Construction is inching closer at the highly-anticipated Colwood Corners development after years of the site sitting dormant.
A crane was put up on Tuesday by Onni Group, a Vancouver-based development company that plans to add six mixed-use apartment buildings to Colwood.
Phase one of construction includes three mid-rise residential buildings with approximately 150,000-square-feet of commercial space. The commercial space will house four anchor tenants, with one of them being a major grocery store. Onni Group has not announced any tenants as of yet but phase one is scheduled for completion in 2020.
READ MORE: Work begins on Colwood Corners this week
Once fully complete, the site will have 471 residential units as well as pedestrian and cycling connections to the Galloping Goose Regional Trail, landscaped public spaces with seating, lighting and places for kids to play.
There are also plans to add new bike lanes and boulevards to the frontage along Sooke Road.
READ MORE: Ceremonial concrete pour to kick-off Colwood Corner’s new building construction
Onni Group received the initial building permits from the City of Colwood last winter.
Earlier this month, a ceremonial concrete pour took place at the site to kick off construction.
The site was previously owned by developer League Assets Corp. which had plans to turn it into a $1-billion project including multiple high-rises.
League Assets declared bankruptcy in 2015 and the site was left with a partially poured foundation and exposed rebar – until now.
shalu.mehta@goldstreamgazette.com
