The first phase of the massive Vicarro development in Abbotsford is set to begin construction later this year.
Pacific Peak Homes announced in a press release on April 4 its acquisition of Vicarro Skyline – a 50-home subdivision that is part of the Vicarro development by Diverse Properties.
The development on the former Vicarro Ranch property encompasses 383 acres and 1,400 units on Eagle Mountain. It has been in the works for years and received the go-ahead from city council in August 2016.
It is one of the largest residential developments to come through Abbotsford.
The plan calls for 580 single-family homes, 120 duplex units, 260 townhouse units and 440 apartment units built in five separate areas over the site, which had been ranched by the Trethewey family for decades.
The project will also see a series of trails and three neighbourhood parks created, along with the preservation of natural open spaces in the area, which is frequently used by mountain bikers and hikers.
Ron Funk, CEO of Diverse Properties, said they are excited to be introducing the first phase of the development.
“Vicarro is the premier estate subdivision Abbotsford has been waiting for. In collaboration with the Stonemark Group, we’ve intentionally designed a cohesive neighbourhood that embraces the natural landscape and captures stunning views,” he said.
Davin Roy, president of Pacific Peak Homes, said the company is thrilled to be leading the first phase of Vicarro, "which will revitalize Eagle Mountain."
"Vicarro Skyline reflects our commitment to building exceptional homes in extraordinary places. This is just the beginning of something truly special, and we’re
honoured to bring this vision to life in partnership with Diverse Properties and Stonemark Group," he said.
Pre-sales are expected to launch soon. Visit vicarrohomes.com for more information.
