Cranston

Riverstone

Interesting Facts about Riverstone:

  • Riverstone was designed to take advantage of the natural amenities surrounding it: the Bow River, Fish Creek Park, The Cranston Escarpment and the Creek
  • Riverstone is made up of 293 acres of development - 258 acres of which are developable
  • The development of Riverstone began in 2004
  • 9 year build out with estimated completion in 2020-2021
  • The land used for Riverstone was developed from a reclaimed gravel pit
  • Mostly natural landscape in place - minimal sod etc used
  • Homes backing onto the river are no less than 25ft above river level - higher than the 100 year flood line
  • Bow River is one of the top three trout streams in the world
  • Wildlife corridor on south end allows for safe passage of wildlife
  • Estate homes: exceptionally built homes made with the finest materials and finishes. Generally built on larger lots in exclusive phases with quality estate home builders

For information on the enhanced maintenance of Riverstone, click HERE

Riverstone Fees:

Annual Cranston Residents Association (CRA) Fees are due as of April 1 annually. The CRA is a not-for-profit organization which manages assets owned by the Association, for the benefit of Cranston residents. An encumbrance is registered on all property titles in Cranston in favor of the Association to ensure annual payments are provided in accordance with the Articles of Association. Membership is mandatory and applies to each and every property owner in Cranston and Riverstone. The Association, including the operation of Century Hall, is administered by a Board of Directors made up of Brookfield Residential and resident representatives.

The CRA annual fees support maintenance of the 22,000 square foot Century Hall Facility and seven acre outdoor park, CRA events, activities, programs and the Cranston Connect website. The CRA also owns and maintains several decorative corners, the Art Park, the Windmill site and Cranston entry features.

In Riverstone, the CRA provides an upgraded landscaping/maintenance plan. This includes: enhanced decorative corners, annual and perennial planting, entry lighting, features and structures, annual holiday light displays and increased maintenance for CRA controlled green spaces. In addition, CRA hosts events in Riverstone. Benefits of membership also include access to the Century Hall Facility and Park, and resident rates for CRA programs and rentals. Stay tuned to this page for information on Cranston's Riverstone 2017 Landscape Maintenance program. 

Annual fees for 2017-2018 are:
Riverstone - $449.95 (GST included)

*Annual fees are subject to annual compounded inflation increases and GST.
Interest will be applied to all outstanding accounts beginning on May 1st of each year.

Click HERE to view a copy of the 2017-2018 annual budget

Click HERE to view a copy of the 2017-2018 Riverstone fees cover letter