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.

Like us on Facebook and follow us on Twitter

Just Posted

Kingfisher Resort unveils spectacular winter light display

A must this winter season is the Kingfisher Oceanside Resort & Spa’s… Continue reading

Nearly 200 people participate in annual Jingle Bell Run at Seal Bay Park

The Comox Valley Road Runners held their annual Jingle Bell Charity Fun… Continue reading

Opening day delayed at Mount Washington

Dec. 6 was set as opening day but will now be delayed due to lack of snow.

Vandalism at three schools in Comox Valley over weekend

School district estimates cost of damage to be about $2,000

Coroners service investigating following death of 19 Wing Comox firefighter

19 Wing noted William Vant Erve passed away from an accident while climbing on Vancouver Island.

VIDEO: Rockslide closes Highway 93 in Fairmont Hot Springs

Geotechnical team called in to do an assessment after rocks fell from hoodoos

Illicit drug deaths down, but B.C. coroner says thousands still overdose

Chief coroner Life Lapointe says province’s drug supply remains unpredictable

Trustees ask for more help after tearful meeting on B.C. school’s ‘toxic’ stench

Enforcement has ‘no teeth,’ school trustee says, while kids become sick

One of B.C’s last surviving strip clubs baring all again for Christmas charity

25th annual event is Sunday and raises money for the Maple Ridge-Pitt Meadows Christmas Hamper Society.

University of Victoria researchers develop industry-changing ‘hyper-glue’

‘Cross-linking’ technology already playing a role in performance body armour

Threats to the Fraser River at ‘new zenith,’ says river conservationist

The ‘Heart of the Fraser’ should be deemed ecologically significant according to ORC statement

Grandparents raising children: Shuswap grandma sees need for support

Peer group formed for those who have unexpectedly taken on the role of parenting

Final appeal rejected for man convicted in deaths of missing Alberta seniors

Lyle and Marie McCann were in their 70s when they left their home in St. Albert in 2010 and vanished

Thieving gun-toting Santa breaks into Princeton restaurant, makes icing sugar sandwich

The suspect allegedly made a sandwich of icing sugar and ham

Most Read