Thinking About Taza Park? Here’s What Every Buyer and Realtor Should Know

Residential sales have officially launched in Taza Park, a bold new 470-acre community featuring 6,500 homes and a dynamic blend of shopping, dining, services, and entertainment. Just minutes from downtown Calgary and boasting over 50 acres of lush green space, Taza Park isn’t just a neighbourhood—it’s a destination. Curious about what makes this community so special and how you can be part of it? Keep reading for everything you need to know about buying or selling in Taza Park!

A Complete Community With a Rich Cultural History

With an efficient development approval process and competitive property taxes, Taza Park is an inviting and attractive destination for both businesses and residents. The community is truly unique, integrating leading-edge urban planning, new technology, and design with the traditional knowledge of Tsuut’ina Nation. The community has an intentional design that blends residential living with retail, office, recreational and entertainment offerings, all framed by the picturesque backdrop of the Rocky Mountains.

At the centre of Taza Park is a Retail Main Street – a walkable shopping and dining hub that connects residents and visitors, and provides essential services and daily amenities. The community will also offer a variety of outdoor oases to explore, including naturalized wet lands, constructed storm ponds, off-leash dog parks, and a network of cycling paths. Beyond Taza Park, residents can easily reach the 585-acre Weaselhead Flats Natural Environment Park and the Glenmore Reservoir, perfect for biking and strolling throughout the changing seasons.

Where is Taza Park located?

Taza Park is located between Glenmore Trail and Tsuut’ina Trail near Grey Eagle Resort and Event Centre. The community has already welcomed retail tenants, including Big 4 Motors, Metro Ford, Taza Park Volkswagen, and Tsuut’ina Gas. To discover businesses in Taza Park, please visit our amenities page. 

Who is leading the development of Taza Park?

Taza is a 50-50 partnership between the Tsuut’ina Nation and Canderel, a major Canadian real estate development firm. The Taza leadership team answers to a Board of Directors, which includes two Tsuut’ina Nation Minor Chiefs and two members from Canderel. The board meets quarterly to make high-level decisions by consensus about the development and ensures all parties are given equal representation and voice.

Key Roles Include:

• Tsuut’ina Nation: Initial zoning and variance approvals
• Taza Development Corp.: Development-related activities, including master planning, design, and construction.
• Tsuut’ina Development Authority (TDA): Permit approvals, Final Acceptance Certificate, Certificate of Completion and Compliance, ongoing maintenance.
• Taza Township: Governing body, similar to surrounding municipalities, that provides administrative boundaries for services and governance.

What types of homes will be built in Taza Park?

The first three builders will offer a variety of home styles, including townhomes, street towns and villas. Brookfield Residential will have 78 townhomes, Crystal Creek Homes will have 180 villas and Homes by Avi will have 46 fee-simple street towns, 24 with legal secondary suites. Each builder will bring unique design features to fit a variety of lifestyles and needs. Explore current residential offerings here.

How does leasehold work?

At Taza, homeowners own everything on the land—except the land itself. This lease structure allows homeowners to enjoy the benefits of homeownership while respecting the Tsuut’ina Nation’s ownership of the land. Leasehold ownership provides long-term security for homeowners and businesses in communities where land cannot be sold, such as federal, university, and First Nations lands. This well-established model is used across Canada and globally, with successful leasehold communities in Alberta, including University District (Calgary), Redwood Meadows (Tsuut’ina), Banff, and Jasper.

How long is the lease term?

 The prepaid homeowner leases are set to expire in 2114, providing homeowners with long-term security and stability. At least five years before the lease term ends, the Tsuut’ina Nation may:

1. Extend the lease for at least 25 years, with extension rent payable on the land only based on current market value, or
2. Purchase the building from the homeowner condo corporation at its appraised value in accordance with the prepaid homeowner lease.

How does financing work for leasehold properties?

Financial institutions recognize the Taza-designated First Nations lands, and mortgage options are available subject to homeowner qualifications. Homebuilders will be required to obtain new home warranty insurance, provided exclusively through the Alberta New Home Warranty Program.

How will condos in Taza Park be managed? 

For condo developments, a Homeowner Condo Corporation will be created under the Canada Not-for-Profit Corporations Act and will maintain and manage the common areas (ex. the building, parking lot, and outdoor areas). Similarly to condos in Alberta, homeowners will each be members of the Homeowner Condo Corporation and will pay periodic fees (the “Condo Fees”) for maintenance, operations, property and liability insurance for the common property, and reserve funds.

Will homeowners pay property taxes?

Yes, the property tax will be competitive to adjacent municipalities. They are based on a mill rate and regulated by the First Nations Tax Commission (FNTC). Like everywhere in Alberta, properties will be assessed annually to identify their current value. Not unlike other municipalities, property tax fees go back into operating and maintaining Taza development in perpetuity. Taxes help to cover services like road maintenance, emergency services, and community upkeep.

How will taxes be collected and allocated?

Pursuant to a Tax Administration Agreement between the Tsuut’ina Nation and the Taza Township Corporation, the Taza Township will be appointed by the Tax Administration Authority for the Taza Lands and authorized to carry out the fiscal obligations as Steward of the Taza Lands, including the Tax Assessment, Administration and Collection of Property Taxes for the Taza Lands.

What emergency services will be available in Taza Park?

Emergency service (911) is a Provincial service that operates throughout Alberta, including anywhere on Tsuut’ina Nation, including Taza. The deployment of ambulance, police, and fire in Taza will be delivered in partnership with the Province, the Nation and the City of Calgary. 

The Tsuut’ina Nation Fire Department has Fire and Rescue and is supported by a secondary response agreement in place with the City of Calgary.

The Tsuut’ina Nation Police Department, known as Tosguna,  has been the full policing authority for the Tsuut’ina Nation since 2004. There is an existing Mutual Assistance Agreement with the Calgary Police Service to support the Nation, including Taza.

What utilities will be available to residents and tenants? 

Residents and commercial tenants have access to all essential utilities, including water, electricity, natural gas, and waste management. Water and sewer are provided to the Taza designated  Tsuut’ina Nation Lands through a Master Service Agreement with the City of Calgary. Like surrounding municipalities, utility providers, such as ATCO, ENMAX, Rogers and TELUS are in place within Taza. Residents and commercial tenants in Taza have the option of selecting their preferred service provider.

How will residents access public education?

Students who are not members of Tsuut’ina Nation and are living in Taza are considered ‘resident students’ of Alberta and are entitled to access to education from the Province. As a result, students are entitled to attend schools in the surrounding school systems.

Will Taza Park have public transit in place?

A Service Agreement will be in place between the Tsuut’ina Nation and the City of Calgary to secure Calgary Transit services for Taza villages. A tentative agreement is in place for Buffalo Run, and discussions for Taza Park are ongoing. The pace of transit service will be based on the rate of development.

The Sales & Marketing Centre is located at 5894 Tsuut’ina Parkway, and offers complimentary parking.

You can also chat with Herb Crowchild, Tsuut’ina Engagement Liaison, by reaching out via email at [email protected].

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