Outlook Village is a new mixed-use project by Elevate Development, situated on the northwest corner of Lougheed Highway and Wren Street in the central region of Mission, BC. Outlook Village is strategically located West of the Cedar Valley Connector with frontage directly onto Lougheed Highway. The development’s positioning will stand to benefit from exceptional exposure leveraged through high volume pedestrian and vehicular traffic.
Outlook Village is an integral component towards Mission’s forecasted urban growth. The District’s population is projected to increase at a rate of 7.2% over the next four years, reaching a total population of 43,919 by 2023. The nearby Mission Silverdale Comprehensive Planning Area (SCPA) is a 3,440 acre area designated for future urban growth. The SCPA sets the stage for propelled growth in the immediate area of Mission. A Master Infrastructure Strategy (MIS) was introduced in July of 2018 in order to further progress the planning process. The MIS is currently in phase four of five with an anticipated approved plan date of July, 2019.
The commercial component of the development is easily accessible through multiple signalized intersections including a new all directional, signalized intersection at Oliver Street – the main entry point at Outlook Village.
Upon completion, the development will be comprised of nine buildings, including six commercial and pad buildings, one three-storey office building, and two mixed-use residential buildings with ground floor retail. There will be a total 130 residential units, over 98,000 square feet of retail space, and 27,000 square feet of office space. With Casino Gateway Chances secured within Block 1, an array of retail and office opportunities are available for lease throughout the development, and ground floor commercial retail units are available for purchase.
Elevate Development Corporation offers high quality residential and commercial real estate projects that ensure long-term value and security to investors, home buyers, and retailers. As developers, Elevate’s experts are involved in all aspects of real estate, including site acquisition, design, financing, municipal process, construction, sales, and leasing. They are forging a new, innovative path with a mission to preserve and grow equity in the residential and commercial real estate sectors by offering trusted, integrity-based investment and development opportunities.
Outlook Village is estimated to be completed over a multi-staged course throughout 2020 to 2023 upon reaching full build out.
Please contact Form Real Estate Advisors with any questions pertaining to Outlook Village and the development’s upcoming retail and office opportunities.
Elevate Development Corporation: https://elevatecorp.ca/
Silverdale – Southwest Mission Lands: https://www.mission.ca/municipal-hall/departments/development-services/planning-department/major-development-projects/mis/