Significant upfront work has been completed, including site survey, land assembly, pipeline abandonment and removal, and full site clearing. A logical staging plan supports phased development of approximately 80 to 120 units, reducing capital exposure and increasing flexibility. Offsite levies remain outstanding. Sylvan Lake continues to demonstrate steady growth, with a population of 17,897 in 2025, up 10.3% over five years, supported by median household incomes of approximately $92,000 and a labour force exceeding 8,800 residents, reinforcing long-term residential demand.