Proposed Development Summary - Community Benefits

PROPOSED DEVELOPMENT SUMMARY

Community Benefits

• Significantly increases revenue to the Town of View Royal, offsetting future anticipated tax increases.
• Minimizes traffic impact on Helmcken with single access off Burnside Rd W.
• Provides new sidewalk and boulevards.
• Provides bus lay-by with passenger shelter, which eliminates the requirement for traffic to stop; while bus picks-up/drops-off passengers.
• Offers aesthetically pleasing, architecturally articulated design.
• Designed using high-quality materials with a focus on sustainability.
• Provides a focal point for the northern gateway to View Royal featuring a corner plaza complete with extensive landscaping, rain garden, pergola, seating and community bicycle repair station.
• Offers “eyes on the street” by way of townhouse front-doors located on street frontage.
• Provides seniors with accessible units allowing for aging in place within their community.
• Creates a completely “walkable” opportunity to services, shopping, three parks, YMCA, and Victoria General Hospital.
• Supports local business by significantly increasing customer base for the stores and services at Eagle Creek Village Shopping Center and local restaurants.
• Offers access to Trans Canada Hwy, a well-serviced transit hub, and a regional pedestrian/cycling commuter corridor (Galloping Goose Trail).
• Provides substantial addition to View Royal population and tax base without increased cost for services.

The Development

• Eagles Nest development proposal is consistent with the Official Community Plan (OCP)- no amendment or variances required.
• 1.5 FSR is below the maximum potential density of 1.6 FSR of the OCP and consistent with other recently approved multi-family applications in View Royal.
• Compared to most developments which offer 80% parking under the building (yet above the ground), this development offers 100% of parking underground.
• Development offers interior green space/court yard for seniors, families, children, and pets.
• Development offers 84 x 1-bed, 140 x 2-bed and family-friendly 22 x 3-bed units for a total of 246 ( no studios or bachelors) with 338 underground parking stalls and 252 bicycle spaces.
• Resident amenities support alternate transportation modes including $500 rebates on electric bikes, e-bike charging, EV charging, and car share services.