UPDATE: This project was canceled in 2020 and the City has entered into an understanding (or so I was told) with BC Housing to construct something else, here.
Expected to be finished in 2020 or early 2021, this development will include seven buildings (181 suites) constructed in a close cluster along Third St, up on the hill between Howard Ave and Lambert Ave.
This location will be perfect for VIU students as it's just a 10 minute walk to the classroom, or about 12 minutes to Nanaimo's downtown.
There will be a gym for residents, as well as a public restaurant with a study area and evening entertainment space.
The current plan is for the strata bylaws to allow unit owners to rent their properties to tenants. Pets are also planned to be…