The site is anchored by a 2017-approved Master Development Agreement (MDA) that envisions a vibrant, multi-phase community with over 2,800 residential units, a 188-berth marina, hotel and spa, golf course, commercial and institutional uses, and over 160 acres of green space. CDA-3, a waterfront parcel, is designated as the mixed-use core and marina hub, while CDA-1 spans hillside and waterfront segments with zoning for residential, institutional, and resort accommodations. CDA-4 and CDA-5 offer additional residential and institutional development potential, with proximity to the marina and core amenities.
The property benefits from partial servicing and is poised to connect to the Comox Valley Sewer Extension South Project, which received $30 million in provincial funding and is scheduled for completion by 2028. Additionally, parcels CDA-1 and CDA-4 may qualify for BC’s Private Managed Forest Land designation, offering tax incentives and timber revenue opportunities.
Casey Pollard, PREC
CBRE
