A potential buyer for undeveloped property at the Aquattro site near the Esquimalt Lagoon is hosting an open house Tuesday.

A potential buyer for undeveloped property at the Aquattro site near the Esquimalt Lagoon is hosting an open house Tuesday.

Open house planned on Aquattro lands

  • Feb. 18, 2011 6:00 a.m.

A potential buyer of the Aquattro lands near Esquimalt Lagoon is hosting a public open house Tuesday evening.

Vancouver-based Anthem Properties is interested in restarting development on the 48-acre property, where work has been stalled for more than a year.

Sylvia Yung, spokesperson for Anthem, said the company is proposing some changes to the original development plan, such as a lower building density and longer phasing.

“The reason for the open house is to see if our vision is inline with what the neighours want to see there,” she said.

There will be display boards with sketches of the work Anthem envisions doing on the site. Representatives will explain the project and ask for feedback.

“It’s part of our due diligence. We’ve made no foregone conclusions,” Yung said. “We want to be good neighbours and that means actually talking to the neighbours.”

Originally slated for 28 buildings, ranging from single- to 12-storey structures, only three condo buildings and one row of town houses were completed in the Aquattro development. Lenders pulled out of funding the project in early 2010.

Anthem Properties will hold an open house Feb 22, 6 to 8 p.m. at Aquattro Presentation Centre, 170 Goldfinch Road.