Opportunity

Opportunity to acquire a zoned 6-storey mixed-use development site in Colwood, BC. The property comprises two adjoining parcels of land totaling 34,821 SF at the high-profile intersection of Sooke Road and Veterans Memorial Parkway.

Site specific CD-33 zoning permits development of a six-storey building up to 2.5 FAR. A development permit application is ready for submission, proposing 82 residential units (strata or rental) and 916 SF of ground-floor commercial space. A well-balanced unit mix features units ranging from 607 SF to 1,063 SF, with an average of 840 SF. A three-level partially exposed parkade provides 147 vehicle stalls, along with bicycle stalls and storage / mechanical rooms. Alternatively, a developer may wish to bring their own vision to the site.

Location Map

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