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Esquimalt developer hopes to see bigger, bolder projects amid housing crisis – Alberni Valley News

April 15, 2024

A provincial representative for land and property developers says he hopes to see experienced developers with good track records propose bolder housing projects amid uncertainty in the real estate market.

On Monday, April 8, the Township of Esquimalt voted to approve a building permit for an amenity-packed, 26-storey residential building – double the height of the current tallest building in the municipality.

“We have to be ambitious in today’s environment. I mean we cannot look back at the way that we’ve approved and undertaken housing over the last several decades, and expect that can be the approach that we take going forward,” said Jordan Milne, president of GMC Projects, the developer who proposed the building.

On top of the Esquimalt property, permits were approved for a 97-unit GMC development in Sidney, which Sidney Mayor Cliff McNeil-Smith said was “much-needed multi-unit and townhouse residences.”

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