Channel Ridge is a phased development of an original 1433 acre farm property. The last phase was in foreclosure with outstanding debts of 46.8 million HSBC Bank Canada v. The 830 acre parcel as of Oct 24, 2014 has sold for $6.6 mil.
The map below shows where the new residential development blocks are slated to go on the property. Here are pages 87 and 88 out of the local land use bylaw 355 that deal with Channel Ridge residential blocks; pages 87 and 88 zone c (channel ridge) Here is the original Channel Ridge Comprehensive Development area zoning bylaw 123 amendment by law 125 from 1986; Channel Ridge Comp Dev Area 1986
Channel ridge has had lots of press over the years here are some of the article Salt Spring project casting long shadow – Business Edge News Magazine Archives (2). Million-dollar views coming to Salt Spring « Les Twarog Vancouver Real Estate and Condo Blog and Creating a Sense of Place
Photo of the Channel Ridge trail system. Download a trail map here channel-ridge-trail-map
Zoning map of some of the finished phases of Channel Ridge
In Channel Ridge there is an active rate payers group and they have strong building schemes in place and attached to each plan. Here is a copy of one of them; Channel Ridge EH107853 Building Scheme. Here is a copy of the building scheme for one of the first phases Building Scheme R 58476 lots 1-8 plan 43713
Overall Channel Ridge is the biggest elephant in the room for Salt Spring Island. What transpires over the next few years will make a difference to the island. This is the largest development on Salt Spring Island.
Here is a blog post I wrote about swapping the densities into Ganges from Chanel Ridge; If Ganges could Grow Up.
The following was sent to me at the end of November 2014;
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