Construction is continuing behind Mr. PG, where excavation has begun in preparation for the construction of two new apartment buildings that will provide 137 housing units.
The site, at 2620 RecPlace Drive, was sold by the City for just over $2 million.
The developer, Broadstreet Properties, also built the neighbouring apartment, which opened earlier this year.
Access to Mr. PG is being preserved during construction via the access road from RecPlace or from the sidewalk that runs along the south side of Highway 97.
The sale of City lands already this year have topped $4.1 million as outlined in a report to Council on the April 12 meeting agenda.
This meeting also includes an update on 2021 building permits.
The month of March saw 35 new building permits issued by the City, worth more than $14.5 million.
So far this year, eight new multi-family housing projects have received permits.