This is an advanced opportunity to acquire a high exposure development property in close proximity to the new Cowichan District Hospital ( "CDH ") site. The property is approx. 1.6 acres and northwest of the new CDH and only steps away from the #1 and #18 Highway intersection. The Property's location, physical and development attributes, as well as its future uses create an excellent opportunity for a development that supports the health -care, commercial and residential needs of the new $887 million CDH. The future land use of the Property is defined within the recently approved, award winning Bell McKinnon Local Area Plan ( "LAP "). The LAP designates the Property as a combination of "Employment Lands (EL)" and "Residential High (RH)" which encourages further densification of the Property for both commercial, industrial and residential uses. Acquisition of this Property can facilitate additional acquisitions of adjacent residential parcels.