District Timeline

  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
2022

  • Acquisition of Turner Road property in Nanaimo, BC  

  • Acquisition of Bergen Road property in Nanaimo, BC

     

  • Acquisition of Pemberton Road property in Port Alberni, BC

  • Acquisition of commercial building in Port Alberni, BC

  • Development Permit is achieved for Phase 2 of Merewood Apartments

  • Phase 1 of Merewood Apartments in Parksville, BC completes and tenants move in

  • District Group celebrates 5 Year Anniversary

  • The Predator Ridge development in Vernon, BC achieves development permit and breaks ground

  • Rezoning is achieved for Phase 2 of Monarch in Colwood, BC

  • Oslo on Fifth Development in Sidney, BC is sold

  • The Show Suite and Rental Centre for Merewood Apartments in Parksville, BC launches



  • Shannon Lake Limited Partnership is formed

  • Phase 3 and 4 of Park Ridge at Anderson Hill in Port Alberni, BC are sold out.

  • Ladysmith Limited Partnership is formed in preparation for new development

2021

  • New land acquired in Nanaimo, BC, on Tanya drive 

  • Englishman River LP is formed to prepare for a proposed development in Parksville, BC.   

  • Phase 1 and 2 of Park Ridge at Anderson Hill in Port Alberni, BC are sold out

  • Anderson Hill in Port Alberni, BC sells a parcel of the master-planned community to the Vancouver Resource Society

  • Westbank Carrington LP obtains subdivision approval for the first 3.9 acre phase of development in Westbank First Nation

  • Westbank Carrington LP obtains rezoning approval to planned unit development for 23 acres of land in Westbank First Nation.

  • The third and final building at the Rex in Abbotsford, BC completes and welcomes its new residents.

  • Limited Partnership retains Taylor Valley Construction as
    construction contractor, commences construction on
    Parkridge at Anderson Hill Project

  • Phase 1 and 2 of Park Ridge at Anderson Hill in Port Alberni, BC breaks ground.

  • Limited Partnership awards construction contract to Windley
    Contracting for Monarch Project in Colwood, commences
    construction

    Limited Partnership completes $3.5M equity raise for North
    Grove Phase 2 Project in Nanaimo, commences development
    process

    Limited Partnership obtains subdivision and development
    permit approval from City of Port Alberni for Parkridge at
    Anderson Hill Project

    Cascadia Properties Trust is established, targets initial raise of
    $10M and development project investment

2020

  • Limited Partnership sells 3 acre, 150 unit rental apartment
    complex in Nanaimo, BC

    District successfully obtains zoning amendment, heritage
    alteration and development permit approval from City of
    Victoria for Parkway Project

    Limited Partnership acquires 4.5 acre multifamily site in Port
    Alberni at Anderson Hill and proposes 52 unit duplex and
    fourplex complex – Parkridge at Anderson Hill Project

  • Monarch Phase 1 in Colwood, BC, breaks ground and construction commenced.

  • North Grove rental apartment complex is fully leased

    Limited Partnership awards construction contract to Windley
    Contracting, commences construction on first 2 phases of
    Cascara Project consisting of a 2 building, 128 unit apartment
    complex in Parksville, BC

    A Limited Partnership is formed, targets raise of $2.5M and
    acquisition in West Kelowna market

    A Limited Partnership is formed, targets raise of $2.3M and
    acquisition in Vernon market

    Second building at The Rex is complete and nearing full lease
    up

  • Construction for Cascara Phase 1 in Parksville, BC, commences.

     

  • Limited Partnership secures senior lending facility for Cascara
    Project led by CCCU

    Limited Partnership receives development permit approval
    from City of Colwood for Monarch Project

    District successfully obtains development permit approval
    from City of Kelowna for Midtown Project

    A Limited Partnership is formed and targets acquisition in Port
    Alberni, BC

  • The last building at North Grove completes construction

    District enters into strategic partnership and acquires a 35 acre
    site in North Cowichan’s Bell McKinnon Corridor

    District and First Nation acquire the former MSA Hospital site
    in Abbotsford, BC, plan a multiphase project

  • First building at The Rex is completed and all 50 units are fully
    leased


  • Limited Partnership receives development permit approval
    from City of Parksville for Cascara Project

    District successfully obtains zoning, heritage alteration permit
    and development permit approval for the Scott Building
    redevelopment from City of Victoria

    District successfully obtains OCP and zoning amendment
    approval from City of Kelowna for Midtown Project

  • District and local First Nation form strategic partnership

  • District Developments enters into agreement with a REIT to
    expand Tradewinds Apartment Complex in Comox, BC

  • Limited Partnership enters into agreement with senior living
    organization for 2.5 acre site of Anderson Hill with plans for a
    110 unit residential senior living complex

#
2019

  • The first building at North Grove completes construction and
    lease up commences

  • District successfully obtains development permit approval for Roberts Manor expansion from Town of Sidney

  • SpaceGain Self-Storage complex renovation completes, opens for business

  • Limited Partnership sells 3.75 acre site at Anderson Hill to real
    estate development company

    Limited Partnership receives zoning and OCP amendment
    approval from City of Parksville for Cascara Project

  • Limited Partnership acquires 1.8 acre site in Colwood, BC –
    Monarch Project

    Summit Brooke Construction commences construction on
    The Rex Project

  • District acquires Roberts Manor apartment complex in Sidney,
    BC with financial partners

    Limited Partnership acquires 3.2 acre and 11 acre sites in South
    Surrey – Grandview West Project

  • District acquires Wellburns Building in Victoria in partnership
    with financial partners – Parkway Project

    A Limited Partnership is formed, closes $3M equity raise and
    targets an acquisition in Colwood

    District and investment firm partner establish Limited
    Partnership and close $20M equity raise targeting an
    acquisition in South Surrey

#
2018

  • District and investment firm partner establish a fund, raise
    $25M and acquire
    District and investment firm’s interests in
    the Scott Building in Victoria, Midtown Project in Kelowna and
    The Rex Project in Abbotsford

  • District acquires Scott Building in Victoria in partnership with investment firm



  • The construction contract for the Anderson Hill Project is
    awarded to Bowerman Excavating, breaks ground on 15 lot
    subdivision

    Construction contract is awarded to Windley Contracting for
    the North Grove Project, commences construction

  • A Limited Partnership is formed, closes $5M equity raise and
    acquires 5 acre site in Parksville, BC – Cascara Project

    District and financial partners sell 50% joint venture interest in
    The Rex Project in Abbotsford to a wealth management firm

    District and investment firm partner acquire 4 acre site in
    Kelowna, BC – Midtown Project

  • District Tebo Industrial Corp. acquires 6,000 s.f. warehouse in
    Port Alberni, BC for future SpaceGain Self-Storage business

    Limited Partnership secures senior lending facility for North Grove Project led by CCCU

  • Limited Partnership acquires 23 acre site in Port Alberni, BC
    and receives OCP & zoning approval from the City of Port
    Alberni for Anderson Hill Project

  • District receives development permit approval
    from the City of Nanaimo for North Grove Project –
    a 3 building, 151 unit rental apartment complex

#
2017

  • A Limited Partnership is formed, closes $1.2M equity raise and
    targets an acquisition in Port Alberni

  • District acquires site in Abbotsford in partnership with financial
    partners – The Rex Project

  • A Limited Partnership is formed, closes $4.5M equity raise
    and completes acquisition of 6 acre site in Nanaimo, BC –
    North Grove Project

  • District Group launches

#

 

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