Oyster Bay Development will be set in the pristine west coast landscape of Vancouver Island. The site encompasses 65 acres of land adjacent to Ladysmith Harbour and the Trans Canada Highway. The area is characterized by mature forest and waterfront with stunning views across Ladysmith Harbour.
Oyster Bay is centrally located and the surrounded by many transportation hubs providing easy access for locals and visitors: Nanaimo Airport, BC Ferries, Nanaimo Marina and Sea Plane Terminal and Nanaimo Cruise Ship Terminal.
The infrastructure system is connected to the Town of Ladysmith ensuring efficient water and wastewater management.
The site is located just north of Ladysmith, a cute town with a full range of services and amenities. Only 15 km north of Oyster Bay lies Nanaimo, also known as the “Harbour City”.
The region surrounding Oyster Bay is rich with potential. A 500 mile radius surrounding Oyster Bay encompasses an area in which 15 million people live with an $800 billion economy. Currently there are 4.6 million people living in BC. By 2036 it is estimated that over 6 million people will reside in the province. In the Nanaimo and Cowichan Regional Districts specifically – which is in the direct vicinity of Oyster Bay – the population is estimated to grow by 50,000 people over the next 20 years.
Growing population – growing demand
The retirement community and seniors population alone is estimated to double over the next 20 years. The forecasted population growth in the Nanaimo and Cowichan Regional Districts will be matched with increased demand for homes, goods and services, and other various establishments. Projections suggest there will be a need for at least 10,000 new retiree homes, 2.6 million square feet more retail space, and attractions and amenities to service a steady growth of visitors every year.