MIXED-USE DEVELOPMENTStrategically located, the mixed-use development offers professional
practices an opportunity to capitalize on the population growth, demographic trends and high volume of traffic the North Nanaimo retail community attracts. In closer proximity to residential zones, the businesses at Pacific Station attract more people to shop as they offer amenities, businesses, and services desired by residents in the surrounding areas. This increase in economic activity helps raise real estate, property, and land values within the surrounding community.
SMART GROWTHBy effectively using land to create multi-use destinations, municipalities can gain more tax revenue from compact development than traditional, single-story, or single-use developments. As the community becomes denser with mixed-use developments like Pacific Station, municipalities can experience more economic savings with reduced costs to public-services like trash, fire, and police as there is less distance required to travel, faster response times and safer streets due to the shared sense of community.
AND POLLUTIONPacific Station is a public transit-friendly neighbourhood that saves people money on transportation and helps eliminate the need for car ownership. With more people walking, bicycling and using public transit to travel to stores, work or entertainment, there are fewer needs for parking and street widening, has a positive impact on climate change and energy use, and improves the viability of public transport.
NEIGHBOURHOODPacific Station and mixed-use developments give communities like Nanaimo the opportunity to revitalize neighbourhoods by turning spaces into new destinations, develop properties with intrinsic value and create a great place for people to live, work, and play.