will actually be the first of three projects that Parsi Developments has planned on the street. The company also has a neighbouring parcel they are actively rezoning for a 122-unit five-storey building with six storeys, and the parcel next to that project they are rezoning in order to build another 90-unit building. “When we look at these upcoming projects, what we like to say is we’re ‘building communities for the future today,’” Faaris says. “We’re trying to incorporate green building materials. We’re trying to use innovative building methods to build faster and more efficiently. And we’re trying to build longer-lasting products that are going to be around to support communities and families for the next 30, 40, or 50 years – and beyond.” “We want to really enhance communities and create places where families can be proud of where they live,” he adds. In addition to developing three projects in British Columbia, Parsi Development has also become active on the other side of the country, in Saint John, New Brunswick. There, they have partnered with a local group in the city and have become part of quite a few projects. To date they have already completed two projects in the city – one was a 12-unit apartment building, which was a renovation/retrofit of an old apartment building, and the other was a Bluebird Self Storage facility, which comprised about 35,000 square feet of interior self-storage units and another 10,000 square feet of exterior self-storage units. Looking forward, Parsi Development has also rezoned a few properties on the East Coast for future development. Upcoming projects in Saint John include a 10-storey, 185-unit project at 300 Sydney Street, two buildings with 100 combined units on 258 Hampton Road, and 100 units on 730 Wilson Street. Parsi Development has become so active on the East Coast, Faaris explains, because they looked at the region few years ago and what they saw reminded them of what they saw in Victoria 15 years ago. The population was steadily growing, the demand for housing was rising, and they saw an opportunity to step in and help meet that future need. “So we have quite a bit of work underway,” Faaris understates. “It’s a very exciting time.” THE CONSTRUCTION SOURCE CANADA
RkJQdWJsaXNoZXIy OTYzNTg=