Rimbey town council has given thumbs up to an application for extension of subdivision approval for a local businessman who is developing land in the southeast corner of town.
At its regular meeting, Monday, council gave approval for the extension to Steffen Olsen, who owns BRIX Construction.
The land parcel consists of approximately 61 acres.
Olsen is looking at developing five lots for light commercial use. One lot has already been sold.
Olsen plans to subdivide the lots into two-acre parcels as they are sold. He plans to move ahead with the rest of the development in phases.
The developer, who is well known in Rimbey, said he is pleased and excited to move ahead with the project.
“Rimbey has the potential for growth,” he said, noting it is in the centre of a thriving mixed farming and oil and gas region. He also noted it is the gateway to recreational opportunities and is in close proximity to Sylvan Lake, Gull lake and Pigeon Lake.
Olsen noted that several years ago a sizable parcel of land was annexed from Ponoka County. He said annexing the land showed foresight and helped pave the way for developers such as himself to allow the town to expand.
“From what I understand we are the only community (in the area) that has this much land available.”