Royal Beach to build 2850 homes in Colwood In Around Town
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Two Vancouver-based development companies are proceeding with their 15-year masterplan for developing the Royal Beach area of Colwood, and signed a landmark development deal with the City of Colwood in 2021. This property is the last significant piece of waterfront land in the City of Colwood.
The 135-acre waterfront site is southwest of Victoria and will be home to approximately 2,850 homes/units, retail space, and commercial space, according to developers Seacliff Properties and Reliance Properties. Plans include restaurants, shops, amenities and a variety of recreational opportunities.
The $1.2-billion masterplan also includes 47 acres of green space, some of which will be public parks with ocean views. A major component of the property will be a comprehensive and interconnected trail network. Work is set to begin this spring with the first Phase complete by 2024.
For more information, visit royalbeach.ca.
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