Qualicum Beach meets goal of replenishing reserve funds after 2018 park purchase

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The Town of Qualicum Beach said it will complete replenishing town reserves spent on the purchase of the St. Andrews Waterfront Park once land sale agreements are finalized.

The 1.6 acre parcel of land, located on the Island Highway, was purchased in 2018. Town council created a plan to sell other town-owned property of lesser community significance to fund the investment. 

“Being able to rebuild town reserves and to secure strategic land such as the former St. Andrews Waterfront Park makes us very proud,” said Mayor Brian Wiese. “The previous council handed us the baton for this project and we were able to take it across the finish line.”

The town, in a media release on Thursday (Aug. 12), said completed land sales include:

  • 504 Juniper Road
  • 126, 130, 134 Second Avenue East
  • 324 Chester Road
  • Yew Street Road Closure
  • 478 Timberlane Place
  • 484 Timberlane Place

Land sales currently under contract include:

  • 189 Sunningdale Road
  • Portion of Fern Road/Memorial Avenue Bus Garage Property
  • Two residential lots at Claymore Road and West Ridge Way

“We can go forward confidently knowing that we are fiscally secure and richer with community assets,” Wiese said.

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