NationWide II Self Storage & Auto Wash Trust, Boundary Update No. 7/2020 – Build Permit Received!

 

Download the full investor update.Build Permit Received!
Download the full investor update.
Download the full investor update.

Nationwide is pleased to announce that the City of Vancouver (“COV”) has now granted us both our building and development permits for our property at 2055 Boundary Road, Vancouver, BC (the “Development Property”).

This a high profile, highly visible Development Property on the border of Vancouver and Burnaby. Offering excellent exposure and access off Lougheed Highway, this property is minutes away from major urban developments occurring in Metro Vancouver, including Burnaby’s upcoming 28-Acre Amazing Brentwood.

The 0.66-acre site will be 5-storeys and will be used to house both modern self storage facility and indoor ground-level car wash.

As reported in April, the demolition and clearing of the Boundary Property was completed by Tango Management and the property is cleared and prepared for construction to commence.

Construction Contractor Selection

Our project managers at BTY Group have now short listed the building contractors that will be invited to bid on construction and once all value engineering options (cost saving measures) are reviewed and accepted, BTY Group will commence preparation of the proposed fixed price construction contract. Once the contract is secured, the awarded contractor will provide a construction start time and estimated build timeline.

Don’t Miss Our Updates!

We are pleased to announce that we have launched a new Boundary Property Overview page on our website where you will find all relevant project details, the latest investor updates and our latest architectural drawings and building pictures.

Email info@nationwideselfstorage.ca to be added to our email list and be sure to add our email address to your contacts so you don’t miss an update.


This information is general in nature and does not constitute an offer to sell or an advertisement, solicitation, or recommendation to buy securities. Nothing on these pages constitutes investment, legal or tax advice, nor was it prepared in consideration of the investment objectives, financial situation, particular needs of any specific recipient. There can be no assurance that investments will perform as or be of the quality anticipated. There are risks associated with any investment.