A five-storey condo building has been pitched for Nanaimo’s south end, specifically 119 Haliburton.
LOcated right in the area just south of downtown Nanaimo where a a classic story of gentrification is taking place, where many century old homes are being bought up by fans of character homes as well as investors speculating that this are will gradually improve and be updated, thus raising prices of properties in the area.
According to The Nanaimo Bulletin, City of Nanaimo staff have received a development permit application from Parkshore Management Ltd., which is proposing to construct a 29-unit condo building at 119 Haliburton St.
The five-storey multi-family building would be build on a 1,617 square-metre site and plans feature a rooftop patio that will be accessible to all residents, a green roof, garden and underground parking, according to a report to the city’s design advisory panel.
A similar design had previously been approved by councillors, but the permits expired and the property is now under new ownership, according to the report. Among the modifications from the original design are increased balcony sizes and the rooftop patio.
Parkshore Management is requesting a number of small variances including a height increase of one metre. The building’s height limit is 14 metres.
The proposed multi-family development is across from the Balmoral Hotel and in a neighbourhood surrounded with smaller single-family homes. According to the report, many of those homes and properties in the area are vacant and have “potential for development.”
Coun. Jerry Hong, who is on the design advisory panel, said Parkshore Management’s proposal is a good fit for the neighbourhood that hasn’t seen much development over the years.
“It is great that we are seeing progress in areas that traditionally don’t get a lot of development,” he said, adding that with plans for improved access to Port Drive, there could be increased development in the area down the road.
Councillors will need to approve the development before construction can begin on the project.