First multi-family housing development in 20 years

Two duplexes are being built on Van Arsdol Street by Pacific Aurora Homes Ltd. in Prince Rupert

Van Arsdol Street is seeing the first housing development in 20 years.

Four modern three-bedroom homes with views of the ocean will stand in place of one home that Kevin Stunder purchased two years ago.

“I see this market at the tipping point with jobs that are coming in, which are starting to exceed the housing supply,” Stunder said from outside the recently built walls of the two duplexes.

Stunder is the co-partner of Pacific Aurora Homes Ltd., which has two housing projects in Prince Rupert: the “Van Arsdol Street Homes” project aims to be complete by Christmas, and the plan is to start building “Drake Heights” townhouses and condos on Drake Crescent in the spring.

“We are pleased to see the initiation of Prince Rupert’s first new construction market housing in over 20 years, the last being the townhomes on Bill Murray Drive. This unique infill project is what we are seeking to achieve in our Rebuild planning for Prince Rupert,” said Paul Vendittelli, economic development officer for the City of Prince Rupert.

The price tag on the new units start at $549,000 and go up depending on the view and size of the home. Stunder said the homes on Drake Crescent will be much cheaper. Approximately 12-24 units will be built in phase one with the possibility of building up to 80 units.

Despite three large liquefied natural gas projects dropping out of Prince Rupert, Stunder remains confident in pursuing the housing market in the city. He sees promise in the diversification of the market, with the Port of Prince Rupert expansion at Fairview Container Terminal and Ray-Mont Logistics setting up operations on the North Coast.

“I believe in the jobs in Rupert. Always build where there are jobs,” Stunder said.

 

The four unit “Van Arsdol Street Homes” project aims to be complete by Christmas. (Shannon Lough / The Northern View)

Just Posted

Greyhound cleared to end routes in northern B.C., Vancouver Island

Company says nine routes have dropped 30% in ridership in last five years

BC Budget’s Top 10 promises the North Coast will care about

BC Ferry fare reductions, Indigenous language investments, rent support for seniors

B.C. BUDGET: Fare freeze, free travel for seniors on BC Ferries

A complete fare freeze will be put into place on major routes, and fares will be rolled back on smaller routes by 15 per cent

BC BUDGET: New spaces a step to universal child care

Fees reduced for licensed daycare operators

Strike Force completes the three-peat

Port Simpson held off Bella Bella to win the All Native Tournament intermediate title

MVP of the Week: Liberation in swimming and skiing

Prince Rupert’s 17-year-old Kobi Franes has a passion both in the pool and on the slopes

How to keep local news visible in your Facebook feed

Facebook has changed the news feed to emphasize personal connections. You might see less news.

Shop Prince Rupert winners

In the past years, more than $250,000 has been spent at Shop Prince Rupert merchants

BC BUDGET: New money helps seniors’ care shortage

Job stability for care aides key to recruitment, union leader says

Mixed messages on B.C.’s efforts to cool hot housing market

Economist says undersupply of homes in Metro Vancouver, Victoria and Kelowna will keep prices high

Foot found near Victoria belonged to missing Washington man

Coroner says no foul play suspected in death of 79-year-old Stanley Okumoto

Questions raised over B.C. NDP’s childcare budget plan

Advocates concerned how to fill 22,000 new spaces for early childhood educators

B.C. family first to receive reimbursement for life-altering arthritis drug

Effective medication used to treat rare form of juvenile arthritis costs $19,000 a month

IIO: Kamloops RCMP did not have to report shooting

The IIO is not investigating an officer-involved shooting that occurred in Kamloops in 2017

Most Read