Monday, April 4, 2016

New housing complex nears completion and seeks tenants

One of the few new housing developments to reach the finish line in the city in recent years is almost complete, with work on the final stages for the Mountain View Estates project on India Avenue almost at an end.

The project which featured the renovation of the old Bethel Baptist Church into executive suite residences was approved by City Council back in May of 2015 and from that point work quickly began on the transformation from House of Worship, to a potential House of Executives.

Management for the renovated building is currently marketing the living options through a facebook page, highlighting some of the features that will be available to those that choose to take up residence.

The project will consist of 14 units featuring either 1 or 2 bedrooms, as well as access to a boardroom, business centre, exercise room and off street parking.

The online prospectus makes notes of such amenities as gourmet kitchens, high end appliances, Big Screen TV's, wi-fi, and cable available in each unit, with all utilities inclusive in the rent as well as the provision of a weekly cleaning service.

The Management of Mountain View Estates also advise that there are very few options in the area that offer up the quality and convenience that the suites offer and suggest quick action from prospective residents, with the units to be rented to corporate tenants on a monthly or annual lease basis,

Considering its marketing approach, the new housing however, won't do much to alleviate the current concerns over affordable housing options in the community. During the zoning application process for the project of last year, it was observed that the anticipated rental models would see the range of rent at somewhere between 1,800 and 2,500 dollars per month.

The new housing option appears to remain focused on the prospect of economic growth for the region, through LNG development and other industrial activity in the region. Something which at the moment remains more of the prospective phase than the actual developmental process.

You can review more about the new development here.

Some background on the path from zoning approval to near opening can be found below:

May 7, 2015 -- India Avenue Housing proposal gets Council approval, but not without controversy
May 4, 2015 -- Council's housing moves thus far trending to the upper end of the pricing spectrum
April 27, 2015 -- Public Hearing and further consideration of India A venue Housing proposal by Council this evening
April 16, 2015 -- India Avenue housing proposal moves forward to Public Hearing stage
April 13, 2015 -- Council to receive presentation on Mountain View Executive Suites project
March 4, 2015 -- India Avenue housing proponent hosts Open House tonight for area residents
February 12, 2015 -- East side housing proposal faces a number of questions at City Council

For more items related to Housing in the Northwest see our archive page here.

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