Development proposal includes land to connect Sherwood, West Royalty.
A major housing development is being proposed for a parcel of land behind the Charlottetown Mall.
Developer Tim Banks told CBC News his company, Pan American Properties, plans to build 300 units over the next decade on about six hectares off of Towers Road.
"We're talking about 300 units over the next 10 years, somewhere in that order," said Banks.
"We're here for the long term and we're here to co-operate with the city and make sure that what we're putting forward is good for the entire neighbourhood."
If the city approves the plan, work on the first 80 units at what Banks is calling Sherwood Crossing could begin this year. Those would be duplexes on the Mount Edward Road side of the property. That would be followed by apartments, including underground parking and affordable housing, on the mall side of the property.
Source:
https://www.cbc.ca/news/canada/prince-edward-island/pei-sherwood-crossing-housing-1.5473456
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