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Medium Density Development Site Bowen Island, BC

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Medium Density Development Site Bowen Island, BC Bowen Island Community School Deep Bay Artisan Square Snug Cove Retail & Services Ferry Terminal Village Square MEDIUM DENSITY DEVELOPMENT SITE BOWEN ISLAND, BC Partnership. Performance. FOR SALE Medium Density Mixed-Use Development Site on Bowen Island Within Walking Distance to Snug Cove and the Ferry Terminal Rob Greer*, Principal Michael Emmott, Senior Associate 604.647.5084 604.647.1335 [email protected] [email protected] * Robert Greer Personal Real Estate Corporation Amanda Payne, Senior Associate 604.646.8389 [email protected] BOWEN ISLAND “AREA 1” DEVELOPMENT SITE BOWEN ISLAND, BC Property Summary Opportunity Legal Description Avison Young is pleased to present the opportunity to acquire a prime LOT 1 DISTRICT LOT 490 GROUP 1 NEW medium density mixed-use development site on Bowen Island – one WESTMINSTER DISTRICT PLAN EPP68283PID of Vancouver’s premier locations for secondary residences and vacation properties. The subject site has a gross site area of 32,181 sf and a potential PID gross buildable area of 26,909 sf (as per the CD19- Area 1 zoning). 030-090-318 Site Size Location 32,181 sf The subject property consists of a 32,181 sf plot of land, ideally situated just a short walk from Snug Cove, Bowen Island’s ferry terminal and marina, Zoning with ferries linking Bowen Island to the mainland (20 minute journey). The Comprehensive Development Zone 19 (CD subject property neighbours the Bowen Island Community School and is 19 – Area 1) adjacent to “Village Square” (24,000 sf retail centre), providing convenient access to retail and services for residents of this property. Gross Buildable Area Residential Density 23,680 sf Commercial Density 3,229 sf Total Density 26,909 sf Financing BOWEN ISLAND Clear Title TRUNK ROAD Asking Price SENIORS ROAD Contact Listing Agents SUBJECT PROPERTY Subject Property SNUG COVE RETAIL DEEP BAY FERRY TERMINAL Views Across Howe Sound Snug Cove Marina Development Potential The land is zoned Comprehensive Development Zone 19 (CD 19 – Area 1). This zoning designation permits the development of apartments and supportive housing, with accessory retail, restaurant, general service, office and medical clinic uses. In accordance with the Land Use Bylaw, this Property would support the development of 2,200 square meters (23,680 sf) of apartment dwelling and a minimum of 300 square meters (3,229 sf) of commercial use. Investment Highlights ✓ There is a limited supply of residential condominiums on this popular island – strong demand is anticipated for the residential condominiums ✓ Limited supply of commercial space available on Bowen Island to service the needs of the permanent and transient population, therefore we anticipate strong demand for the commercial component of the potential development ✓ Bowen Island is located 20 minutes away via BC Ferries from Horseshoe Bay, making it one of the closest and most accessible island destinations in the Georgia Strait ✓ This property’s proximity to the Ferry Terminal and marina make commuting to the mainland easy ✓ Idyllic forest surroundings 20 Subject Property Minutes Horseshoe Bay Ferry Terminal BOWEN ISLAND WEST VANCOUVER STANLEY PARK ENGLISH BAY Downtown Vancouver 30 min drive from Horseshoe Bay KITSILANO Partnership. Performance. Avison Young #2900-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada avisonyoung.com Rob Greer*, Principal Michael Emmott, Senior Associate 604.647.5084 604.647.1335 [email protected] [email protected] © 2017 Avison Young. All rights reserved. * Robert Greer Personal Real Estate Corporation E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be Amanda Payne, Senior Associate correct, is not guaranteed by Avison Young Commercial Real 604.646.8389 Estate (B.C.) Inc.; DBA, Avison Young. [email protected].
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