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	<title>VibrantVictoria.ca &#187; Real-estate</title>
	<atom:link href="http://vibrantvictoria.ca/category/local-news/real-estate/feed/" rel="self" type="application/rss+xml" />
	<link>http://vibrantvictoria.ca</link>
	<description>Victoria&#039;s Online Cornerstone</description>
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		<title>Work on Victoria&#8217;s tallest building begins</title>
		<link>http://vibrantvictoria.ca/local-news/work-on-victorias-tallest-building-begins/</link>
		<comments>http://vibrantvictoria.ca/local-news/work-on-victorias-tallest-building-begins/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 20:49:48 +0000</pubDate>
		<dc:creator>Mike Kozakowski</dc:creator>
				<category><![CDATA[Business & the Local Economy]]></category>
		<category><![CDATA[Construction & Land Development]]></category>
		<category><![CDATA[Local News]]></category>
		<category><![CDATA[Real-estate]]></category>
		<category><![CDATA[Bayview Victoria]]></category>
		<category><![CDATA[Bosa Properties]]></category>
		<category><![CDATA[Promontory]]></category>
		<category><![CDATA[Vic West]]></category>

		<guid isPermaLink="false">http://vibrantvictoria.ca/?p=6998</guid>
		<description><![CDATA[21-storey condo tower will rise 66 meters above Victoria's Vic West neighbourhood and will become a new landmark for the capital region's core.]]></description>
			<content:encoded><![CDATA[<div id="attachment_6999" class="wp-caption aligncenter" style="width: 585px"><a rel="attachment wp-att-6999" href="http://vibrantvictoria.ca/local-news/work-on-victorias-tallest-building-begins/attachment/promontory-excavation-starts/"><img class="size-full wp-image-6999" title="Promontory-excavation-starts" src="http://vibrantvictoria.ca/wp-content/uploads/2012/01/Promontory-excavation-starts.gif" alt="" width="575" height="391" /></a><p class="wp-caption-text">Excavators dig up the soil in preparation for construction of the Promontory project in Vic West.  Photo © Skyscraper Source Media.</p></div>
<p>Excavators and drilling machines have arrived signaling the start of construction activity for what will become the City of Victoria&#8217;s tallest building.  James Bay&#8217;s 1960&#8217;s-era 22-storey <a href="http://skyscraperpage.com/cities/?buildingID=4871" target="_blank">Orchard House</a> tower has held the title for over 40 years.</p>
<p>The 177 unit, 21-storey Promontory condo tower, phase II of the Bayview Project in Vic West, will stand some 66 meters above the neigbhourhood and become a new beacon for the central core of the south Island.</p>
<p>Construction should take approximately two years with completion anticipated in early 2014.  To-date 77 units, or roughly 44% of available homes, have sold according to sales representative Peter Gaby.</p>
<p>In an odd twist of fate project partner Bosa Properties nixed Victoria in the mid 1990&#8217;s over a tumulteous rezoning process for it&#8217;s first and at the time only Victoria condo project, The Manhattan (on Yates Street across from The Market on Yates).  After vowing never to return to the City, some 15 years later the company has found itself partnering with Bayview Properties to build Victoria&#8217;s tallest tower.</p>
<p>The official groundbreaking ceremony will be held on Monday, January 30th, to celebrate the start of construction.  A groundbreaking planned for January 18th was canceled due to inclement weather.</p>
<p>To stay up to date on the Promontory project, refer to VibrantVictoria&#8217;s discussion thread for the project <a href="http://vibrantvictoria.ca/forum/showthread.php?t=5554&amp;page=6" target="_self">here</a>.  To view the Major Construction Projects entry on Promontory, click <a href="http://vibrantvictoria.ca/construction-projects/bayview-tower-ii-21-storeys-residential/" target="_self">here</a>.  For a diagram of Victoria&#8217;s tallest buildings, refer to SkyscraperPage&#8217;s <a href="http://skyscraperpage.com/diagrams/?cityID=37" target="_blank">Victoria skyscraper diagram</a>.</p>
<p>© Copyright 2012 by Skyscraper Source Media.  All rights reserved.</p>
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		<item>
		<title>Public space to double with Northern Junk remediation: developer</title>
		<link>http://vibrantvictoria.ca/local-news/public-space-to-double-with-northern-junk-remediation-developer/</link>
		<comments>http://vibrantvictoria.ca/local-news/public-space-to-double-with-northern-junk-remediation-developer/#comments</comments>
		<pubDate>Fri, 20 Jan 2012 23:24:47 +0000</pubDate>
		<dc:creator>Mike Kozakowski</dc:creator>
				<category><![CDATA[Business & the Local Economy]]></category>
		<category><![CDATA[Construction & Land Development]]></category>
		<category><![CDATA[Heritage]]></category>
		<category><![CDATA[Local News]]></category>
		<category><![CDATA[Real-estate]]></category>
		<category><![CDATA[Northern Junk]]></category>
		<category><![CDATA[Reliance Properties]]></category>

		<guid isPermaLink="false">http://vibrantvictoria.ca/?p=6953</guid>
		<description><![CDATA[Public space will double around the vicinity of the historic Northern Junk buildings while new mixed-use buildings bring back vibrancy to a dodgy nook of downtown Victoria.]]></description>
