Ridge Road Land Acquisition
In May 2025, the Village completed the acquisition of just over four acres of vacant land along Ridge Road in north Radium. This land will support multiple community priorities:
• Parkland: approximately one acre will be dedicated as new park space for the north Radium neighbourhood
• Road Right-of-Way: improved road network connections in this growing area
• Housing Development: the remaining land will be available for affordable rental housing development
Map of Land Acquisition
Funding
The $410,000 purchase was funded through:
• Village Parkland Acquisition Reserve Fund
• Federal Housing Accelerator Fund grant
• Provincial Growing Communities Fund grant
What’s Next?
The Village is working with 2B Developments, a social enterprise firm specializing in residential and non-market housing, to plan for affordable housing development on this site. Updates will be provided as the project advances.
For more information on the Ridge Road land acquisition, read the full press release.
