Capital City Centre has the edge in stimulating economic progress
It has been described as having elements of an “edge city” and is expected to revitalize Colwood’s downtown core. League Financial Partners’ $1-billion construction project in Colwood is expected to keep things buzzing for a while — about 15 years’ worth of buzz — and to transform a sleepy strip mall into a vibrant urban hub.
Small parts, big returns
Known as ‘the engineer’s machine shop,’ Vic West's Prototype Equipment Design is the linchpin connecting wild ideas to ground-breaking new products — with revenues of 2.5 million.
Waterfront properties ride a rising tide
In Sidney, Seaport West, a small-scale residential/commercial project, is the latest waterfront tenant, while in Sooke, Mariner’s Village, a larger blend of residential and commercial oceanfront development, carves a new face for the former fishing and logging community.
World leaders – and growing
Local firms Forest Technology Systems and Daniels Electronics supply governments near and far.
Art Projects
Longtime vacant lots are finally being filled, but exterior design, neighbourhood esthetics, and affordability are taking precedence for developers.
Rising sun
Victoria’s Terapeak is poised for growth thanks to a Japanese e-commerce alliance, while a slew of new tech ventures hit the market.
Systematic growth
With 11 mergers in the past seven years, Britec Computer Systems continues its expansion to Victoria, while Wannawafel tries its hand at the franchise game.
Nanaimo rising
Renewed economic optimism and surging interest in real estate from Lower Mainland and Albertan buyers are giving a boost to development in Nanaimo.
Bamberton and Uptown, revisited
New homes won’t be rising at Bamberton soon, but expect to see new industrial-commercial premises built at the former cement plant property south of Mill Bay.