			<content:encoded><![CDATA[<div id="attachment_6957" class="wp-caption aligncenter" style="width: 585px"><a rel="attachment wp-att-6957" href="http://vibrantvictoria.ca/local-news/public-space-to-double-with-northern-junk-remediation-developer/attachment/northern-junk/"><img class="size-full wp-image-6957" title="Northern-Junk" src="http://vibrantvictoria.ca/wp-content/uploads/2012/01/Northern-Junk.gif" alt="" width="575" height="339" /></a><p class="wp-caption-text">This project rendering shows the proposed mixed-use development and the refurbished Northern Junk buildings likely housing an eatery with waterfront views together with other commercial uses.  Rendering © by Reliance Properties.</p></div>
<p>There has been much heated debate over the future of land near the historic Northern Junk buildings at the eastern foot of the Johnson Street Bridge in downtown Victoria.</p>
<p>Multiple contributors to VibrantVictoria&#8217;s dedicated <a href="http://vibrantvictoria.ca/forum/showthread.php?t=4510&amp;page=21" target="_self">discussion thread</a> on the Northern Junk complex have questioned the loss of a tract of public space to make way for commercial and residential buildings enveloping to-be remediated heritage structures, while others have cheered the developer&#8217;s vision as representing the prospect of positive change to what is otherwise a crime-ridden nook of Old Town.</p>
<p>Developer Jon Stovell of <a href="http://www.relianceproperties.ca/" target="_blank">Reliance Properties</a>, the proponent of the project, has provided the public via VibrantVictoria&#8217;s forum multiple clarifications about the proposal in an effort to swing the debate from misinterpretation to fact.</p>
<p>Seemingly unbeknownst to those in opposition to the project&#8217;s use of public land, Stovell confirmed that the development will double the public space currently available within the immediate area while opening up access to the waterfront and contributing to the City&#8217;s vision for the Victoria Harbour Pathway.  Concern over the loss of a grassy median to make way for the project&#8217;s newly built mixed-use buildings was voiced, albeit the public land in its current form has the tendency to draw drug-related activity.</p>
<p>&#8220;In the proposal the open space (open to the public) is actually being  doubled. It is also better open space being closer to, or actually on  the water,&#8221; Stovell <a href="http://vibrantvictoria.ca/forum/showthread.php?p=174545#post174545" target="_self">wrote</a>.</p>
<p>A public plaza along the waterfront together with a connection to the   Victoria Harbour Pathway are also envisioned and represent an integral   component of the developer&#8217;s commitment to public access.  Stovell further confirmed that public access will be guaranteed through  legal agreements with the City of Victoria with the only gated portions  located at the building lobby.</p>
<p>The re-use of the land for mixed-use commercial and residential units has supporters (including the City of Victoria which welcomed Reliance&#8217;s vision for the public median in return for remediating two heritage structures), many of whom welcome the opportunity to reclaim an area of downtown that has both poor pedestrian infrastructure and lacks a sense of place.</p>
<div id="attachment_6954" class="wp-caption aligncenter" style="width: 585px"><a rel="attachment wp-att-6954" href="http://vibrantvictoria.ca/local-news/public-space-to-double-with-northern-junk-remediation-developer/attachment/current_future_public_space_northern_junk/"><img class="size-full wp-image-6954" title="Current_Future_public_space_Northern_Junk" src="http://vibrantvictoria.ca/wp-content/uploads/2012/01/Current_Future_public_space_Northern_Junk.gif" alt="" width="575" height="248" /></a><p class="wp-caption-text">A comparison of present-day public space within the vicinity of the Northern Junk proposal and the public space upon the project&#39;s completion.  Reliance Properties claims their project will double public space and allow public access to the waterfront.  Image reproduced from materials © by Reliance Properties.</p></div>
<p>The Northern Junk complex is proposed with some 56 residential units over 53,600 square feet and 14,600 square feet of street level commercial space spread over five floors.  The design is in the hands of <a href="http://www.merrickarch.com" target="_blank">Merrick Architecture</a>, an internationally recognized architectural practice based in Victoria with proven experience designing heritage-sensitive projects.</p>
<p>To stay up to date on the Northern Junk complex, refer to VibrantVictoria&#8217;s discussion forum thread <a href="http://vibrantvictoria.ca/forum/showthread.php?t=4510&amp;page=21" target="_self">here</a>.</p>
<p>© Copyright 2012 by <a href="http://www.skyscrapersource.com" target="_self">Skyscraper Source Media Inc</a>.  All rights reserved.</p>
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		<title>Race is on to build downtown Victoria&#8217;s next office building</title>
		<link>http://vibrantvictoria.ca/local-news/race-is-on-to-build-downtown-victorias-next-office-building/</link>
		<comments>http://vibrantvictoria.ca/local-news/race-is-on-to-build-downtown-victorias-next-office-building/#comments</comments>
