Montrose Properties Warehouse Facility Project
Sector: Hotel • Location: British Columbia, Canada
Source: St. Albert Gazette
Montrose Properties owns about 120 hectares of land in the Cowichan Aboriginal title area and planned to construct a warehouse facility. The project was in advanced discussion with lenders and a prospective tenant but was halted due to the Cowichan Tribes Aboriginal title ruling, which caused lenders to withdraw financing and tenants to pull out. Montrose had spent about $7.5 million and anticipat
- Status
- Prospective
- Sector
- Hotel, Manufacturing (Industrial), Warehouse
- Location
- British Columbia, Canada
- Updated
- 22 Jul 2026
- Source
- St. Albert Gazette
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Montrose Properties owns about 120 hectares of land in the Cowichan Aboriginal title area and planned to construct a warehouse facility. The project was in advanced discussion with lenders and a prospective tenant but was halted due to the Cowichan Tribes Aboriginal title ruling, which caused lenders to withdraw financing and tenants to pull out. Montrose had spent about $7.5 million and anticipated borrowing another $35 million to complete construction. |
Original sector | Built Sector |
Budget |
Location
Country | Canada |
State | British Columbia |
Source
Source | St. Albert Gazette |
URL |
More Details
Record type | Project |
Sector | Hotel, Manufacturing (Industrial), Warehouse |
Article published date | 2025-12-14 |
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