New Development for 930 Terminal Avenue

Posted by Gerry Thomasen on Saturday, February 1st, 2020 at 2:41pm.

Recognize this vacant lot? It's on that nutty stretch of highway between Townsite and Terminal Park.

Approximate Location of condo at 930 Terminal Ave, Nanaimo

I've been wondering what would be done with it, because it's fronted by a narrow four-lane highway and it has a creek in the back - so what is its highest and best use? A commercial building with live/work spaces?

Turns out there is going to be a condo building with 29 one/two bedroom units, plus 3 live/work townhomes and a cafe on the ground floor. This makes sense because they can tuck their parking underneath/behind, and there will be ocean views from some of the units, and great mountain/city views from others.

Concept rendering of west side of 930 Terminal Ave

The application was submitted in early 2019 and has now been approved by city council (DP001133). According to an article in the Times Colonist, council had to balance considerations of traffic congestion against the value of additional residential units in this VERY walkable location. I think it'll be great!

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