The Village of Standard is poised to see some growth this summer as it has sold out it’s residential subdivision.
The village developed the residential subdivision with eight lots years ago. However, with changing conditions and a drop in price, the lots have been snatched up.
“All the lots are all gone, and there is one small lot that is in the works, so we are just about finished,” said Mayor Martin Gauthier.
He says this is an indicator of growth, and most of the lots have been purchased by individuals, and many are committed to building right away.
“It could be a busy summer up there. I am looking forward to it,” he said.
Gauthier explains that the lots have been on the market for quite some time, and the council had commissioned a realtor to work on selling them. Eventually, they did lower the price to entice buyers.
“It is definitely going to help our tax base, said Gauthier, adding he hopes it spurs on more growth, not just residential, but commercial. The Village has also been working on an industrial subdivision.
The village is also well placed to take advantage of nearby economic growth including including the De Havilland Campus and the USG wallboard plant being developed in Wheatland County.
He adds they have more space to grow.
“We are looking into finding a developer, because we do have another 12 lots we can put in up there, but it is a little hard for the municipality to develop that,” said Gauthier.