Kelowna developer proposing more than 200 rental units in Comox

Highstreet Ventures has presented Comox council with a four-building development at 695 Aspen Road.

A Kelowna-based development company is proposing a new complex mixing both rentals and condo units in Comox.

Highstreet Ventures said they have presented Comox council with a four-building development at 695 Aspen Rd., which features 208 rental units and with 24 condo units, along with mixed-use commercial on the ground floor.

“We recognize we need market rentals in Comox,” explained Christina Wilson, vice-president of development and sales for the company.

“We dialed into Comox because we have a piece of land that is large enough, and we realized one area in the Town’s OCP (official community plan) is that they wanted to densify.”

With buildings primarily in western Canada, Highstreet has built the Riverwalk Centre and Riverstone condo buildings in Courtenay.

The application has been submitted to council for rezoning and a development permit. If the process proceeds, Wilson explained she would like to see construction begin in the spring, with a build-out period of around 12 months for the first building.

She noted rentals could ready for occupancy by fall 2021.

Wilson explained one of the goals of their company is to have 1,000 net-zero homes by 2024, and added: “we are well on our way.”

“We already have a better building envelope and have solar panels installed. It’s really important for us to be energy efficient – we aim for ‘smart real estate.’ ”

In terms of parking, Wilson said there will more parking than the Town’s bylaw requires, along with chargers for electric vehicles.

She estimates rents will be at market rate and noted a one-bedroom could be around $1,300, with a two-bedroom around $1,500.



erin.haluschak@comoxvalleyrecord.com

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Comox Valley board of education approves facility spending plan

Projects include roofing, sewage system upgrade, gym resurfacing

Vancouver Island’s current COVID-19 case count officially hits zero

Of the 130 recorded Island Health cases, five people have died, 125 recovered

Valley artist gifts B.C.’s health officer with symbolic hummingbird

A special connection brought the piece to Dr. Bonnie Henry’s desk in Victoria

Black Lives Matter events planned for Courtenay

Peaceful gatherings are scheduled for Simms Park Friday and Saturday

Arnott taking medical leave as Comox mayor

Coun. Ken Grant will step in a mayor for time being

‘I’m pissed, I’m outraged’: Federal minister calls out police violence against Indigenous people

Indigenous Minister Marc Miller spoke on recent incidents, including fatal shooting of a B.C. woman

Facing changes together: Your community, your journalists

The COVID-19 pandemic has changed the world in ways that would have… Continue reading

Kelowna Mountie who punched suspect identified, condemned by sister

‘How did he get away with this? How is this justifiable?’

PHOTOS: Anti-racism protesters gather in communities across B.C.

More protests are expected through the weekend

Pair accused of ‘horrific’ assault at Vancouver’s Oppenheimer Park at large

Police say Jason Tapp, 30, and Nicole Edwards, 33, did not show up to meet their bail supervisor this week

No charges to be laid against 22 northern B.C. pipeline protesters

Twenty-two people were arrested in February, but Crown has decided not to pursue charges

Plan in place for BC Ferries to start increasing service levels

Ferry corporation reaches temporary service level agreement with province

B.C. starts to see employment return under COVID-19 rules

Jobless rate for young people still over 20% in May

Most Read