Coaldale saw the second highest population growth in the region from 2018 to 2022, according to the Town of Coaldale’s 2023 Comparative Analysis.
In December of last year, the Town of Coaldale officially released its 2023 analysis, which is an annual report that compares Coaldale’s operational and financial performance to the operational and financial performances of eight other similarly sized and neighbouring municipalities.
Lethbridge trails by 0.4 per cent.
“If a municipality’s population is growing, this tells us something about what it has to offer. Whether it be in terms of better services, more housing options or more employment opportunities,” says Cameron Mills, deputy CAO and director of Growth and Investment for the Town.
“A common saying in our line of work is if your municipality isn’t growing, it’s dying. It’s reassuring to see Coaldale is continuing to experience above average population growth,” notes Mills.
According to Council’s 2021-2025 Strategic Plan, the Town identifies proactively facilitating residential development to attract new residents to the community.
“That’s exactly what we’ve been doing,” says Mayor Jack Van Rijn. “This summer, Shift Real Estate announced a brand-new subdivision called Malloy Landing in Coaldale’s northwest corner. The subdivision borders the Town’s brand-new high school and multi-use rec centre and over the next five to 10 years will become home to an estimated 1,200 to 1,500 new residents.”
Mills says the Town is seeing significant interest in investing in new housing in Coaldale. “Malloy Landing represents a multi-million-dollar private investment in our community, as developers are recognizing Coaldale’s current and future potential within the highly competitive southern Alberta real-estate market. With our low crime rate, strong economy and high quality of life, Coaldale has a lot to offer potential new residents and that’s something the market is recognizing.”
