Office Phone: 250-338-5466
Courtenay, British Columbia
Posted: Nov 25, 2010
A real estate development company with roots in the Mill Bay community is hoping to breath new life into this small Vancouver Island community, the Victoria Times Colonist is reporting.
Cadillac Homes bought the waterfront property surrounding the community’s ravaged marina this year through a court-ordered sale and has plans to reinvent the marina and establish a new hub for the town.
"This is the only waterfront community I know of where there's nothing on the waterfront for the public other than the beach," said Cadillac Homes president Cam Pringle, noting the pebbled stretch of beach along Mill Bay Road offers only the view. "What we're hoping to do is build something there that the whole community will support and come down to."
Pringle said he's part of the Mill Bay community. He has lived in the area for 20 years and has had his own small boat moored at the marina over that time.
He hopes the Cowichan Valley Regional District will embrace his vision of enhancing Mill Bay. "We are building a community benefit with the marina itself and rebuilding the boat launch, putting in a boardwalk, a little cafe and maybe some space for local artists," he said. "It will be a real hub for the community."
Pringle hopes to be able to get his project in front of the CVRD directors before the end of this year and schedule a public hearing early in 2011.
The Cadillac Homes proposal would see a high-end townhouse development developed up from the marina. There would be 14 new waterfront townhomes, likely ranging in price from $750,000 to $950,000. The project also includes a complete overhaul and rebuilding of the old marina including 94 slips, some transient moorage and a boardwalk featuring retail and service outlets.
The best-case scenario - getting all approvals required without delays - would see the company break ground in June, Pringle said, and be done by the summer of 2012.
Excerpted from the Victoria Times Colonist