An Update on the Willoughby Walk Project

In December 2016, ENM co-founders Daniel Greenhalgh and Colin Lacey took a bold step in their business when they took on the development of Willoughby Walk, a 191-unit purpose-built rental property in Langley. As mentioned in a previous post ( The Cost to Develop in a New Area), one of the major factors in the unsustainable crisis of housing costs is the extreme and unacceptable shortage of new purpose-built rental properties in the Lower Mainland. In taking on this project, Dan and Colin not only want to help alleviate this need through what they feel will be a very successful project – they want to establish ENM as a trendsetter for Lower Mainland developers in finding profitable, meaningful ways to address the affordable housing crisis through purpose-built rental developments.

ENMis on schedule to complete Willoughby Walk by late summer, with the first move-ins scheduled for early September. The crane came down on April 16th, and within the next month the crew plans to begin landscaping on the property.

Building A currently has drywall on all walls, while rough-ins are currently going in on Building B for both plumbing and electrical. On Building C, the crew is working on the roof and the exterior.

Applications for rental contracts will be taken starting in July. Like its neighbor at Boulevard Townhome, Dan and Colin expect that the units will be snapped up within 24 hours of opening.

Willoughby Walk is designed with the working professional couples and families in mind. The six-story building is wood-frame construction with a two-story parkade and individual storage lockers.

Located in Willoughby Town Centre, it is on a transit commuter route and less than a block away from two elementary schools. 70% of the units are two bedroom and 30% are a mix of 1 and 3 bedroom layouts.

Willoughby Walk will be a professionally owned and operated, fully-managed rental apartment building with a full-time, on-site manager to handle the day-to-day details and maintenance.

Dan and his team are developing a website and Facebook page for the project which will both go live by the end of May.

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