Macdonald Development Corporations' Watermark Development Named Best Developed Community in Canada

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 9, 2014) - Macdonald Development Corporation's Watermark at Bearspaw development in Calgary, AB has been awarded the 2013 Canadian Homebuilder's Association (CHBA) Sales and Marketing Award for Best Community in Canada. Recognized at the awards ceremony for its second phase, this is the second consecutive year that the group has won the award, obtaining the accolade in 2012 for Phase 1 of Watermark.

Watermark at Bearspaw has multiple awards to celebrate having been awarded with the regional award for Best Community Development Calgary Region by CHBA the week before the national award was announced. Both awards recognize Macdonald Development's commitment to developing distinctive communities, using innovative technology and construction, commitment to 'green' and excellence in new homes, design and construction.

"When we won this award last year we set ourselves a benchmark," recalls Ian Macdonald, Director of Sales for Watermark at Bearspaw. He continues, "To win again and to win multiple awards this year only fuels us to want to continue to exceed expectations."

Located twenty minutes outside of downtown Calgary, Watermark at Bearspaw boasts a masterplanned community comprised of single-family lots and 101 multi-family homes, the Villas at Watermark, which are the fastest selling multi family homes in Calgary. With the Rockies as its backdrop, the community plan offers residents gathering places within it's Central Plaza with outdoor social areas, while promoting active living providing 5km of paved trails, playgrounds and an NBA-sized sports court.

Having brought developments like Watermark at Bearspaw to the market for the last 25 years, Macdonald Development have an acute sense for what makes masterplanned communities like these an award-winning success. Building on this experience and success, Macdonald Development recently introduced a new masterplanned community to the Okanagan Lake in BC. Already releasing its second phase after achieving huge success in the first phase, Lakestone includes single-family and multi-family lots, comprising a total of 1365 homes on completion.

Find out more about Macdonald Development Group's Watermark at Bearspaw or Lakestone.

About Macdonald Development Corporation

Macdonald Development Corporation is a private, family-owned real estate development company based in Vancouver, Canada. From the beginning, Macdonald Development has firmly believed that land is a precious and irreplaceable resource. We believe that, as developers, we have a responsibility to communities, homeowners and investors to be careful stewards of the assets entrusted to us.

Founder Robert Macdonald has led the company since 1985, creating a legacy of commercial and residential properties across North America. Since 1999, Macdonald Development has focused mainly on the development of single-family communities and multi-family condominium projects, creating over 4,000 high quality homes and properties.

Macdonald Corporation has also re-energized over fifty apartment communities totaling over 8,000 suites in major cities including Vancouver, Seattle, Sacramento, San Diego, Phonenix, Atlanta, Toronto, and Edmonton. The company's portfolio of properties now includes apartments, hotels, shopping centres and office buildings in both Canada and the Unites States, as well as over 10,000 acres of land for future development.