LEAGUE Capital City Centre Update with Adam Gant

LEAGUE co-founder Adam Gant provides an update the progress of the Capital City Centre project.

About Capital City Centre:
Capital City Centre encompasses nearly 14 acres and has zoning approval for up to 3.8 million square feet of mixed-use space upon complete build out. Over the next 20 years Capital City Centre will be developed in multiple phases. When complete there will be concrete condominium towers, mid-rise residential buildings above retail stores, two-storey townhomes, multi-storey office buildings, and a public plaza that will include a wide array of shops, services, cafes and restaurants, as well as open outdoor space. Commercial anchors include London Drugs – one of the largest retailers of its kind in Western Canada – as well as Royal Bank of Canada, Coast Capital Savings Credit Union, a supermarket, liquor store, and the best collection of character retailers in the region.

Royal Roads University, just a short walk away, is a valued neighbour. Capital City Centre enjoys a close relationship with the educational institution, and will be an extension of campus life and a source of accommodation for both students and faculty.

Construction has begun at Capital City Centre and private sales have been steady. Office ownership and leasing opportunities are also available, and leasing has commenced.

Capital City Centre is currently well served by public transit, and is on the proposed route of the future rapid transit system that will connect the Westshore municipalities to downtown Victoria. Both the Victoria Regional Transit Commission and the BC Transit Board of Directors have approved the transit expansion. When complete, it will offer a safe, convenient, reliable, and “green” transportation alternative to visitors and residents of Capital City Centre.

For more information about this and other LEAGUE investment opportunities, please call a LEAGUE Member Services Manager, who will be happy to assist you.

IGW REIT: State of the Units & Property Report (Q4 2011)

State of the Units & Property Report (Q4 2011):
The next revaluation of IGW REIT units takes place on March 1. We will send out a notice as soon as that process is complete. Right now, the unit value for the Traditional Class IGW REIT stands at $1.050, up from $1.035 in December of 2010. Distributions on all Traditional Units are at 7.5 cents per unit per annum.

About IGW REIT:
LEAGUE’s IGW REIT is a Canadian real estate investment trust that aims to acquire, improve, refurbish, hold and operate mid-sized commercial, industrial and multi residential properties.

The IGW REIT has focused on the acquisition, improvement, refurbishment, holding and operating of well situated mid-sized urban and suburban commercial, industrial and multi-family residential properties across Canada. The portfolio is diversified by property type, tenant mix and geography. Properties are located primarily in our target markets of southern Ontario (including greater Toronto) and the metropolitan areas of greater Calgary, Edmonton, Vancouver, and Victoria.

Find out more about the IGW REIT.

Click here for more information about LEAGUE’s real estate investment opportunities.

 

Colwood City Centre LP: State of the Units & Property Report (Q4 2011)

This year got off to a momentous start with special events to commemorate the official groundbreaking for LEAGUE’s Colwood Capital City Centre project. This included a press conference on January 23 where we were joined by Carol Hamilton, the Mayor of Colwood, and Allan Cahoon, President of Royal Roads University.

Colwood City Centre LP: State of the Units & Property Report (Q4 2011):

  • Pre-sales of residential condominium suites have begun with an initial offering to Member Partners.
  • We now have signed leases with commercial occupants. Lease marketing activities continue.bout

About Colwood City Centre LP
Colwood City Centre LP enables investors to participate in the planning, design and construction of a new city-centre in one of Canada’s fastest growing communities, Greater Victoria’s, Colwood, BC. This multiphased, mixed-use residential and commercial project features an integrated urban neighbourhood with the benefits of a suburban setting. A 14-acre land assembly offers panoramic ocean views, easy access to public transportation, surrounded by Royal Roads University and its protected forest lands, the Royal Colwood Golf and Country Club and the Juan de Fuca Recreation Centre. Colwood City Centre could not be situated on a better site for a world class city centre project.

For more information, please see the Colwood City Centre investment summary.

Click here for more information about LEAGUE’s real estate investment opportunities.