Ground has now been broken on a $1 billion real estate and construction project at Colwood Corners on south Vancouver Island. With a build-out of 20 years, the “Capital City Centre” has the potential to draw 4,000 people to Colwood’s core, living in 2,220 condominiums and townhomes. During phase 1 and over the next five [...]
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Luxury Waterfront Condos Now Selling at Oak Bay Beach Hotel in Victoria
The Oak Bay Beach Hotel in Victoria on Vancouver Island is nearing completion of its oceanfront hotel, Victoria hotel vacation suites and luxury waterfront residential condos. Looking back on 2011, the resort had its best sales year yet, with more than $20 million in sales on the books when the year ended, according to the Oak Bay Beach [...]
New Real Estate Developments Mean Construction Increases on North Vancouver Island
Editor’s note: The following story ran in the Jan. 13 edition of the Comox Valley Echo. New figures show there was a big fall in the number of new houses being built locally last year – but there are signs the situation is starting to turn around. The details have been compiled by Building Links [...]
Real Estate Construction Expected to Rise in Nanaimo
There’s reason for quiet optimism in the central Vancouver Island area construction industry, despite lingering effects of an economic downturn. That’s the message close to 200 audience members heard at the Canadian Home Builders’ Association Central Vancouver Island’s construction industry forum in early January. From interest rates and investment opportunities in Nanaimo, speakers talked of a [...]
Building Permit Values Down in Victoria for 2011
According to Statistics Canada, the total value of building permits issued in the Victoria region of Vancouver Island from January to November last year was $615.9 million, down 11.3 per cent from the $694.3 million recorded in the same 11-month period in 2010. Both residential and non-residential construction slowed last year with the value of residential [...]
New Comox Valley Real Estate Project Will Bring 10 New Townhomes to Piercy Avenue
A new Comox Valley real estate development from McQueen Construction is coming to Piercy Avenue in Courtenay. This new Vancouver Island real estate project will feature four townhouses and two duplexes for a total of 10 new homes. Located only a few blocks from downtown Courtenay, Piercy Avenue Townhomes are set in a sunny, central location in [...]
Residential Construction Numbers Jumped in Campbell River
Campbell River’s taxable residential assessment roll is $3.3 billion this year. A total of almost $34 million in new residential value has been added due to various changes including subdivision, rezoning and new construction. In the first three quarters of 2011, Campbell River approved building permits for 90 new single family homes with a value [...]
Building Permit Numbers Reveal Housing Trends in Victoria Region
The value of building permits issued throughout the Capital Regional District (Greater Victoria region) slumped 15 per cent between September and October, and 38 per cent, year over year for October, according to figures realeased by Statistics Canada. A dip in large projects after a busy summer is mostly to blame, according to the Vancouver [...]
New Nanaimo Homes at The Boardwalk Set Steps From the Waterfront
The Boardwalk is a collection of 33 new Vancouver Island ocean view townhomes and condominiums in Nanaimo, starting from $244,900. Located only steps from Nanaimo’s premiere waterfront walkway in the historic Newcastle area, The Boardwalk is “your path to Island living.” These ocean view townhomes and condos features contemporary West Coast architectural design, and all concrete and [...]
New Family Show Homes Now Open at Park Place at Cowichan Bay
New family homes at Park Place at Cowichan Bay on Vancouver Island have been designed for efficiency and economy without sacrificing quality and luxury detailing. This real estate development offers variety of single family home floor plans designed to appeal to young families, retirees and professionals alike. Park Place is designed to offer residents quality of [...]
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