The Gales in Ladysmith Adding Two New Patio Homes

Posted on May 30, 2019

The Gales in Ladysmith now has two new patio homes with walk-out basements under construction (Unit #20 and #21). These new homes continue the established tradition of excellence in this ocean view development, built by award-winning GNB Builders.

New homes at The Gales are built to Built Green Platinum standard, ensuring homes that hold their value, offer cost efficiency and high environmental standards. Built Green Platinum homes offer lower monthly operating costs thanks to things like energy efficient appliances, furnaces, windows and insulation. Water efficiency is achieved through plumbing and landscaping choices. Air inside the homes is cleaner with fewer allergens, and more comfortable with fewer drafts and more consistent temperatures.

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Campbell River Updates its Development Handbook

Posted on Oct 18, 2018

The City of Campbell River has updated an illustrated, easy-to-read handbook for developers preparing applications to help streamline the development permit and approval process.

The City’s development handbook was first created in 2013 to provide a visual interpretation of the City’s development permit guidelines. A comprehensive guide, it details development permit submission requirements, including how Official Community Plan guidelines apply to new commercial and multi-family projects.

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Townhome Construction Booming in the Comox Valley and Campbell River region

Posted on Sep 29, 2018

Monterra Builders is building an 84 multi-family townhome project in Cumberland. Phase 1, consisting of 12 units is now occupied by the new owners. Phase 2, which includes 11 townhomes will be ready for occupancy in October. Construction is ongoing for Phase 3 through 5 for an additional 35 units. The project is expected to be completed in August of 2019. Prices of the units range from $381,900 to $399,900. Sales have been brisk, with 56 of the 84 units sold. Fifteen units are currently under construction.

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CMHC August Stats for Vancouver Island

Posted on Sep 24, 2018

“The Victoria Census Metropolitan Area (CMA) housing starts trended higher in August on elevated multi-family construction. A large majority of the starts were in Langford, concentrated in rental projects. Year-to-date starts were up 32% in 2018 from 2017,” said Braden Batch, CMHC’s senior analyst. “The increase in starts was not reflected in the single-detached numbers, which were down 5% year-to-date.”

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Vancouver Island Building Permits Top $800 Million in 2nd Quarter

Posted on Sep 9, 2018

Construction activity on Vancouver Island continued at a robust rate during the April to June 2018 period (second quarter) with the total value of building permits issued reaching $806.9 million — a 42 per cent gain over the first quarter of 2018.

Total spending on residential construction spiked 45 per cent Island-wide to $698.2 million while non-residential building construction increased 23 per cent to $108.6 million. Construction employment increased by 8.6 per cent Island- wide in the first half of 2018. Victoria led the way with 1,800 more workers on the job in the second quarter.

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