Reviving a neighbourhood Looking beyond Paramount, Principle Property Group and their affiliated companies have also started offering their services to external developers and investors. Parkshore is acting as the project manager for a building called ‘The Junction,’ which will comprise 57 one-and-two bedroom condos, with construction expected to be completed in late Fall 2025. Madden and her team will also handling the sales and marketing of that project. Parkshore is also the Project Manager of record for the long-anticipated redevelopment of the Amrikko’s site in Departure Bay. It’s important for Principle Property Group to be so active, Parker explains, because their current mission is not just to build some buildings – it’s to help revive the downtown of Nanaimo. They want to do their part to help make Nanaimo the thriving urban centre they think it’s destined to be. THE CONSTRUCTION SOURCE CANADA
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