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Zoning Approved for 24 Story Tower in Nanaimo

An update to a story in Nanaimo Realty Blog from earlier this year. According to Nanaimo News Now, a 24 floor tower that would drastically transform the skyline of downtown Nanaimo has had their rezoning application approved to allow for what would be Nanaimo’s second-tallest building.

The proponent, Vancouver-based Wertman Development Corporation, asked for rezoning for a 24-storey building at 65 and 77 Chapel St., directly across from the courthouse. The previous zoning called for a maximum height of roughly six-storeys.

Wertman also submitted a development permit for the project in mid-September and the City said that could come back to Council for approval in early 2019.

Vice-president Jason Wertman previously told NanaimoNewsNOW their goal was to create a 109-unit “luxury condo development” geared towards retirees looking to downsize and professionals working and commuting to Vancouver.

The proposal also included ground floor commercial and office space, an athletic club, townhouse units along Skinner St. and more underground parking spaces than required.

“It’s a fantastic opportunity to see some new life injected in the downtown and to build on some of the projects that have already started in the last few years,” the City’s manager of current planning Lainya Rowett said.

The Chapel St. sites have long been used for parking and were purchased by Wertman roughly a year-and-a-half ago.

Jeff
Hi, I'm Jeff Wood and I love living in Nanaimo! And I love helping people make their move! My wife and I moved to Nanaimo from Richmond in 2015, after raising our two kids there. We brought along our two precocious Border Collies; Jake and Cochise, who are sure they moved to Doggy Disneyland in the process. We live in Upper Lantzville and love it! Before becoming a Realtor, I was a professional investor owning 8 multi-family properties with 24 tenants. I also spent 20 years as an Executive Headhunter, finding talented people for Fortune 500 clients in the USA and Canada. In that role, I functioned regularly as a professional negotiator, working with both sides to create a win win scenario. I also helped candidates relocate to start their new jobs and thus I have a lot of relocation experience. Now as a realtor I apply all of these hard earned skills to the benefit of my clients, whether they’re buying, or selling, delivering results that move them!
http://jeffwood.ca

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