Would be Prince Rupert property developer shifts gaze towards Terrace for now

A surge of housing starts in Terrace may soon be on the way, as
a Vancouver Realty development company makes plans for
the Skeena Valley city
(photo from Swiss Real Group website)

A Vancouver based property development group which had once proposed a somewhat controversial condo development overlooking Prince Rupert harbour has advanced its plans for a major housing development in the Terrace area.

Swiss Real has indicated that it is now making plans to move forward on some expansive housing plans to be built on the Bench area of Terrace, the first of a second wave of the housing units to be a townhouse development in the area of McConnell, the 35 unit townhome project is outlined on the company's website.

Back in 2015, SwissReal received approval from Prince Rupert City Council to move forward with a residential and commercial development on Stiles Place, a development which would have made for a significant change to the skyline of the city's waterfront area in the downtown core.

The Stiles Place condo offered up the visual of change to the
skyline for Prince Rupert's downtown core
(photo from Swiss Real Group website)

The project which is still listed on the SwissReal Group website generated a fair bit of controversy among City Council members at the time, with a clear split in how each member wanted to see housing developed in the downtown area.

December  2015 -- Despite some opposition during Public Hearing process, Council approves zoning change for Stiles Place Development
July 2015 -- Councillor Thorkelson outlines concerns related to Downtown condo proposal
June 2015 -- Proposed condo development offers dramatic shift to downtown housing options


The Stiles Place project was one of a number of housing projects that made for a flurry of approvals in recent years, none of which has yet to break ground.

There have been no updates on the status of the high profile development in recent years.

For more notes on housing in Prince Rupert see our archive page here.

Cross posted from the North Coast Review.