Don

Nanaimo builder buys Alberni subdivision

Saywell Developments has purchased a subdivision on Tomswood Road, behind AW Neill Middle School, to build small starter homes.

Nanaimo developer Don Saywell has purchased a subdivision on Tomswood Road behind AW Neill and plans to build smaller single detached homes on the lots.

The subdivision was created two years ago but stalled. Roads and utilities were put in, and there are two homes built.

Port Alberni realtor Dave Koszegi said restrictive covenants have been changed on the site to permit smaller houses on existing lots.

The housing trend in Port Alberni leans toward smaller single detached homes over townhomes, Koszegi said.

The Tomswood Road lots will be able to accommodate RV or boat parking in addition to the houses, he added.

New home sales are currently priced above the average selling price, which ranges from $194,000 to $204,000 in Port Alberni. Saywell’s home will be priced around the average sale price.

The project will be built in phases, with four to six homes in the first phase, Koszegi said.

Saywell hopes to break ground on the new development in the next couple of months.

Saywell won a 2010 commercial building award from the Vancouver Island Real Estate Board for The Luxfords at Lexington, a townhome complex.

The most recent project Saywell completed was the visitor’s centre on the Nanaimo Parkway at Northfield Road.

Saywell is no stranger to Port Alberni, however, as he owns a vacation home at Sproat Lake and has spent nearly every weekend here for the past 22 years.

This will be his first building venture on this side of the Hump.

“Port Alberni is an underserved market for new homes,” says Saywell, whose company has worked on projects from Campbell River to Victoria.

Saywell, who works alongside his wife Cheryl, said he has already made some alliances with local contractors and is sourcing local suppliers for pending construction.

editor@albernivalleynews.com

Just Posted

Tsunami warning issued for coastal British Columbia

Warning issued following 8.0 earthquake off Kodiak, AK

Tsunami warning issued for Coastal B.C.

It is recommended that individuals residing below 20 metres should move to higher ground.

Stakeholders tackle poverty in Port Alberni

Residents invited to share ideas for solution at Tuesday (Jan. 23) meeting

Break and enters on the rise in Port Alberni

Thieves targeting garages, sheds and storage trailers

Stolen property recovered at Dry Creek Park

Port Alberni RCMP are looking for owners of the recovered items

Testing the Google Arts & Culture app

Going face to face with art

VIDEO: Fuel truck and train collide in B.C. causing massive fire

More emergency crews are still arriving on scene of a massive fire at the Port Coquitlam rail yard.

Back to work: U.S. government shutdown ends after Democrats relent

Short-term spending measure means both sides could see another shutdown stalemate in three weeks

Man lives despite malfunctioning defibrillator at B.C. arena

A middle-aged man went into cardiac arrest after at game at Pitt Meadows Arena last Wednesday.

Cause of Northern B.C. seaplane crash released

TSB releases report on seaplane crash during a water landing in 2016 near First Nations community

Vancouver police crack down on pop-up pot vendors

Officers raided merchants’ tables on Robson Square late Sunday

Bell Media, NFL take appeal over Super Bowl ad rules to top court

At issue is a ban on substituting American ads with Canadian ones during the game’s broadcast

Crown seeks 4.5 years jail for B.C. woman convicted of counselling tax evasion

Debbie Anderson the latest from group to face jail for teaching debunked ‘natural person’ theory

Cyclist hits semi and walks away in Port Alberni

Police give bike rider ticket for carelessness

Most Read