We are excited to announce that we have started the redevelopment of Colwood Lakes into an expanded Affordable Housing Project. This creates additional homes for median income earning lone-parent households, two-parent families with children and single person households (including adults with disabilities and seniors) who, despite being able to live independently, are still vulnerable in our current rental market of diminished vacancy rates and high shelter costs.
In order to make best use of the available space we are retiring 12 aged units near the end of their lifecycle and replace the tired structures with a four storey, 82-unit building comprised of bachelor, one, two, and three bedroom units. A relocation plan for current tenants is already underway to help them find a new home with the option of returning once the new building is complete.
Colwood Lakes backs onto the Galloping Goose bike trail and is located 1.3 kms from Colwood’s downtown core where there are grocery stores, banks and medical centers. Colwood Lakes is located 2 kms away from the community’s elementary and middleschools.
We are proud to share with you that we have started to rezone and redevelop Oak Park in Langford, BC and add a new four storey building comprised of bachelor, one two, three, and four bedroom units.
Ten families are currently being re-housed in order to secure stable and affordable homes for another 64 households. Pacifica’s relocation plan involves prioritizing displaced tenants into upcoming vacancies within Pacifica’s portfolio. Once the project is complete, displaced families and individuals will be given priority option to move back to Oak Park and into the new units.
The project features 64-units of affordable homes along major transportation routes connecting Sooke and the downtown core of the City of Victoria. Oak Park also backs onto the Galloping Goose bike trail and is located 1.2kms from Langford’s downtown core where there are grocery stores, banks, and medical centers. Oak Park is also located 1.9kms away from the community’s elementary and middle schools.