Nanaimo’s revitalization and development carries on with the announcement of the issue of a development permit for Riverstone Place, a proposed six-storey, 90-unit condominium undertaking located on Barsby Avenue.
Once completed, Riverstone Place will feature nine unit types ranging from 570 to 900 square feet, a gazebo, underground parking and a recreation area.
It bodes well for an area that is witnessing a massive airport expansion that was announced earlier this year. The $55-million project to expand Nanaimo’s Air Terminal Building will also pump businesses, job creation and investment into one of Canada’s fastest growing airports. The expansion will add 14,000 square feet and increase the terminal building’s size by nearly 60 per cent. The departure lounge will be increased as well, doubling the current number of seats. More than 390,000 people are expected to pass through the airport in 2018 alone. –Staff