		<pubDate>Tue, 25 Oct 2011 15:37:24 +0000</pubDate>
		<dc:creator>Mike Kozakowski</dc:creator>
				<category><![CDATA[Business & the Local Economy]]></category>
		<category><![CDATA[Construction & Land Development]]></category>
		<category><![CDATA[Local News]]></category>
		<category><![CDATA[Real-estate]]></category>
		<category><![CDATA[Gateway Green]]></category>
		<category><![CDATA[Jawl Properties]]></category>
		<category><![CDATA[Roth Site]]></category>
		<category><![CDATA[Tri-Eagle Development]]></category>

		<guid isPermaLink="false">http://vibrantvictoria.ca/?p=6903</guid>
		<description><![CDATA[Tri-Eagle Development and Jawl Properties find themselves in familiar territory as two contenders for the next round of major office space acquisitions in downtown Victoria.]]></description>
			<content:encoded><![CDATA[<div id="attachment_6910" class="wp-caption aligncenter" style="width: 585px"><a rel="attachment wp-att-6910" href="http://vibrantvictoria.ca/local-news/race-is-on-to-build-downtown-victorias-next-office-building/attachment/roth-site-property-office-model/"><img class="size-full wp-image-6910" title="Roth-Site-property-office-model" src="http://vibrantvictoria.ca/wp-content/uploads/2011/10/Roth-Site-property-office-model.gif" alt="" width="575" height="413" /></a><p class="wp-caption-text">A model represents a potential massing of an office building, centre, on the Roth Site, as envisioned by previous Roth Site owner Townline.  Photo © by Robert Randall.</p></div>
<p>The <a href="http://vibrantvictoria.ca/?p=6887" target="_self">purchase of the Roth Site</a> in the 700-block of Pandora by Jawl Properties and it&#8217;s appetite to build an office building on the lot, together with the news that developers of the 15-storey Gateway Green office proposal are fielding calls from the provincial government, hint at yet another race in the making to build downtown Victoria&#8217;s next major office building.</p>
<p>Travis Lee of Tri-Eagle Development says the company&#8217;s <a href="http://vibrantvictoria.ca/?p=412" target="_self">Gateway Green</a> tower has an advantage over every other office proposal in town: the project is only &#8220;60 days&#8221; away from a construction start the moment a key tenant is signed.</p>
<p>However, Jawl may have acquired a serious contender to Tri-Eagle&#8217;s impressive 60-day tenant-to-shovels offering considering the Roth Site is already zoned for highrise office use and a hasty municipal process would yield a greatly reduced planning-to-shovels period.</p>
<p>The bidding war in the making between Tri-Eagle and Jawl Properties is similar to one that played out several years ago.  The duel played out like so: as Tri-Eagle was courting BC Ferries with its offerings at Fisgard and Blanshard in the Gateway Green tower, Jawl Properties, coincidentally BC Ferries&#8217; landlord at the time, purchased the BC Telephone Company property at Johnson and Blanshard streets with plans to build a first-class office building and, according to industry insiders, made BC Ferries an offer that the company could not refuse.  Ultimately BC Ferries walked from Gateway Green, the BC Telephone Company property became the <a href="http://vibrantvictoria.ca/construction-projects/atrium-building-7-storeys-office-commercial/" target="_self">Atrium building</a> and Tri-Eagle put it’s tower on-hold.</p>
<p>This time around no one major tenant has yet revealed itself, other than loose interest expressed by the &#8220;provincial government,&#8221; and Jawl has some legwork to do before it is ready to present its plans to City staff, let alone potential tenants.</p>
<p>“We have designers looking at massing possibilities for the site and it is too early to say whether the project will be all office or maybe a mix of uses,” said Jawl Properties representative Robert Jawl, stopping short of making a preference for a slimmer, taller point tower design or a shorter, wider building.  Jawl did confirm that D&#8217;ambrosio Architecture + Urbanism, the team behind the Atrium building and several of Jawl&#8217;s newer residential buildings, is on the roster once again.</p>
<p>The zoning currently allows for almost 200,000 square feet of space and heights in excess of the typical 12-storey office building height.  The previous proposal on the site was for two residential buildings, one of which was to stand some 54 meter talls over 19-storeys.</p>
<p>Asked if any tenants had their sites on Jawl Properties&#8217; upcoming project, Robert Jawl said the company has a solid grasp of public and private office space demands in the region and as of yet no one formal potential tenant has expressed definitive interest in the project. <strong>VV</strong></p>
<p><em>To stay up to date on and to discuss office proposals throughout greater Victoria, view the <a href="http://www.vibrantvictoria.ca/forum/showthread.php?t=1210&amp;page=6" target="_self">Office space and office development thread</a> on VibrantVictoria&#8217;s forum.  To stay up to date on Gateway Green click <a href="http://vibrantvictoria.ca/forum/showthread.php?t=1484&amp;page=18" target="_self">here</a> and follow the discussion of the Roth Site development by Jawl Properties <a href="http://vibrantvictoria.ca/forum/showthread.php?t=5444" target="_self">here</a>.</em></p>
