CNI acquires 3,286 acres

Abbotsford-based Columbia National Investments (CNI) has recently acquired more than 3,000 acres of land on the Sunshine Coast

"Demand for housing  is at an all-time high on the Sunshine Coast and the Lower Mainland," said Steve Dunton, CEO for CNI in a telephone interview with The Coast Reporter. "More and more people are choosing to live outside the Vancouver downtown core and are commuting. I have to admit our new focus on the Sunshine Coast is one of the most exciting projects of our careers."

The acreage is in three different lacations with 2,174 acres located close to Sechelt - 803 acres at McNabb Creek and 309 acres at Seaside Park in the Port Mellon area.

CNI currently has 10 ongoing projects in Mission, Chilliwack, Cultas Lake, Abbotsford and now the Sunshine Coast. CNI and its partners have plans to build 30,000 new homes over the next decade.

Coast Reporter/July 14, 2006

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