By Lethbridge Herald on November 4, 2025.
Alejandra Pulido-Guzman
Lethbridge Herald
A multi-developer project with a price tag of more than $300 million is set to bring the first hotel to the west side of the city, along with more businesses and more residential opportunities for families and older adults.
Matthew Sherwood, President of Sherwood Developments says that as a local developer, they were excited for the opportunity to work with other local developers in this project.
“Partnering with Cedar Ridge and Tollestrup Construction for some of the major components of the project, feels like we can have a Lethbridge development by Lethbridge developers,” says Sherwood.
Lonny Hoy, president, and owner of Cedar Ridge Homes, echoes Sherwood’s words by saying that it is important for them to be able to take part of a local development like this as a local developer.
“We employ dozens of local companies, which translates to hundreds of local workers that will benefit from this project. And because we are local, we have a real interest in seeing it done right,” says Hoy.
Sherwood explains that they were able to purchase the land that was meant for the second phase of the business development in The Crossings from a developer in Calgary about two years ago and they are finally able to complete it.
“Since then, we have been working other local developers to find the best way to absorb the land and bring businesses to the West side that are needed, and we have been very happy to have found those partners in Cedar Ridge Homes and Tollestrup Construction,” says Sherwood.
He says that between the three developers and in partnership with the Green Acres Foundation, they were able to masterplan the whole area and work with the City of Lethbridge to make the infrastructure work.
“From the commercial perspective, we are developing the front nine acres along Whoop-Up Drive basically as a phase two of the retail that is already there, and with the intent of continuing the general design and to bring additional commercial and retail opportunities for different businesses to come to the West side,” says Sherwood.
He says the project is going well, attracting interest from national and local tenants and they are interested in talking to more tenants who would like to take part in the development.
“Together, it will be close to 25 acres of commercial development, four acres of hotel, and another 13 acres of mix-used residential.
When speaking about the project, Hoy says this is one of the most complicated projects they have worked on, as it includes multiple developers, and it has taken around a year and a half of planning with the city of Lethbridge.
“They have been great in assisting us and we look forward to that continued collaboration with them and hope that the new council will continue to support us on this project,” says Hoy.
He adds that the project is already attracting a lot of support, with the first couple of phases basically locked up already with clients.
“There’s some exciting new product we are bringing to the market. There are things that we are trying that have never been done in Lethbridge, with a more urban type of residential.”
Hoy says the project includes rentals to supplement that area of the market as well as individual units for people to own, with over 450 planned urban residences and construction is scheduled to begin in spring 2026.
“Come springtime residents will see four or five different job sites under construction. There is a lot of activity, and we are all very excited,” says Hoy.
In terms of where the various projects will take place, Hoy explains that the hotel will be across the Cavendish Farm Centre and Chinook High School, the business development will be alongside Whoop-Up Drive adjacent to the existing businesses and the future Church of Latter Day Saints Temple, and the residential development will be done across the street from Catholic Central High School, with the Green Acres Foundation development in the South East corner of the lot across from the Mobil gas station.
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This is a great idea . . . for years many have wondered why there isn’t a hotel in West Lethbridge . . . when friends and family come from out of town to visit those on the westside, they have to drive across Lethbridge to get to their accommodations.
The City should freeze all development on the Westside until the transportation issues are resolved. Also increase off-site levies to pay for things like roads and bridges.