The developer behind a proposed Sylvan Lake condominium and marina project has been given approval to change the boat slips.
An application went to council last month to redesign the marina so the slips will run on a north-south line, rather than the existing east-west configuration. The number of slips will stay the same at 179 and the marina’s size also remains unchanged.
“The applicant has indicated that the re-orientation is required to streamline functionality and provide a safer design for boat traffic areas,” says a report to council from Tim Schmidt, the town’s director of planning development.
Town council approved the changes last Monday.
The developers have said they plan to drain and rebuild the marina with steel walls and a multimillion-dollar dock system. It will also be converted into a “dockominium,” with each slip having its own title for individual sale.
The marina revamp will cost about $3.5 million and is part of the $16 million WatersEdge Condominiums & Marina development by Sylvan Lake Harbour, a group of three partners.
A four-storey, L-shaped building is planned that wraps around two sides of the marina. All 40 of its residential units will face the lake, with large balconies overhanging the water.
The building should be ready for occupants by the spring of 2014, and the new marina available for use by the May long weekend of 2013.
Units in the condominium will range in size from about 1,235 to more than 2,100 square feet. Most include two bedrooms and a den.
The condominium will be served by a 94-stall heated parkade, located beneath the building but above the lake’s high-water mark. Council approved the development application for the project in May.