A development including a hotel, towers and about 700 homes is planned for the northern edge of downtown Nanaimo.
It’s among several major developments that have come before council in recent months, illustrating the appetite for investment in Nanaimo, where there is a strong demand for housing. Last month, council heard that 16 new projects in various stages of approval would bring nearly 690 new housing units to Nanaimo’s downtown.
The Millstone River proposal is bordered by the Millstone River to the northeast, Mill Street to the northwest, Comox Road to the south, and Terminal Avenue to the east. Two five-and-six-storey residential buildings would be built on the west side of the property near existing residential areas.
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