Randy Royer has a vision for the property around Coast Collective arts centre he's calling 'vitality living

It takes a money to build a village

Pacific Landing, a development on the 12-acre property which surrounds Coast Collective, is looking for investors to help build a village.

Pacific Landing, a development on the 12-acre property which surrounds Coast Collective, is looking for investors to help build a village.

“It’s a unique piece of property,” management team leader Randy Royer said. “Even going back to the First Nations heritage, this was considered to be a meeting place, so that’s what we want to keep.”

Royer and his company have owned the property for five years and have plans for a multifaceted development with 165 residential units, commercial enterprises, a coffee shop, a hotel and perhaps even a small medical centre.

The vision is to have the property, which is at the end of Heatherbell Rd., act as a small village, in a spirit being described as “vitality living.”

Plans are to build the village in the spirit of the property. As many trees as possible will be spared and the water features will be untouched. Any construction on the property must be setback 100 metres from the water, and 15 metres on either side of the creek which runs through it.

Royer views the natural surroundings as an asset rather than a hinderance to building.

“That’s important to the people that are going to be here,” he said.

The project successfully completed the rezoning process with the City of Colwood about four years ago.

The focus now is raising capital and drumming up investors. The project has a $10-million mutual fund trust through which it is raising equity. So far most of the capitol has come from Alberta. Royer himself is a substantial investor in the project.

“It’s very well received,” Royer said. “People hear the vision and like it.”

Royer hopes to have the money in place sometime around March 2014.

The bottom portion of the property, featuring Coast Collective’s home in Pendray House, will be untouched.

“It’s the Number 1 cultural destination in the Western Communities and they’ve just been great,” Royer said. “Coast Collective will act as the cultural cornerstone of the village.”

Cindy Moyer, the incoming executive director of the arts collective, who has previously worked for Royer, said the developer has been very supportive of Coast Collective and she sees the development as a positive move forward.

“Across the board, we feel anything that’s going to create a holistic development on that sight that celebrates the arts and makes them available to people … is a win-win,” Moyer said. “We’re all very excited about what (Royer is) talking about.”

Royer, who is based out of Calgary, has spent much of his career working in the hotel industry and developing properties throughout North America. He is the man behind the Grand Okanagan Resort in Kelowna, a 54-acre waterfront development.

Just Posted

Sooke woman is ‘black and blue’ after being pushed off 40-foot cliff at Thetis Lake

West Shore RCMP looking for witnesses as investigation continues

Mom who lost son to brain tumour in March joins the 24th annual Brain Tumour Walk

The Brain Tumour Walk takes place at the University of Victoria on Sunday, May 26

Throwback Thursday: Shamrocks revisit the 1950s with new uniforms

Victoria team introduces its new white jersey for the 2019 70th anniversary season

Comic Con announces winning artist in $500 ViGuy competition

Van Isle Comic Con announce judges’ award winner, People’s Choice voting now open

Forbes Group proposes a new medical clinic for Sooke

Four doctors will have space adjacent to a new pharmacy

VIDEO: Journey of SD62 Aboriginal graduates recognized at ceremony

‘Enriching and empowering’ ceremony encourages students to hold onto their identities

Greater Victoria wanted list for the week of May 21

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

POLL: Were you satisfied with the Game of Thrones series finale?

Millions gathered in front of their televisions Sunday night to watch the… Continue reading

Municipalities protest after B.C. declares marijuana growing ‘farm use’

UBCM president seeks answers in letter to John Horgan government

CMHC defends mortgage stress test changes amid calls for loosening rules

Uninsured borrowers must now show they could service their mortgage if rates rose two per cent

Brewpub offers ‘boat valet’ for paddlers during Surfrider celebration tonight

Free ‘Surf Formal’ evening features a local art auction, door prizes, live music

Thunderstorms to bring heavy rain, risk of flash floods in the southern Interior

Ten to 30 millimetres of rain to fall over the early weekend

Building a close-knit community in Sooke

Knit 2 Purl Together a community event

Unbe-leaf-able: Agassiz man finds more than 200 four-leaf clovers in a month

Walt Hardinge has found more than 219 four-or-more leaf clovers this spring alone

Most Read