The Allandale Lands are among the final parcels of property available for employment-based development in the Colwood area. Designated as a Mixed-Use Employment Centre in the City of Colwood 2018 Official Community Plan (OCP), we are creating a vibrant hub for employment and industry.
This property is significant for Colwood—it will spark meaningful growth. Bordered by major roadways including Veterans Memorial Parkway and Sooke Road, Allandale will attract new businesses, service amenities and jobs to the community.
Wildcat Industrial at Allandale District offers four buildings across 6.37 acres, with three strategic access points to accommodate nearly every size of business. Buildings 1, 2 and 3 have small bay units starting at 3,000 SF and can be combined to create units up to 35,000 SF. Building 4 provides an ideal space solution for a large bay warehouse tenant. For businesses looking to start or relocate, these new, convenient spaces tick all the boxes.
Units from 3,000 SF up to 44,000 SF
Small bay units with at-grade loading and 2nd floor mezzanine office space
Large bay units with multiple dock and grade loading and 2nd floor mezzanine office space
Allandale Centre offers four buildings over 3.2 acres. Under the designated Mixed-Use Employment zoning,
there is a comprehensive range of potential uses. Options include restaurants, a boutique grocery store,
health professional offices, daycares, liquor retail stores and mini storage.
Omicron Development Inc. (Omicron) and Lotus Capital Corp. (Lotus), have filed a development permit application with the City of Colwood for a 3.95-acre parcel, part of Allandale District, a 20-acre mixed-use centre located at the intersection of Veterans Memorial Parkway and Allandale Road. Once building permits are secured, Omicron and Lotus will build 81,500 sq.ft. of office and warehousing space for Seaspan Victoria Shipyards to consolidate… Read more »
Omicron Development Inc. and Lotus Capital Corp. (the Developer), have filed applications with the City of Colwood to revitalize a portion of the former gravel pit at the intersection of Veterans Memorial Parkway and Allandale Road to create a purpose-built mixed-use centre comprising industrial and commercial uses to bring new employment opportunities and community services to the community of Colwood. Located on both sides of Veterans… Read more »
Omicron Development Inc. (Omicron) announced today that they are leading a land purchase agreement with Ridley Bros. Development Co. Ltd. for approximately 20 acres of a portion of the Allandale Lands in the City of Colwood. This initial purchase comprises four properties located adjacent to the intersection of the Veterans Memorial Parkway and Allandale Road just south of the Veterans Memorial Parkway and Sooke Road intersection…. Read more »
Established in 1998 and recognized for the past ten years as one of Canada’s Best Managed Companies, Omicron
is one of the largest integrated development, design and construction firms in Western Canada, combining the
expertise of 140 real estate development strategists, architects, interior designers, engineers, cost
estimators, project managers and builders. Active and recent projects on Vancouver Island include The James at
Harbour Towers, Eagle Creek Village, and multiple BC Hydro facilities.
Lotus Capital Corp.
Lotus Capital Corp. is a real estate investment, asset and development management firm
headquartered in Vancouver. Lotus Capital Corp. is an active, value-add investor in industrial, multi residential
and office real estate assets, as well as in venture capital opportunities, across Canada. Lotus Capital and
their partner, Omicron, are the developers for the first phase of the Allandale Lands development.
Nicola Wealth Real Estate
Nicola Wealth Real Estate (NWRE) is the in-house real estate team of Nicola Wealth, a premier Canadian ﬁnancial planning and investment ﬁrm with over $9.5 billion of assets under management. The experienced and innovative NWRE team acquires and asset manages a growing $6 billion portfolio of properties in major markets across North America, spanning a diversiﬁed range of asset classes.