We’ve been producing monthly development updates for over a year now, and every month there is always something new to talk about. Because of the number of page views and responses we get about these posts, we will continue producing them as long as there is something to share! Last month we discussed the condo boom in Squamish, and how three pre-sale opportunities were coming available in September. Since then, we’ve helped a handful of buyers secure their condos and look forward to helping more of you find the perfect pre-sale opportunity in Squamish. We often get asked if we sell existing properties too and the answer is yes, any real estate in Squamish we can help you with.
This month we see public debate about the townhomes and proposed village promenade for Britannia Beach, condos selling out, a work stop order for a local development and a road constructed on the site of Newport Beach.
Britannia Beach- Macdonald Developments
A public information on the proposed Macdonald Development project took place late September attracting a gathering of public to hear more about the project and voice their concerns. The planned site, at the base of Britannia Beach just of Highway 99 ten minutes south of Squamish, is already shifting with the historic Britannia General Store closing its doors. Site preparation is also underway. The proposed development will see 87 units of townhomes, and rental and commercial space. Traffic congestion, the presence of a potential fast food establishment and flood control costs were the main issues that were present at the information session. The developer took feedback on board with the notion of a village containing small, independent businesses (such as Galileo) to be the standard for the newly constructed community.
Pricing and floorplans have not yet been released for the townhomes, though speculation is they will begin in the high $600K-low $700K ballpark.
The Lauren is now SOLD OUT! This condo project went on sale on September 16th and sold out in one day.
The Vantage is now selling to registered buyers with an official public release expected sometime late October. Although many of these condos have already been sold to those who registered their interest early, there are still some larger floorplans remaining as well as some D plans (one bedroom with flex space) in the $439K range. If you would like to register for The Vantage and have a private appointment to view the presentation centre and purchase a condo make sure to contact us.
Amaji is now 30% sold out. The presentation centre for this project is in downtown Vancouver and appointments can be made by contacting us. Amaji features one and two-bedroom condos that will be constructed on 2nd Ave in downtown Squamish.
The Breeze is sold out of Phase 1 and has good availability remaining in Phase 2. There are still some prime locations in the complex available for purchase. These three-bedroom townhomes have a range of floorplans to choose from starting at $579.9K. A 10 percent deposit is required to secure one and completions are 1.5 to 2 years away.
Soleil in downtown Squamish is getting closer to completion. For those looking to buy a brand-new townhome in downtown Squamish this project is it! Located on the estuary in a prime position, pricing is now in the $600Ks with a 10% deposit required, completions will take place beginning-mid 2018.
We will know in December if the largest privately owned parcel of land (200 acres) will be eligable for development. Under the current official community plan this land is not eligable for development until the population increases above 23,000. Currently the land is used for recreational activities including some major mountain biking and running events. Land owner Bob Cheema has said he will close down the trails (due to insurance reasons) if he is unable to develop the land. If able to develop he has committed funds to improve and maintain the current trail network. Watch this space…
A section of phase two of the University Heights development was issued a stop work order last week. A statement released to the media claimed:
“Work at the University Heights Phase 2 construction site is subject to a valid Site Alteration Permit, but this small area of clearing was not within the scope of the current permit,” wrote Wyckham. “The cleared area is for a stormwater pipeline which has been approved by [Fisheries and Oceans Canada.] However, District permitting is not yet in place, so we have issued a stop-work order for this portion of the site.”
University Heights is an up-scale single family home development near Quest University in Garibaldi Highlands.
News from the site of Newport Beach (Oceanfront project) is a road has been built giving further access to the site for ongoing development. The twenty-year multi-phase project is still in phase one, the Green Tech Centre, with public feedback being requested for the next phase which is a public park and beach. For more on this project, see here.
For a full list of current and upcoming developments in Squamish see here.
To purchase or find out more about any of these projects please email Meghan and Nanci at firstname.lastname@example.org
- Squamish Development Update- December - December 12, 2017
- A Buyer’s Crash Course on The Documents That Form a Deal - November 22, 2017
- Squamish Development Update- November - November 8, 2017