



![]() | UNDER CONSTRUCTION Tideline Lane at Royal Bay Use: subdivision Address: 360-374 Tideline Lane Municipality: Colwood Region: West Shore Sales status: sold out / resales only |
Posted 01 December 2007 - 06:49 PM
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Posted 02 December 2007 - 08:15 PM
LJ, cleanup and closing of the pit is taking place as we speak. The builders are reclaiming the land in phases.
Posted 02 December 2007 - 08:34 PM
Well put me in the lineup to buy a lot there, got to be the best view in the CRD with no hills to climb.
Posted 02 December 2007 - 09:28 PM
Of course I may be influenced by the fact that I just had to shovel a walkway to the road through 14" of snow, while down below the roads are bare and wet!
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The sandy bank was so high ships used to practice shooting canons into it, he said.
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Posted 14 February 2008 - 05:02 PM
http://www.canada.co...e1-df7148f5fed1Ontario developer eyes Royal Bay site in Colwood
Carla Wilson, Victoria Times Colonist
Published: Thursday, February 14, 2008
VICTORIA - A major Ontario development company is considering buying the 185-hectare Royal Bay gravel site in Colwood owned by a multinational corporation based in Germany.
Christopher Bratty, one of the family members in the Remington Group, flew here a couple of weeks ago with an urban planner and other staff to meet with Colwood Mayor Jody Twa and municipal officials about the possibility of developing the property, where sand and gravel have been mined for a century. Operations at the Westshore pit are wrapping up to open the way for a massive mixed use development built out over several years.
Twa said yesterday that while the sale has not closed, Remington, a privately owned Toronto-area company, has some kind of agreement with the owner for the property. "They told us they had the ability to start working with the city (of Colwood)."
Last year, Twa met with four groups interested in developing the property and fielded calls from others as well. Of the four he met, one was Remington, another was from outside Canada, and the remaining two were Canadian.
Royal Bay, featuring views of the Pacific Ocean and Olympic Mountains, is one of the region's premier zoned development properties. The waterfront site is designated for a new community with more than 2,000 homes, a population of 7,300, a high school, and shopping area. It is owned by Lehigh Inland Cement Ltd., a major supplier of construction materials in North America. Lehigh Inland is owned by Germany's HeidelbergCement which operates in 50 countries and it one of the world's biggest suppliers of construction materials.
James Derkatch, Lehigh Inland Cement Ltd. president, said from Edmonton that Remington is doing its due diligence on Royal Bay.
Geoff Morgan, of Maverick Public Relations representing Remington, said from Toronto yesterday, "I can definitely confirm that Remington is investigating some opportunities in Victoria."
"They don't have anything done yet in terms of a deal so there is not too much they can talk about at this point." Christopher Bratty was not available, he said.
Developers eyeing Royal Bay have questioned whether changes to the site plan, developed several years ago, would be possible, Twa said.
"Ten years ago, the zoning was probably considered very dynamic." Twa added that Royal Bay is zoned for about 2,400 units while the more recently planned West Hills project is half the size and has zoning for 6,000 units.
He referred to Smart Growth ideas for community and transportation planning, which support higher density and less sprawl, suggesting a possible increase in the amount of multi-family housing and head-office space at Royal Bay.
Remington's portfolio, particularly as builder of the Downtown Markham Ontario project, is "exciting," Twa said. The Markham plan is a progressive mixed-use development with hallmarks such as energy-efficiency, recycling, a pedestrian-friendly environment, and buildings scaled to suit the area. The aim is for the 4,000 condo units, 750,000 square feet of retail, and 4.5 million square feet of offices to all qualify for Leadership in Energy and Environmental Design (LEED) ratings.
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