<p>© Copyright 2011 by Skyscraper Source Media Inc.  All rights reserved.</p>
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		<item>
		<title>Developer of Atrium office building purchases downtown &#8220;Roth Site&#8221; property</title>
		<link>http://vibrantvictoria.ca/local-news/developer-of-atrium-office-building-purchases-downtown-roth-site-property/</link>
		<comments>http://vibrantvictoria.ca/local-news/developer-of-atrium-office-building-purchases-downtown-roth-site-property/#comments</comments>
		<pubDate>Wed, 19 Oct 2011 22:44:10 +0000</pubDate>
		<dc:creator>Mike Kozakowski</dc:creator>
				<category><![CDATA[Business & the Local Economy]]></category>
		<category><![CDATA[Construction & Land Development]]></category>
		<category><![CDATA[Local News]]></category>
		<category><![CDATA[Real-estate]]></category>
		<category><![CDATA[Centro]]></category>
		<category><![CDATA[Jawl Properties]]></category>
		<category><![CDATA[Roth Site]]></category>
		<category><![CDATA[Townline]]></category>

		<guid isPermaLink="false">http://vibrantvictoria.ca/?p=6887</guid>
		<description><![CDATA[Downtown's Roth Site, a surface parking lot for decades, is likely to be redeveloped with the sale of the land to a Victoria-based developer.]]></description>
			<content:encoded><![CDATA[<div id="attachment_6888" class="wp-caption aligncenter" style="width: 585px"><a rel="attachment wp-att-6888" href="http://vibrantvictoria.ca/local-news/developer-of-atrium-office-building-purchases-downtown-roth-site-property/attachment/centro-property-from-atrium/"><img class="size-full wp-image-6888" title="Centro-property-from-Atrium" src="http://vibrantvictoria.ca/wp-content/uploads/2011/10/Centro-property-from-Atrium.gif" alt="" width="575" height="383" /></a><p class="wp-caption-text">Two additional residential towers could join this changing north downtown skyline with the sale of the Roth Site property on Pandora Avenue between Douglas and Blanshard streets. © Copyright by Skyscraper Source Media.</p></div>
<p>One week after Vancouver-based developer Dave Chard purchased the <a href="http://vibrantvictoria.ca/forum/showthread.php?p=168538#post168538" target="_self">Emaar property</a> on Yates Street, Victoria-based Jawl Properties, developer of downtown&#8217;s <a href="http://vibrantvictoria.ca/construction-projects/atrium-building-7-storeys-office-commercial/" target="_self">Atrium</a> office building, has taken ownership of the Roth Site in the 700-block of Pandora Avenue.</p>
<p>The land&#8217;s previous owner, Richmond-based Townline (developer of the <a href="http://vibrantvictoria.ca/construction-projects/the-hudson-6-storeys-residential-commercial/" target="_self">Hudson&#8217;s Bay Department Store site</a> at Douglas and Fisgard streets), had envisioned a two-tower residential complex, <a href="http://vibrantvictoria.ca/construction-projects/centro-tower-i-19-storeys-54-4m-condo/" target="_self">dubbed Centro</a>, on the Pandora lot situated just a stones throw from Victoria City Hall.  Due to the economic downturn of 2008 the land was never developed and eventually put up for sale.</p>
<p>Prior to the downturn an active re-zoning was under way for two residential towers of 19- and 14-storeys with a commercial base.  It is unclear, however, if approval for the two towers was granted although the City&#8217;s Advisory Design Panel was in support of the project.  The only use for the property in recent memory prior to and since the rezoning proposal has been surface parking. <strong>VV</strong></p>
<p><em>To discuss the Roth Site and the sale of the land to Jawl Properties, follow the <a href="http://www.vibrantvictoria.ca/forum/showthread.php?t=2090&amp;page=9" target="_self">Centro discussion</a> on the VibrantVictoria forum.</em></p>
<p>© Copyright 2011 by Skyscraper Source Media.  All rights reserved.</p>
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		<title>VanCity to anchor new Saanich office building</title>
		<link>http://vibrantvictoria.ca/local-news/vancity-to-anchor-new-saanich-office-building/</link>
		<comments>http://vibrantvictoria.ca/local-news/vancity-to-anchor-new-saanich-office-building/#comments</comments>
		<pubDate>Thu, 06 Oct 2011 19:50:13 +0000</pubDate>
		<dc:creator>Mike Kozakowski</dc:creator>
				<category><![CDATA[Business & the Local Economy]]></category>
		<category><![CDATA[Construction & Land Development]]></category>
		<category><![CDATA[Local News]]></category>
		<category><![CDATA[Real-estate]]></category>
		<category><![CDATA[1590 Cedar Hill X]]></category>
		<category><![CDATA[Tri-Eagle Development]]></category>

		<guid isPermaLink="false">http://vibrantvictoria.ca/?p=6845</guid>
		<description><![CDATA[Three storey office building receives unanimous approval by Saanich council; occupancy expected by the end of 2012]]></description>
			<content:encoded><![CDATA[<div id="attachment_6847" class="wp-caption aligncenter" style="width: 585px"><a rel="attachment wp-att-6847" href="http://vibrantvictoria.ca/local-news/vancity-to-anchor-new-saanich-office-building/attachment/1590-cedar-hill-x-excavation/"><img class="size-full wp-image-6847" title="1590-Cedar-Hill-X-excavation" src="http://vibrantvictoria.ca/wp-content/uploads/2011/10/1590-Cedar-Hill-X-excavation.gif" alt="" width="575" height="295" /></a><p class="wp-caption-text">Site preparation has begun for Tri-Eagle Development&#39;s 1590 Cedar Hill X project, a three storey office building at Shelbourne Village Square in Saanich. Photo © VibrantVictoria.ca.</p></div>
