Vic West's Dockside Green development was originally conceived as the most environmentally progressive mixed-use project in the world. Today it remains mostly as it did in 2009 when construction of its last major phase was completed. Next year, however, work is set to begin on the next round of residential towers and commercial space.
Amid takeover rumours, Dockside Green to push ahead with new construction in 2018
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The next major phase of construction at Vic West’s Dockside Green development is slated to get underway next year, Citified has learned.
“We are currently in negotiations with developers to take on individual parcels as part of our new masterplan,” said Dockside Green president Norm Shearing. “By next year you’ll start to see activity along Tyee Road.”
Details of the upcoming phases and the developer or developers behind them remain under wraps for now, although buyers can expect concrete residential towers sized between 12 and 16-storeys.
Development information aside, rumours are circulating throughout the Capital Region’s development community that the 15-acre project, home of the largest undeveloped land parcels in the city centre, could be in line for an acquisition move.
Under condition of anonymity several sources told Citified that current owner VanCity Credit Union recently sought purchase bids from large development firms with the wherewithal to take over the entire project. [
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