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Local developer funds re-construction of Oak Bay intersection

Abstract also announces 50-seat restaurant as anchor business for Bowker development

Victoria developer Abstract Developments announced Tuesday (Oct.2) that it will contribute all funds necessary to complete the re-construction of the Cadboro Bay Road and Bowker Avenue intersection, adjacent to its mixed-use Bowker development site.

During rezoning for the 43-unit Bowker development in Oak Bay, Abstract Developments earmarked for upgrades to the corner of Bowker and Cadboro Bay.

B次元官网网址淲e were already committed to doing an extensive off-site program on our Bowker frontage which is about $275,000 worth of improvements but the other component is that we are seeing through the increased cost of the intersection, which right now, Oak Bay estimates at $180,000. We are nearly doubling our contribution to see this intersection completed,B次元官网网址 said Mike Miller, CEO, Abstract Developments.

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Also revealed Tuesday, a 50-seat restaurant called Sedona Caf茅 and Lounge, owned and operated by Yvonne Janzen, will be going into the ground floor commercial space in the new Bowker development.

B次元官网网址淚B次元官网网址檓 really pleased to have this long-term commitment with Yvonne B次元官网网址 to be part of this community, to bring vibrancy, to have patronage. Now that we have this anchor we are going to try to fill the remaining spaces with like-minded businesses to help support the community,B次元官网网址 said Miller.

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The target completion date for both the development and intersection is mid-2020.


 
keri.coles@oakbaynews.com

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Victoria developer Abstract Developments announced that it will pay for the entire cost to re-construct the intersection at Cadboro Bay Road and Bowker Avenue, adjacent to its mixed-use Bowker development site. (Keri Coles/B次元官网网址 Staff)
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Mike Miller, CEO of Abstract Developments and Oak Bay Mayor Nils Jensen reveal the plans for the intersection at Cadboro Bay Road and Bowker Avenue in Oak Bay. (Keri Coles/B次元官网网址 Staff)




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