Whether it’s a new neighbourhood, or a new name, change can be a good thing.
For decades, MLC Group has created thriving communities in and around Edmonton — work that will continue for years to come under the new banner of NAC Management.
Some things won’t change under the new brand, like the quality and affordability current clients expect, and future clients will come to enjoy. But a changing market demands a dexterous developer. And from Rosemont in the west, to Desroches in the south, to the northeast’s Marquis community to Stony Plain’s Genesis on the Lakes, NAC has made it easier than ever to enter the Edmonton area’s real estate market.
“It feels like [it’s been] forever that, in Edmonton, a single-family house has been 60, even 70 per cent of the market share, but that just can’t be the case anymore,” explains NAC President Chris Nicholas. “The new world demands change, so we’ve expanded options for people at every stage of home ownership.”
Townhomes, bungalows, duplexes, zero-lot-line homes, with garage and basement suite options — whether you’re upsizing or downsizing, looking for a first mortgage or trying to offset living costs, NAC-built communities have never been so diversified.
People in other major Canadian cities have been priced out of their local markets, Nicholas says, making Edmonton attractive to people from elsewhere in Canada and beyond looking for a place to stay.
“It might be their first time buying a townhouse and then they’ll move their way up to something else,” says NAC Marketing Manager Madeline Belter. “But they usually tend to stay in the same sector of the city, so it just makes sense to have something that they can move up into.”
Many buyers are Canadian newcomers, including a wide range of demographics, Belter explains, so it’s been a “very intentional exercise” to mix smaller, attached options in with traditionally detached homes. The variety of homes draws in people of all ages, and the livable neighbourhoods get them to stay.