Nanaimo - 6 Commercial St.

Proposal Submission Due: April 28, 2026

Housing Development Opportunity

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Property Details

Posted February 17, 2026

Municipality: City of Nanaimo

Street Address: 6 Commercial Street

Land Lease Length or Proposed Deal Structure: 60-Year No Cost Lease

The City of Nanaimo is seeking a visionary developer and long-term housing owner/operator to develop a landmark mixed-use rental housing project situated in a prominent location in downtown Nanaimo at 6 Commercial Street.

The vacant 11,474 ft² (1,066 m²) site offers exceptional visibility. Zoned DT4 the development concept anticipates up to six storeys with ground-floor commercial and no minimum off-street parking requirements in the Downtown Urban Centre designation.

Should a developer that meets the criteria consistent with BC Builds objectives, the City of Nanaimo, will offer a 60-year lease at no cost for the land to make your mark in the heart of Nanaimo’s vibrant urban core.

Full details of the opportunity can be found in the Property Opportunity Notice.

Property Opportunity Notice updates
PON Updates
DateUpdatePages
March 16, 2026Added: Addendum - Responses to questions received18 - 24 

Key Dates

  • Mar 10, 2026 - Inquiry Deadline

  • Mar 17, 2026 - Deadline for Posting Addenda

  • Apr 28, 2026 - Submission Deadline

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Information Session

How to apply

  1. Review detailed property information, criteria and deadlines in the Property Opportunity Notices.  
  2. Attend an optional Property Information Session about a specific Housing Development Opportunity. Contact BC Builds info [at] bcbuildshomes.ca (info[at]bcbuildshomes[dot]ca) if you have any questions about a Property Opportunity Notice. Please do not contact landowners directly.  
  3. Review the BC Builds Rental Supply Framework.  
  4. Applicants can present their submission in the form and format of their choice, with the option of using this Capital and Operating Budget Template.
  5. Proposals must be sent to info [at] bcbuildshomes.ca (info[at]bcbuildshomes[dot]ca) on or before the due date listed in the Property Opportunity Notice.
     
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