Gibsons Development - Blue Heron Village

[Skook]

August 24, 2014 Update:

A couple days after my June 21st post above, I picked up a copy of The Local’s June 19th newspaper - it’s a weekly just like the Coast Reporter. Well, this is the ad that appeared on The Local’s back page. Believe me, when I uploaded that last post only one unit was sold: #206 because I had checked that very morning.

Those additional sold units did not show up in MLS until 1 and 2 weeks after that Local ad and I was checking almost every day. So, here is the updated Blue Heron Village Phase 2 spreadsheet.

This morning I checked and Units 202, 203, and 204 are still listed for sale and all the commercial units are listed on ICX.ca as available for lease - I have done my due diligence. I figure as soon as I post this update another unit or two will sell which should make the developer one happy camper.

I am hoping the sold units were bought by those intending to both live and work in them and not by investors who could rent out the living quarters and the work space separately. As I mentioned before, I like the concept but only if the living and work space are a united package which doesn’t seem to be the case here according to the agent write-up. I hope I have just misunderstood because I believe live/work units should be part of a community’s zoning mix. Blue Heron Village will be a project to follow and if successful it will set an example.

The only concern is the commercial units at ground level. There’s an awful lot of commercial space available for lease and sale in both Gibsons and Sechelt. I’m wondering how long it will take to be absorbed or if it ever will be.