Van Belleghem Parts Ways With Dockside Green

Joe Van Belleghem, the visionary developer of Windmill West Group who launched Dockside Green in Victoria, British Columbia, and his partner, Jack Julseth of Three Point Properties, have sold their 25% interest in the project to the credit union Vancity, which had already owned a 75% share. The 15-acre (6 ha) Dockside Green project, one of the most innovative and greenest development projects in North America and one with a significant triple-bottom-line focus (see EBN Sept. 2008), is about one-third complete, according to a December 23, 2009 article in the Victoria Times Colonist. The project should ultimately include 26 high-rise buildings with 1.3 million square feet (120,000 m²) of mixed-use space and house 2,500 residents. Dockside Green has pledged that all of its buildings will be certified LEED Platinum.

According to Van Belleghem, his parting with Vancity fundamentally had to do with the credit crunch and the fact that he wanted to move ahead more aggressively with the building schedule than his partner. “They are taking a conservative approach in commencing future buildings,” he told EBN. “I was in favor of commencing new projects, but when that was not going to happen, it was clear that my energies would be put to better use elsewhere.” Van Belleghem said that he also wanted to move on to new challenges and opportunities.

– Alex Wilson

For more information:

Vancouver City Savings Credit Union
(Vancity)
Vancouver, British Columbia
604-877-7000
www.vancity.com
www.docksidegreen.com

Windmill West Group
Victoria, British Columbia
250-360-1100 ext. 224
www.windmillwest.com

---

There are no comments for this page yet.

Log in to add comments - Help with comments

---

AIA Announces Top Ten Green Projects for 2009 EBN: Awards & Competitions - May 2009

---

Synergy at Dockside Green (180,000 sq. feet) (17,000 sq. meters) Retail, Multi-unit residential

Synergy at Dockside Green Dockside Green is a 1.3 million ft2, mixed-use development on a former brownfield site in the heart of Victoria, BC. The first phase, Synergy, includes four buildings constructed over a common underground parking structure. The program for Synergy includes a nine-story residential tower with commercial units on the ground floors; a two-story townhouse building; a six-story building with commercial units on the ground floor and a four-story residential building. The site is bound by roads on the west and north sides; a greenway and creek on the east side; and future development on the south side.

[ top of page ]

---

---

IMAGE CREDITS:
1. Photo: Gray Tait

DISCUSSIONS There are no comments for this page yet. Log in to add comments RELATED ARTICLES AIA Announces Top Ten Green Projects for 2009 EBN: Awards & Competitions - May 2009 RELATED CASE STUDIES Synergy at Dockside Green Victoria, BC Canada RELATED GREEN DESIGN People in Transition

BuildingGreen.com