Study Findings

This future growth study by ISL found that the Town has only an 11-year supply of residential lands and a two-year supply of commercial and business park lands within its current town limits.

Recommendations

The study recommended an annexation area of 24 quarter sections to accommodate the expected future growth over a 50-year time horizon at current residential densities. Further, the study recommended providing flexibility within the annexation area by factoring in a market allowance and providing an opportunity to extend the lands to a much longer time horizon should Beaumont be able to achieve the Capital Region Board’s prescribed density target.

Implementation

The project was very well received by Town Administration and Council, as well as the Town’s legal counsel and financial consultants who were involved in related projects.