<p>A laundromat at 1590 Cedar Hill X Road in Shelbourne Village Square has been torn down to make way for Tri-Eagle Development Corporation&#8217;s latest office project in Saanich.</p>
<p>Receiving unanimous approval from Saanich council on October 4th, construction of the three storey, 15,000 square foot building is expected to start soon with occupancy anticipated by the end of 2012.</p>
<p>Travis Lee of Tri-Eagle confirms that the anchor tenant will be VanCity Credit Union and the remainder of the space is eyed for medical offices.</p>
<div id="attachment_6151" class="wp-caption aligncenter" style="width: 585px"><a rel="attachment wp-att-6151" href="http://vibrantvictoria.ca/local-news/developer-plans-two-office-projects-in-saanich-15-storey-downtown-tower-in-waiting/attachment/1590-cedar-hill-x-road/"><img class="size-full wp-image-6151" title="1590-Cedar-Hill-X-Road" src="http://vibrantvictoria.ca/wp-content/uploads/2011/03/1590-Cedar-Hill-X-Road.gif" alt="" width="575" height="342" /></a><p class="wp-caption-text">Artist&#39;s rendering of 1590 Cedar Hill X.  Image supplied.</p></div>
<p>Tri-Eagle&#8217;s Saanich development activities have intensified in recent years with the completion of the award winning Raven Building at Tri-Eagle Plaza along West Saanich Road, a seniors residence also in the same neighbourhood, and making its way through the municipal process is Thunderbird Building, a 5-storey, 50,000 square foot LEED Gold office project that will mark the last phase of Tri-Eagle Plaza.</p>
<p>The company is also banking on Uptown&#8217;s future as a major transit hub with the recent purchase of property bordered by the Pat Bay Highway, Rowland Avenue and Huxley Street just a stones throw to the north from the Saanich mega-project.  Tri-Eagle is partnering with Michael and David Jawl to build either condos or townhomes.</p>
<p>&#8220;BC Transit has invested heavily in property around Uptown for use as a major transit hub and the site on Rowland is perfect for a residential development with easy access to transit and alternative transportation options,&#8221; Lee said.<strong> VV</strong></p>
<p><em>To learn more about 1590 Cedar Hill X Road, follow the VibrantVictoria <a href="http://vibrantvictoria.ca/forum/showthread.php?t=5073" target="_self">discussion</a> on the project.</em></p>
<p>© Copyright 2011 by Skyscraper Source Media.  All rights reserved.</p>
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		<title>Victoria rental project sidelined in light of planned incentives</title>
		<link>http://vibrantvictoria.ca/local-news/victoria-rental-project-sidelined-in-light-of-planned-incentives/</link>
		<comments>http://vibrantvictoria.ca/local-news/victoria-rental-project-sidelined-in-light-of-planned-incentives/#comments</comments>
		<pubDate>Thu, 01 Sep 2011 22:19:09 +0000</pubDate>
		<dc:creator>Mike Kozakowski</dc:creator>
				<category><![CDATA[Business & the Local Economy]]></category>
		<category><![CDATA[Construction & Land Development]]></category>
		<category><![CDATA[Local News]]></category>
		<category><![CDATA[Real-estate]]></category>
		<category><![CDATA[Urban Issues]]></category>
		<category><![CDATA[The Cosmopolitan]]></category>

		<guid isPermaLink="false">http://vibrantvictoria.ca/?p=6808</guid>
		<description><![CDATA[Can rental housing incentives really spur new development across the City, or will City Hall's traditionally tight grip over building proposals keep derailing valuable projects?]]></description>
			<content:encoded><![CDATA[<div id="attachment_6571" class="wp-caption aligncenter" style="width: 585px"><a rel="attachment wp-att-6571" href="http://vibrantvictoria.ca/local-news/city-hall-feels-no-love-for-rental-building-amidst-tight-rental-market/attachment/the-cosmopolitan575/"><img class="size-full wp-image-6571" title="The-Cosmopolitan575" src="http://vibrantvictoria.ca/wp-content/uploads/2011/06/The-Cosmopolitan575.gif" alt="" width="575" height="402" /></a><p class="wp-caption-text">The Cosmopolitan, pictured above in an artist&#39;s rendering, was recently denied approval by City Hall despite falling within existing guidelines and promising to bring much needed rental housing to the urban core. Rendering © by Jurgen Weyland. </p></div>
<p>The City of Victoria has announced that it is considering giving builders a variety of incentives to develop more rental housing throughout the City.</p>
<p>The Times Colonist <a href="http://www.timescolonist.com/news/Building+incentives+looked+boost+rental+housing/5338558/story.html" target="_self">reported</a> on September 1st that City Hall&#8217;s incentives could come in the form of tax breaks, parking requirement reductions, density increases and fast-tracked municipal handling of applications.</p>
<p>However, for one developer who had planned to bring rental housing to the downtown core and in essence build what City Hall now says it wants to see built, talk of incentives comes two months too late.</p>
