A 94-unit apartment proposal at Cliffe Avenue and Anfield Road is all but a done deal.
Courtenay council gave third reading Monday to the proposal dubbed Acadia on the Walk.
Crowne Pacific Development proposes to divide the project into a pair of 47-unit buildings beside the Courtenay River Estuary, offering a gateway to the city’s trail network. The suites will be a mix of two and three bedrooms, renting for $900 to $1,100 per month.
“This project fills a rental gap,” Coun. Manno Theos said. “I think it’s a grand slam of developments.”
“It’s a timely, well-thought-out proposal,” added Mayor Larry Jangula, noting a low vacancy rate in the Valley.
At a public hearing preceding third reading, Sandpiper Drive resident Steve Williams — president of the Millard-Piercy Watershed Stewards — said the group generally supports the application.
“We’re confident we can work together,” said Williams, who stressed the importance of managing rainwater close to sensitive areas.