Element has achieved a tremendous milestone in receiving rezoning approval on the OASIS masterplan for a multi-phased intergenerational aging-in-place project, for a total buildable area of approximately 750,000sf, or 950 suites, along with complementary commercial uses. The next steps are technical processes to arrive at Fourth Reading (enactment of rezoning) and Development Permit approval.
Read MoreOn Monday, January 29, the OASIS project was presented at a Public Hearing. Public remarks showed embrace of Element’s intergenerational aging-in-place vision. https://www.langleytimes.com/news/new-20-storey-seniors-housing-tower-not-about-money-says-developer/
Read MoreOASIS successfully passed the First and Second Readings on January 15, 2018 and on January 29, it will be presented to Mayor and Council for rezoning approval and processing of concurrent DP application on the first phase. https://www.langleytimes.com/news/langley-townships-first-20-storey-tower-passes-first-and-second-reading/
Read MoreOPAL construction has proceeded to above-grade works, and the community is increasingly excited to watch the residence rise above grade. Conrete is being poured, structural framing is progressing steadily, and the feature staircase in the central building is taking form!
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Link to original article here: http://www.vicnews.com/business/homefinder-bayview-in-vic-west-adding-a-seniors-element/ Bayview in Vic West adding a senior’s element Vancouver’s Element Lifestyle Retirement buys into master-planned neighbourhood DON DESCOTEAU Wed Sep 13th, 2017 6:30am BUSINESSLOCAL BUSINESS Note: Correction to article is italicized below. Ten buildings are planned for the master-planned 20-acre Bayview Place property in Victoria West at full buildout….
Read MoreOriginal article here: http://www.westerninvestor.com/news/british-columbia/element-lifestyle-retirement-secures-major-langley-and-victoria-developments-1.22623857 $75-million seniors building deal for Bayview on Songhees ANDREW A. DUFFY / TIMES COLONIST SEPTEMBER 12, 2017 06:01 AM Bayview Place in Victoria, in the Songhees neighbourhood. Photograph By Bayview Place The next piece in the Bayview Place puzzle will soon be coming out of the ground with a deal to build…
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Original article at this link: http://www.westerninvestor.com/news/british-columbia/element-lifestyle-retirement-secures-major-langley-and-victoria-developments-1.22623857 *NOTE: The writer of this news article provided a listing of sales and leasing statistics for another Element project, OPAL by element, in the same paragraph as the new Bayview project, which site was only just acquired on August 29, 2017. (OPAL by element™ is Element’s flagship, located…
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On September 7, 2017, OASIS by element™ was presented to the community at a Public Information Meeting held at the Langley Events Centre. The event was very well attended, and feedback was overwhelmingly positive on all aspects of the development. The response is highly rewarding and encouraging, as our vision and model are proving…
Read More To download the original news release click on this link. August 17th, 2017, Vancouver, BC – Element Lifestyle Retirement Inc. (the “Company, Element or the Purchaser ) (TSX.V: ELM) is pleased to announce that it amended and has now removed conditions in the Offer to Purchase Agreement dated April 20th, 2017 to acquire a 1.96 acres…
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