Kensington Union Bay Properties announced the launch of Union Bay Estates, a 346-hectare real estate development project in Union Bay, south of  Courtenay.

Kensington Union Bay Properties announced the launch of Union Bay Estates, a 346-hectare real estate development project in Union Bay, south of Courtenay.

After 19 years of setbacks, including legal challenges and other delays, Kensington Union Bay Properties has announced it’s moving ahead with an iconic 346-hectare development.

The construction situated in Union Bay, south of Courtenay, is being called the largest development of it’s kind outside of Greater Victoria.

When the several phases are completed it will include just under 3,000 residential units, a new marina, two hotels and numerous other amenities.

The current population of about 1,200 people could grow to over 10,000 when the final phases are finished.

The first phase which will include commercial buildings and waterfront improvements are expected to begin this spring.

Andy Neal