Five years ago, Michael Cooper, Dream’s Founder and Chief Responsible Officer, stood in a sprawling field south of Calgary for a groundbreaking ceremony that would transform the land into a $2.5 billion mixed-use development called Alpine Park.
“We started assembling this development in 1997 and today, 23 years later, we are proud to commence development of this exceptional project,” said Cooper at the time during a media event.
“Alpine Park is among some of our most prestigious mixed-use communities, along with The Distillery District and Canary District in Toronto and Zibi in Ottawa. We strive to build communities that help make peoples’ lives better.
“I’ve been walking this land since we bought the first 320 acres in 1997. We knew the development would have to wait until the Ring Road was complete (a new route being constructed which will provide easy access from the site to the rest of Calgary),” he recalled.
“We went from 300 acres to 1,800. We have an enormous position here and it’s one of the best positions of land we have. It’s one of the best positions in Calgary and after 23 years, we now have a chance to build a luxury community that’s totally integrated with how people want to live, with incredible access to the Ring Road and the rest of the city, good access to the mountains and Fish Creek Park.”
Alpine Park is located off Stoney Trail at 154th Avenue — the interchange that takes drivers east into Evergreen and west into the new community of Alpine Park.
Lighthouse Custom Homes is one of several builders on the choice land which in several years will house about 10,000 homes with a variety of styles from different builders in the city.
Alpine Park is southwest Calgary’s newest vibrant community, blending modern living with natural beauty.
Lighthouse says Alpine Park offers:
The more than 600-acre site will also be home to a number of amenities including a huge retail development.
Alistair Corbett, Senior Vice President at CBRE, who is handling the retail leasing side of the mega project, said there are three retail components to the project:
As Dream puts it: “In Alpine Park, the community itself is the amenity – with treed boulevards, innovative off-street green court pathway systems, some of Calgary’s most imaginative parks, and life’s essentials, nearby restaurants, and cafes all within an 8-minute walk from home. So when you need a cup of sugar and your neighbour isn’t home, you know you can be to the store and back before anyone’s had time to lick the spoons.”
“Inspired by the natural and architectural history of Calgary with mountain, urban, and prairie influences converging, Alpine Park’s new urbanist design was built around a dynamic mix of housing choices that put people first, strengthening social fabric and encouraging neighbourliness.”
Mario Toneguzzi is a veteran of the media industry for more than 40 years and named in 2021 and 2024 a Top Ten Business Journalist in the world and only Canadian. He also made the RETHINK’s global list as a Top Retail Expert 2024 and 2025.
