million affordable housing project in the city’s west, the company announced Wednesday.article “This is a very significant development in our community,” said Tim Kavanagh, CEO of Eagle Construction, a joint venture between Eagle and the provincial government.
“It’s an exciting project for the community and we’re very proud of it.”
Construction of the $1 million, three-storey, four-bedroom project, which will have a total of six units, will start next year, said Kavanag.
Kavanagh says Eagle Construction will begin building the affordable housing unit at the southwest corner of the corner of St. Joseph Street and King Avenue, near the city hall.
The project is expected to cost about $600,000, he said.
Kavanagh said the project will be a key component in Eagle’s future efforts to build more affordable housing in the area, which is considered one of the most affordable in the country.KVIA has reached out to Eagle Construction for more information.