The plan to give Colwood Corners a facelift looks to be moving ahead after the city received updated development plans just before Christmas. The project will add almost 500 residential rental units as well as 14,200 square meters of “commercial floor area.”
Onni Group, a Vancouver-based company that specializes in residential development, purchased the property in 2014. Preliminary plans were submitted to Colwood Council, by Onni Group, in October of 2015.
The project’s first phase will include the construction of eight buildings, which will provide 276 rental apartments and 14,200 square feet of commercial space. The second phase will see two more residential buildings constructed with 201 units, which may be a combination of condominiums and rentals.
A bicycle lane will also be added to Sooke Road near the development, the architecture and look will be updated, and London Drugs will be updated to look more modern.
There will also be improvements made to the outdoors area, including additional benches, lighting and the addition of a children’s play area.
The development permit still needs to finalized, and Colwood Council still needs to approve the final steps officially. It’s expected that Council will resume the discussion sometime in “February or March at the latest.”