Proposed construction/permitting timeline

This is an estimated timeline. Dates are subject to change.

  • November 2019 – August 2020: EOI/RFP process

  • October 13 2020: Final Project approval by council 

  • October 26 2020: Borrowing bylaw passed

  • January to May 2021: Regulatory approvals from Parks Canada and the Town of Banff

  • January- March 2021: Demolition Start

  • May – August 2021: Foundation excavation

  • August 2021- Fall 2023: Construction phase

  • October 2023: Occupancy

Purchase timeline

  1. Register interest: closed

  2. June 2021: The Aster project overview for interested buyers- Webinar

  3. July 2021: The Aster Application process for interested buyers- Webinar

  4. October 5, 2021 - December 15, 2021: Application period

  5. January 5, 2022: Lottery draw for unit purchase

  6. January 13, 2022: Sales Day (location and agenda to be announced)

  7. Mid-year 2023: Occupancy