Green Thumb Garden Centre and Nurseries in north Nanaimo. (News Bulletin photo)

Vancouver Island nursery property sells in historic deal

Green Thumb Garden Centre and Nurseries in north Nanaimo sold

A nursery in Nanaimo’s north end is no longer on the market.

Green Thumb Garden Centre and Nurseries and its 18-hectare property sold for an undisclosed amount after being on the market for more than a year.

Brad Bailey, associate vice-president with Colliers International Nanaimo, said he couldn’t disclose the sale price or the buyer at the moment, but said the deal is historic.

“It is the largest land sale transaction by sale price in Nanaimo’s history,” Bailey said.

Bailey said sale information is not being disclosed because he does not want to “upset owners and purchasers.” He said the $26-million number that has been reported by other media is wrong.

“The expectations were in the mid-$20 million range … it didn’t quite reach that level, but close,” he said. “I can’t disclose the buyer, but it was a private buyer and I don’t know what their plan is for the property at this point.”

story continues below

Green Thumb Garden Centre and Nurseries is one of the largest nurseries on Vancouver Island and has been operating for more than five decades on the property, which borders Island Highway, Uplands Drive and Hammond Bay Road.

Although the property is currently zoned as urban reserve, Bailey said the city wants to see the land filled in.

“The city wants to see higher density, mixed-use development,” he said. “It’s a great infill site for north Nanaimo and it will help densify what is obviously under-utilized urban property.”

Bailey said he doubts the nursery will close any time soon.

“I suspect that Green Thumb will continue operating for the foreseeable future,” he said.

Gerhard Gerke, owner of Green Thumb, confirmed the sale and said the nursery will provide comment at a later date.

Last year, landscape architect Fred Brooks called on city councillors to consider transforming the nursery into a new park.



nicholas.pescod@nanaimobulletin.com

Like us on Facebook or follow Nicholas Pescod on Twitter

Just Posted

Gwa’sala-’Nakwaxda’xw Nation drafts first phase of passive housing project

The housing project will have 96 residential units for low-income families.

North Island Seniors Housing Foundation requests land from Port Hardy Council

“The foundation members will be coming to council with more information at a future date.”

Mayoral candidate David Stewart steps away from Port Alice election

Port Alice has unlikely chance of holding a by-election early next year.

‘Cell Phone Service on the Island Highway’ campaign calls for better coverage along Island Highway

“There’s a possibility of various accidents, especially during the winter.”

North Island Peewee Eagles bring home silver medals from Thanksgiving tourney

With the game tied 5-5, the Eagles came up just short in a shootout.

VIDEO: Rescued eagle released in Ucluelet

“I’m very confident that he’s going to make it. He’s done very well.”

HPV vaccine does not lead to riskier sex among teen girls: UBC

Girls are less likely to have sex now than they were a decade ago

VIDEO: Rescued eagle released in Ucluelet

“I’m very confident that he’s going to make it. He’s done very well.”

Koreas agree to break ground on inter-Korean railroad

The rival Koreas are holding high-level talks Monday to discuss further engagement amid a global diplomatic push to resolve the nuclear standoff with North Korea.

Flash floods kill at least 7 people in southwest France

Flash floods have left several people dead in southwest France, with roads swept away and streams become raging torrents as the equivalent of several months of rain fell overnight, authorities said Monday.

Trump to visit Florida, Georgia; search ongoing for missing

The death toll from Michael’s destructive march from Florida to Virginia stood at 17.

Canadians widely unaware of accomplishments of famous women, poll suggests

A new poll suggests Canadians have a lot to learn about the accomplishments of some of the country’s most famous women.

Temporary access allowed for residents of landslide-threatened B.C. community

The district says areas of access to the community of about 54 homes could be expanded, depending on advice from a geotechnical engineer.

Most Read