The second phase of development proposes a town-home complex with 42 units. Units are scheduled to be ready for occupancy in January 2022. The first phase of development is a four-storey apartment building with 85 rental units. With a shortage of rental properties and a growing population, Beaumont was the ideal location for East Pine’s first residential housing complex.Ĭonstruction has now begun on the $27M complex. Last year the City of Beaumont was one of the top 5 fastest growing cities in Canada with a very low vacancy rate, especially for affordable housing. Together, the partners have purchased a $2M section of land in Beaumont which is fully permitted for the development of a new multi-family residential complex. Fort McKay First Nation (FMFN) and its partner, Landrex Inc., created a new company called East Pine LP.
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