- Published: December 15, 2016
Legion Branch No. 264 on Calgary’s Kensington Road is the latest branch of Canada’s largest veteran support service to secure its long-term future by monetizing valuable land assets, thanks to a unique partnership with Truman Homes.
As the branch prepares to open the doors of its new facility to members, the project team involved says partnerships between asset rich non-profits and developers looking to densify inner-city neighbourhoods are viable and valuable to both parties.
What’s more, Oliver Trutina, vice-president of Truman Development Corp., is “throwing down the gauntlet” to developers in Toronto and Vancouver to “step up and start conversations with other Legion branches and social organizations whose futures depend upon innovative new revenue streams.”
“We’ve looked at other sites and have also been approached by other Legions and non-profits in similar situations across Canada. Right now, I can’t divulge more than that,” he says. “We’re working to make this project a huge success so that others can see what’s possible. We want it to be a beacon.”