<p>Jurgen Weyland had proposed a five-storey rental and commercial building, dubbed <a href="http://vibrantvictoria.ca/?p=5501" target="_self">The Cosmopolitan</a>, in the 600-block of Fort Street on the property that once housed Lens &amp; Shutter.  Instead of an open armed welcome for proposing to build much needed rental housing when other developers were operating in a condo frame of mind, Weyland was turned away.</p>
<p>&#8220;The opposition against the Cosmopolitan was really because of Councillor  Madoff and her strong disagreement with the design, especially the  colors, and the height. The density increase was within the existing  bonus density rules of the City of Victoria for residential use but the  height was unacceptable to her,&#8221; Weyland said.</p>
<p>The City&#8217;s Planning and Land Use Sitting Committee (PLUSC) also denied the project further advancement at the municipal level with a vote of 2-to-1 against the proposal.  That decision was ultimately the last nail in the coffin, and despite The Cosmopolitan&#8217;s design falling within City Hall&#8217;s own guidelines and matching the height and size of adjacent buildings, Mayor Fortin and council would not overrule the PLUSC decision and forward the project to a public hearing.</p>
<p>The Cosmopolitan proposal brings up the question of whether City Hall and its elected representatives are ready and willing to stand behind any new incentives, or whether opposition will continue unabated.  If one councillor and two members of a City Hall committee can wield enough power to turn down a project that molds to the City&#8217;s housing plans and is architecturally in keeping with its neighbours, City Hall will need to do more than simply roll out new perks to builders.</p>
<p>Nevertheless, Weyland is hopeful that new incentives will ultimately make a difference and spur the desired interest among developers.</p>
<p>&#8220;While I am disappointed that I lost my project 2-to-1 at the PLUSC, I do  appreciate that the City now considers a rental housing incentive plan  and I am very much in favor of it,&#8221; Weyland said, adding that The Cosmopolitan has been placed &#8220;on-hold&#8221; which suggests that the project may resurface when, or rather if, the time is right.</p>
<p>&#8220;All areas of downtown need as much residential use as possible to be  vital and exciting. The economics of building new rental housing are  difficult. Every cost saving through a City incentive program helps to  make the numbers work. We should all applaud that Mayor Fortin is  promoting a rental incentive plan for Victoria.&#8221; <strong>VV</strong></p>
<p><em>To discuss The Cosmopolitan project on the VibrantVictoria discussion forum, click <a href="http://vibrantvictoria.ca/forum/showthread.php?p=166367#post166367" target="_self">here</a>.  To discuss rental housing throughout the south Island, click <a href="http://www.vibrantvictoria.ca/forum/showthread.php?p=165742" target="_self">here</a>.</em></p>
<p>© Copyright 2011 by <a href="http://vibrantvictoria.ca/" target="_self">VibrantVictoria.ca</a>.  All rights reserved.</p>
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		<title>City&#8217;s tallest building, a luxury marina and BMW dealership among latest projects in Victoria West</title>
		<link>http://vibrantvictoria.ca/local-news/citys-tallest-building-a-luxury-marina-and-bmw-dealership-among-latest-projects-in-victoria-west/</link>
		<comments>http://vibrantvictoria.ca/local-news/citys-tallest-building-a-luxury-marina-and-bmw-dealership-among-latest-projects-in-victoria-west/#comments</comments>
		<pubDate>Mon, 29 Aug 2011 23:55:36 +0000</pubDate>
		<dc:creator>Mike Kozakowski</dc:creator>
				<category><![CDATA[Business & the Local Economy]]></category>
		<category><![CDATA[Construction & Land Development]]></category>
		<category><![CDATA[Heritage]]></category>
		<category><![CDATA[Local News]]></category>
		<category><![CDATA[Real-estate]]></category>
		<category><![CDATA[Bayview Properties]]></category>
		<category><![CDATA[Bayview Residences]]></category>
		<category><![CDATA[Bosa Properties]]></category>
		<category><![CDATA[Dockside Green]]></category>
		<category><![CDATA[Johnson Street Bridge]]></category>
		<category><![CDATA[Promontory]]></category>
		<category><![CDATA[Roundhouse]]></category>
		<category><![CDATA[The Railyards]]></category>

		<guid isPermaLink="false">http://vibrantvictoria.ca/?p=6753</guid>
		<description><![CDATA[An industrial powerhouse throughout much of the 20th Century, Vic West is reclaiming its former glory with a flurry of residential and commercial developments.]]></description>
			<content:encoded><![CDATA[<div id="attachment_6770" class="wp-caption aligncenter" style="width: 585px"><a rel="attachment wp-att-6770" href="http://vibrantvictoria.ca/local-news/citys-tallest-building-a-luxury-marina-and-bmw-dealership-among-latest-projects-in-victoria-west/attachment/vic-west-from-downtown-victoria-summer-2011/"><img class="size-full wp-image-6770" title="Vic-west-from-downtown-Victoria-summer-2011" src="http://vibrantvictoria.ca/wp-content/uploads/2011/08/Vic-west-from-downtown-Victoria-summer-2011.gif" alt="" width="575" height="256" /></a><p class="wp-caption-text">Vic West&#39;s eastern shore features the Dockside Green development (before the bridge) and The Railyards (behind the bridge). Photo © by VibrantVictoria.ca.</p></div>
