On the Street: Knappett nets $8-million deal
DARRON KLOSTER / TIMES COLONIST - AUGUST 31, 2017 06:00 AM
Knappett Industries Ltd. has been awarded an $8-million civil construction contract for the Foothills residential development in Lantzville. Construction work is to start in early September and be completed in summer 2018, said developer Lone Tree Properties Ltd. Knappett is based in Nanaimo and Fort St. John. The first stage will see 3.5 kilometres of road construction. A 1.14-million-litre concrete reservoir will be built and other work includes sewer connections, utility underground services and water lines. Nanaimo’s Herold Engineering is the lead engineer on the project.
Foothills is a 1,838-acre planned community that is designed to eventually see construction of 730 homes with a mixed-use village and a 900-acre park.
"Cathy and Bryan Orr of Nanaimo had looked far afield for their retirement home, and considered moving to the B.C. mainland, down to Victoria or even adopting a life in the sunshine in Florida or Mexico."
“From a master plan perspective, we’re looking at the Foothills as being ‘an outdoor enthusiast’s paradise,’” says Ben Hurlbutt, director of marketing and sales at the Foothills. “It’s not for any one age group or one person type — we’re here for people who love the outdoors, want to live in a community with 900 acres of parkland at their doorstep and enjoy that kind of lifestyle.”
Nanaimo Bulletin - Lantzville Foothills housing development selling quickly
“We’re going to work on taking our time and catering to people that are really committed to living in the community,” he said. “Some of the speculation that you find in Vancouver, you could turn that on [in Lantzville] pretty quickly and get a result, but it wouldn’t be a meaningful community result.”