Appendix: Proposed Development Summary - Community Benefits (Duplicate)

PROPOSED DEVELOPMENT SUMMARY

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.

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.