The amount of developable land required to support growth is a function of the following factors:
Population Growth
Household Density
Density of Development
The Town also takes into consideration the remaining developable land within the current boundary:
It is estimated that there is capacity within the current Town boundary for a total population of 3427 (an increase of 725 people from the 2016 population)
There are approximately 11.5 acres of vacant commercial land, and 6 acres of industrial land
Population Growth
As a part of the Calgary region, the Town has experienced steady growth, although more modest than the growth of communities closer to the city. The Joint Growth Strategy prepared low and high estimates of population growth (for more detail on the population projection
The low growth projection assumed the recent rate of growth of 2.5% would continue for near future, then gradually decline to 2.0% by 2056
The high growth projection assumed future growth would exceed the historic growth rate for the following reasons:
History of accelerated growth in other communities in the Calgary region
Increasing single-family home prices in Calgary shifting buyers to outlying communities
Improved transportation connections to Calgary upon completion of SW ring road
Increasing regional employment opportunities
Improved business attraction upon installation of fiber-optic network
In the context of the growth that is projected for other communities in the Calgary region, the population forecast for Black Diamond is modest.