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Old Posted Aug 27, 2018, 3:09 AM
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Proposed 24-storey Nanaimo tower wins praise from council
Carla Wilson / Times Colonist AUGUST 16, 2018

A 24-storey downtown condo tower is heading to public hearing in Nanaimo as its developer also rolls out plans for a four-storey condo project near Vancouver Island University.

Wertman Development Corp. of Vancouver won praise around Nanaimo’s council table for its proposal which would be located in an area designated for high-rise development.

Council voted to send the plan to public hearing Sept. 6, 7 p.m., in the Shaw Auditorium in the Vancouver Island Conference Centre.

Coun. Diane Brennan welcomed the project. “It is an area of town that has been waiting for this kind of development.”

Nanaimo has a goal of increasing the number of people making downtown their home and helping to boost vitality in the city’s core.

Coun. Jim Thorpe is also a fan. “I really like this proposal. It is going to be real benefit to our downtown. I have no problem with the high-rise.”

The Marcielo tower would stand 78.5 metres. It would not be the tallest downtown building in Nanaimo. The Beacon, built more than 20 years ago, is 27 storeys and 84 metres tall. The Pacifica, with 445 residential units, has18 storeys and is 63 metres high.

Wertman is offering to contribute $38,000 in public art at the site. It would also give $72,200 to the city’s housing legacy reserve fund and $72,200 to improve Maffeo Sutton Park.

Coun. Jerry Hong said he would rather see the public art contribution go into the housing fund because of the shortage of affordable housing in Nanaimo.

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https://www.timescolonist.com/real-e...cil-1.23403725
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