IWCD Begins The First Of Four New Projects At Bear MountainPosted on November 1, 2016
Ecoasis Relaunches Bear Mountain And Moves Forward With Housing Continuing To Add Facilities And Amenities
Langford – For the past three years, after purchasing Bear Mountain in Langford, Ecoasis Developments has been working on a plan for moving forward with the development. It’s built a framework for success through infrastructure zoning, satisfying legacy issues and most importantly finding out what residents and potential residents are looking for in resort living.
This fall, four projects are slated for completion over the next two years and they promise to bring not only a variety of sizes and styles but also a broad range of price points.
“The Bear Mountain facility is a fantastic project offering resort living to a wide demographic,” said David Clarke, chief financial officer, Ecoasis. “Our focus is on providing something for everyone, from million-dollar single family homes to micro-unit condos and townhomes, all with access to amenities like world class golfing, mountain biking, hiking and tennis.”
Island West Coast Development (IWCD), a Nanaimo-based company will begin the first phase at the end of September.
“We are excited to be involved with this piece of the Bear Mountain development,” said Greg Constable, president of IWCD.
Providing design-build, general contracting and construction management services for commercial, multi-residential, industrial, infrastructure and institutional projects over the past 30 years, IWCD has served the mid-island region and has been expanding its reach across the Island for the last few years. A member of the Can- ada Green Building Council, it endeavours to use the latest in Green design and construction practices.
Constable explained that the initial Bear Mountain project will begin with 15 residential units in the Mews Mountain Homes. Starting in the high $600,000’s the three storied homes will feature double garages, 300-400 sq. ft. of deck space and the availability of four electric vehicles in the strata pool.
Next door, a gated project of eighteen 2500 sq. ft. duplex units has been designed around people who want to lock up and leave.
The starting purchase price of $1 million includes, not only high-end finishings and fittings, but also an electric vehicle with each unit and will be available through Ecoasis’ preferred builders.
“We are seeing people selling their home on the Lower Mainland, purchasing a brand new home on Bear Mountain and then still being able to put a tidy sum in the bank at the end of the day,” said Clarke. “There is a price differentiation right now that won’t always be there. People are taking advantage of it and finding incredible value.”
Currently a design is underway for the six level unfinished bunker, which has been sitting on the property since the previous owners went bankrupt. It will be converted into a 14-storey condominium unit with approximately 200 affordable units, 40 per cent of which will be trendy 325 sq. ft. micro-units starting at $150,000.
Tied to the region’s long-term plan of being a sports hub, Ecoasis will also see IWCD build the only red clay tennis center in Western Canada. Eight open air courts slated to open in spring 20017, and two tennis bubbles later in the year will allow for year-round play.
“Ecoasis is very forward think- ing in their design and implementation of Green Standards,” said Constable. “We have a similar philosophy plus the experience in sustainable development.”
Story: Beth Hendry-Lim