<p>Once an epicenter of heavy industrial operations and a maritime industry mecca, Victoria West&#8217;s (Vic West for short) waterfront properties have undergone a multi-decade transformation into desirable residential and commercial nodes across the harbour from downtown Victoria.  Although the pace of construction throughout the south Island has slowed over the last two years, development activity in Vic West remains strong as home buyers continue to flock to a neighbourhood surrounded by the sea and within easy reach of urban amenities.</p>
<p>Below is a real-estate activity update on Vic West&#8217;s industrial-turned-urban renewal projects.</p>
<p><strong>Promontory</strong><br />
The Songhees lands abutting the active Inner Harbour were the first industrial lands in Vic West to  be redeveloped.  And almost two decades later interest in the mainly residential district continues to grow.</p>
<p>Bayview Properties together with Vancouver-based Bosa Properties have teamed up to build phase two of the Bayview Victoria project located on an old helipad just a stones throw from the harbour.  The building is a 21-storey residential tower dubbed <a href="http://vibrantvictoria.ca/construction-projects/bayview-tower-ii-21-storeys-residential/" target="_self">Promontory</a> with promises of largely unimpeded views in every direction from its raised site overlooking the Songhees.  Promontory will also hold the enviable title as the City of Victoria&#8217;s tallest building, eclipsing just slightly the 1960&#8217;s-era Orchard House in James Bay.</p>
<p>Project sales manager Peter Gaby of DFH Real-Estate confirms that 63 units have already been sold since sales started in July, or roughly 36% of the tower&#8217;s 177 homes.</p>
<p>Construction is expected to begin in December of this year with completion by January 2014, Gaby says, and plans are already in the works for the third phase of Bayview which will include up to 194 units spread across 17 floors.</p>
<p><strong>Roundhouse</strong><br />
Bayview Properties has amassed over 20 acres of land between what it refers to as the Bayview (the rise above Songhees) and <a href="http://vibrantvictoria.ca/construction-projects/the-roundhouse-tower-i-21-storeys-condo/" target="_self">Roundhouse</a> (industrial railroad warehouse land) properties stretching all the way from Tyee Road in the east through to Catherine Street to the west and bound by Esquimalt and Kimta roads.</p>
<p>&#8220;Roundhouse will include four residential towers and a hotel. [Bayview Properties] is preparing for a start to the project within two-to-three years,&#8221; Gaby said.  The Roundhouse towers will scale up to <a href="http://vibrantvictoria.ca/construction-projects/the-roundhouse-tower-i-21-storeys-condo/" target="_self">23-floors</a> and the development includes refurbishment of the historic roundhouse building and an integration of railroad activities throughout the property.</p>
<p><strong>Victoria International Marina</strong><br />
Along the shore of the Songhees between Cooperage Place and Paul Kane Place the <a href="http://vibrantvictoria.ca/forum/showthread.php?t=2781" target="_self">Victoria International Marina</a> project is in the final stage of approvals and construction on the 29 yacht slips for vessels ranging from 65 to 150 feet, together with two single-storey buildings at the end of either street, is expected to begin in 2012.  The marina has been part of the master plan of the Songhees since the 1980&#8217;s and after two decades the project is finally moving ahead with recently acquired approvals from the provincial government and local First Nation&#8217;s.  Municipal approval is still pending although it is expected to be granted soon, and federal approvals are expected by the end of the summer.</p>
<div id="attachment_6761" class="wp-caption aligncenter" style="width: 585px"><a rel="attachment wp-att-6761" href="http://vibrantvictoria.ca/local-news/citys-tallest-building-a-luxury-marina-and-bmw-dealership-among-latest-projects-in-victoria-west/attachment/victoria-international-marina-aug-2011/"><img class="size-full wp-image-6761" title="Victoria-International-Marina-Aug-2011" src="http://vibrantvictoria.ca/wp-content/uploads/2011/08/Victoria-International-Marina-Aug-2011.gif" alt="" width="575" height="262" /></a><p class="wp-caption-text">The Victoria International Marina will provide moorage for 29 yachts along the Songhees shoreline.  Image © by WAM Development Group.</p></div>
<p><strong>BMW and Mini dealership</strong><br />
Immediately south of Bayview at Tyee and Esquimalt roads a warehouse once occupied by a food distributor has been demolished and work is moving forward on a <a href="http://vibrantvictoria.ca/forum/showthread.php?t=4304" target="_self">BMW and Mini  dealership</a>.  The project calls for a modern showroom structure together with a tasteful redesign of the vehicle lot.</p>
<p><strong>Dockside Green</strong><br />
Across the street from the BMW dealership the globally recognized <a href="http://vibrantvictoria.ca/forum/showthread.php?t=1258" target="_self">Dockside Green</a> project is officially taking a break with the proponent speculating that it could be some time before construction resumes at the ultra-green mixed-use residential, commercial and office mega-project.</p>
