The on again off again project destined to change the face of Colwood is finally set to forge ahead. The Onni Group, developer of the Colwood Corners project, announced today that site preparation work will begin in mid-August for the commercial and residential project that will feature 471 residential units.
The first phase will consist of three mid-rise residential buildings and 152,000 sq. ft. of commercial space that will feature four anchor tenants, including a major grocery store, said Rodney Rao, development manager for the Onni Group.
“We are very excited to announce our plans for Colwood Corners,” he said. “The project will bring added balance and vibrancy to the Colwood housing market.” It also addresses a lack of much needed inventory in the region, Rao added.
“Colwood is a vibrant and active community,” he noted. “We look forward to bringing new home opportunities to Colwood with a unique new live, work, play-style community that everyone can enjoy.”
Completion of phase one is expected by 2020.
Development permits were issued for most of the 10 buildings on the site on July 7, said Iain Bourhill, director of planning for the City of Colwood. “We are extremely happy to see this project moving ahead,” he said. “We are working closely with the developer to facilitate the process as quickly as possible.”
Plans for additional phases are currently undergoing review by the City. For more information on the project at 1913 Sooke Road, visit onni.com/colwoodcorners/.