The District posted the RFP last month noting of their hopes to partner with a developer towards development of the site.
The District of Port Edward invites experienced developers to submit proposals for a 7.25 acre ocean view residential development on Alder Avenue, in Port Edward, British Columbia.Both the size and location of this property offer a unique opportunity to provide quality homes in a high demand housing market, driven strongly by exponential growth at the Port of Prince Rupert.
The District acquired this property with the goal to facilitate development. Over the past two decades the District has made significant investments into a state of the art Water Treatment Plant as well as a sewage treatment facility so that Port Edward can continue to live up to its brand of being “clean, neat and green.”
The District intends to partner with a developer to develop a high quality residential subdivision that fits into the beautiful natural, seaside landscape of Port Edward.
The RFP is inviting submission of non-binding proposals for the purchase of this property, design of a residential development and construction of single and multi-family homes.
The successful respondent will be invited to proceed with negotiations for the first phase of the Alder Avenue development.
The prospectus for would be developers notes of the District's 2020 Housing Needs study, Strategic Plan objectives and incentives available for the successful applicant.
The District acquired this property with the goal to facilitate development. Over the past two decades the District has made significant investments into a state of the art Water Treatment Plant as well as a sewage treatment facility so that Port Edward can continue to live up to its brand of being “clean, neat and green.”
Road reconstruction continues to be a top priority with 6.6 million dollars in roads projects completed between 2021 and 2024 to rebuild high traffic areas, upgrade utility lines and incorporate sidewalks as a safety and quality enhancement.
Moving forwards, in addition to more road projects, efforts are being made in revitalizing our core commercial area with a new Neighborhood Concept Plan, leveraging municipal lands around our general store to create a small town downtown that moves us closer to achieving the vision of being a complete, rural community.
To promote densification and address affordability concerns, the District of Port Edward can bring a $10,000 housing incentive per unit to the table from the existing Northern Development Initiative Trust housing incentive program for multiplex units (4 units minimum) if the development meets the program criteria.
Across the street from the 7.25 acre property, the District has maintained significant greenspace for public use including a playground and park and a bus stop is located there as well.
Respondents are encouraged to review the District’s Development Servicing Bylaw available online on the District of Port Edward website for further details on the works and services required for development.
The timeline for development brings a May 3rd deadline for applications, with the execution of the Sales Agreement to be reached by August 7th.
The full RFP call can be reviewed here.
The District had previously put the property up for development two years ago but nothing came forward out plans for development at the time
More notes on the history of the Alder area land can be explored through our archive page.
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