The main thing I'm up to is SO BIG that I hardly know where to begin!
The $15m investment cash comes from four trade union pension funds; and we are hopefully just months away from obtaining zoning (planning permission).
It won't be a car-free town; the investors are not convinced that 12,000 people will willingly sacrifice their cars, especially in a part of the world where public transport is still fairly rudimentary. We will be incorporating a car-free area within an early neighbourhood, as a way of testing the market's response. The investors feel that they are putting up $15m of their union members' money, and they want to be sure that the investment is safe.
The site of the town is quite remarkable: it's not only the site of a huge abandoned old cement works, but it's also an astonishing, steep, east-facing hillside, with three miles of waterfront, and stunning views.
Additional information from material sent by Dauncey:
- The co-operative for this new town of Bamberton plans to build between 200 and 500 housing units a year for 20 years on the 1,560 acre site 32 kilometres north of Victoria.
- With the new town springing up on the wooded hillsides, 'it should be a way to absorb the pressures of growth in the nearby communities, so they won't feel their rural lifestyle is being threatened.'
- The lower quarry will probably be flooded to become a lake. The higher quarry may become a natural park or something similar. The town centre on the waterfront will provide shops, restaurants, homes, a resort hotel and a marina, designed to be a vibrant, colourful centre for the town as a whole.
What I'd really like to do is to find a way to tap the creativity of the wider public, given that the chance to design a new town from scratch doesn't come up that often.
Guy Dauncey, 2069 Kings Road, Victoria, British Columbia, Canada V8R 2P6 (tel 604 592 4472 h; 592 4473 w, tel and fax).