Ten buildings are projected for the master-planned 20-acre Bayview Place property in Victoria West at full buildout.
One of those will be a seniors-oriented building, following the recent sale of 1.96 acres of the land to Vancouver-based developer Element Lifestyle Retirement. The company plans to build a $75-million five-storey complex on the Kimta Street edge of the Bayview site with an aging-in-place theme. The initial design calls for 155 units, split between condominiums (50), rental units (70) and licensed care spaces (35).
B次元官网网址淲eB次元官网网址檙e very happy, very pleased with the selection of Element as the developer,B次元官网网址� said Paul Corns, communications manager for Bayview Properties. B次元官网网址淭he designs that they have and the buildings theyB次元官网网址檝e built are of very high quality.B次元官网网址�
Element has constructed high-end retirement properties on the mainland, including OPAL in Vancouver and OASIS in Langley.
The creation of an element at Bayview to allow seniors to age in place has been a part of the overall concept for the property from the beginning, noted Corns.
B次元官网网址淚t was always the case when we went for our zoning. We looked at a couple of different options, including developing age-in-place opportunities for seniors to come here and have a quality of life that will allow them to stay connected to the community,B次元官网网址� he said.
B次元官网网址淚tB次元官网网址檚 a highly complimentary feature of the site to all the buildings that exist and itB次元官网网址檚 going to add great value to the community.B次元官网网址�
The site already includes two condo towers, icluding Bayview One, built by Ken and Patricia MariashB次元官网网址檚 Focus Equities. Bosa Properties built Promontory and is well into construction on a third tower, Encore, which is already sold out. A fourth building is in the design phase in advance of seeking a development permit, Corns said.
Element bills the new development as providing a continuum of lifestyles from active, independent living to assisted and complex care. The projectB次元官网网址檚 completion is slated for late 2020.
B次元官网网址淲eB次元官网网址檙e rethinking societal conventions of providing support and care in residences that single out an entire demographic by their age and need,B次元官网网址� said Candy Ho, Element director and vice-president. B次元官网网址淓lementB次元官网网址檚 mission is to break through stigma and ageism, and create communities where people across all generations can thrive, together, as they grow and age in place.B次元官网网址�
As well as residential buildings, the Bayview site plan calls for the creation of cultural, performance and retail amenities. The goal is to utilize the roundhouse buildings for some of these elements, such as a farmerB次元官网网址檚 market.
At full buildout the property will include 1.5 million square feet of residential development, which would make it the largest master-planned development area in the city.
For more information about ElementB次元官网网址檚 plans, visit .
