Capital City Centre sales centre opens

The centre, which is now open to the public, features a model suite from the first tower, including a balcony and its projected view.

  • Aug. 22, 2012 12:00 p.m.

Capital City Centre is taking the next step forward with the opening of its sales centre at the intersection of Sooke Road and Goldstream Avenue.

The centre, which is now open to the public, features a model suite from the first tower, including a balcony and its projected view.

Throughout September, buyers will have their first opportunity to select suites.

“So you can actually get a feel for what the condos are like, including the view itself,” League Financial Partners CEO Adam Gant. “It’s the launch of the main part of the first wave of residential units to be offered on the site.”

Capital City Centre is a $1 billion project that, once complete, will be a 13.89 acre community – the largest new development underway on Vancouver Island.

League has also announced its new equity mortgage, intended to assist first-time buyers by offering their own financing to reduce mortgage payments.

Much of the shoring is complete and the focus is now on removing dirt and readying the site for building. Foundations are predicted to begin going up early 2013.

Spring 2014 is still the target date for the first commercial businesses to move in.

The first residential high-rise is slated to open December 2014.

The former CrossRoads Bar and Grill building is still up for sale. Gant said a new party (though he wouldn’t disclose who) has come forward with an interest in buying the building.

Royal Road University, which showed initial interest, is still in the mix, said Gant, adding whoever can close a deal first will get the building.

kwells@goldstreamgazette.com