Land formerly owned by a church in Killarney, which sold for $13 million in October 2017, could be used as the site for a new seniors’ complex.
SVP Investments and Development has with the City of 鶹ýӳto change the zoning on the land at 2499 East 48thAve. from one-family dwelling to comprehensive development to allow for a four-storey “class B” seniors’ care facility.
The land was previously part of a large property between Nanaimo and Clarendon streets and East 48thand Waverley Avenue where Corpus Christi Catholic Church and Corpus Christi elementary school sit.
A portion of the site — a grass field parallel to Clarendon Street, which formed 17 per cent of the overall Corpus Christi site —. It had most recently been assessed at almost $11.8 million.
It was sold to help fund the church’s redevelopment project to replace the school and build a new parish hall under the gym at an estimated cost of $17.3 million, and then seismically upgrade the church and rectory at an anticipated cost of $8.5 million.
Selling property is an increasingly common strategy churches use to help fund projects or secure their financial futures.
SVP Investments and Development’s proposed plan for the site — Sunrise of East 鶹ýӳAssisted Living Community — envisions a 100-unit facility with 44 underground parking spaces and 12 bicycle spaces.
Integra Architecture Inc. is involved in the project.
While the land is currently zoned single-family, the project is being reviewed under the Victoria-Fraserview/Killarney Community Vision, which allows staff to consider rezoning for affordable, social or seniors housing.
There are already higher density uses on land across the street — Clarendon Court, an assisted living complex, and Shannon Oaks, an independent living complex.
An open house about the rezoning application is scheduled for 5 to 7:30 p.m., Nov. 29, at Corpus Christi school at 6344 Nanaimo St.
SVP Investments and Development and the Roman Catholic Archdiocese of 鶹ýӳdid not respond to queries about their respective projects.
The Courier will update this story if more information becomes available.
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