<p>&#8220;Right now, we&#8217;re focused on selling remaining suites (currently there are 2 residential suites remaining) and ensuring the needs of existing residents are met,&#8221; states a paragraph in a <a href="https://victoria.civicweb.net/FileStorage/77A35E77C4F64A699ADDF9EA87227756-WorkspaceAddendum%20-%202010%20Annual%20Dockside%20Green%20Rep.pdf" target="_blank">report</a> supplied to Victoria City Council on the progress of Dockside Green.</p>
<p>Real-estate insiders believe that Dockside Green developer, Vancouver-based VanCity credit union, is on the lookout for partners or potential buyers for some parcels of land and until a partnership is forged it is unlikely that a construction start will be announced any time soon.</p>
<p><strong>The Railyards</strong><br />
Immediately to the north of Dockside Green the vibrant <a href="http://vibrantvictoria.ca/forum/showthread.php?t=2195&amp;page=4" target="_self">Railyards</a> development (not to be confused with the Roundhouse project) continues to bring new product to the market and residents to the area.  Currently 28 waterfront townhomes are under construction and earlier in the year a four-storey condo, dubbed Bond&#8217;s Landing, was built.  Bond&#8217;s Landing II is already in planning although no start date for sales or construction has been announced.</p>
<p><strong>Johnson Street Bridge</strong><br />
The $77-million <a href="http://vibrantvictoria.ca/forum/showthread.php?t=4987&amp;page=7" target="_self">Johnson Street Bridge replacement project</a> promises to deliver a modern and seismically sound gateway to Vic West from downtown Victoria.  Planned to replace the aging Joseph Strauss (of San Francisco&#8217;s Golden Gate Bridge fame) designed bascule bridge, the new project received $21-million in federal funding and monies from the Capital Regional District&#8217;s gas tax fund.  Billed as one of the most controversial undertakings by the City of Victoria in decades, many in the community felt that refurbishment was a more economically-feasible option and would preserve a historic structure that is unique to the City.</p>
<p>Nonetheless, the public got the chance to vote on whether to replace or refurbish the bridge and the decision was made to replace given the benefits of a 100-year lifespan for replacement and the opportunities a new bridge presented for multi-modal usage.  However, as the publisher of local magazine Focus writes in a <a href="http://www.focusonline.ca/?q=node/261" target="_self">piece for the September 2011 issue</a>, the bridge design and life expectancy appears to be changing and neither the public nor politicians are aware of the latest revisions. <strong>VV</strong></p>
<p><em>To stay up to date on the latest news and updates on projects in Victoria West, refer to the <a href="http://vibrantvictoria.ca/forum/forumdisplay.php?f=57" target="_self">Victoria Construction and Land Development &#8211; The Core</a> sub-forum on the VibrantVictoria forum, and select a project of interest.  Completed projects can be found in the <a href="http://vibrantvictoria.ca/forum/forumdisplay.php?f=83" target="_self">Completed and Canceled Projects sub-forum</a>.</em></p>
<p>© Copyright 2011 by <a href="http://vibrantvictoria.ca/" target="_self">VibrantVictoria.ca</a>.  All rights reserved.</p>
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		<title>As tower tops out, developer readies to break ground on next project</title>
		<link>http://vibrantvictoria.ca/local-news/as-tower-tops-out-developer-readies-to-break-ground-on-next-project/</link>
		<comments>http://vibrantvictoria.ca/local-news/as-tower-tops-out-developer-readies-to-break-ground-on-next-project/#comments</comments>
		<pubDate>Thu, 09 Jun 2011 19:42:34 +0000</pubDate>
		<dc:creator>Mike Kozakowski</dc:creator>
				<category><![CDATA[Business & the Local Economy]]></category>
		<category><![CDATA[Construction & Land Development]]></category>
		<category><![CDATA[Local News]]></category>
		<category><![CDATA[Real-estate]]></category>
		<category><![CDATA[Chard Development]]></category>
		<category><![CDATA[The 834]]></category>
		<category><![CDATA[The Sovereign]]></category>

		<guid isPermaLink="false">http://vibrantvictoria.ca/?p=6580</guid>
		<description><![CDATA[Developer to celebrate final concrete pour on third downtown highrise project and launch excavation of fourth tower]]></description>
			<content:encoded><![CDATA[<div id="attachment_6474" class="wp-caption aligncenter" style="width: 490px"><a rel="attachment wp-att-6474" href="http://vibrantvictoria.ca/local-news/downtown-victoria-condo-and-rental-projects-take-off/attachment/the834may12_2011/"><img class="size-full wp-image-6474" title="The834May12_2011" src="http://vibrantvictoria.ca/wp-content/uploads/2011/05/The834May12_2011.gif" alt="" width="480" height="720" /></a><p class="wp-caption-text">The 834, a 14-storey condo tower on Johnson Street, officially tops out this Friday.  Photo © by VibrantVictoria.ca.</p></div>
<p>Developer Dave Chard will celebrate the &#8220;topping out&#8221; of his 115-unit, 14-storey, The 834 condo tower at 834 Johnson Street, then make his way across downtown to officially launch the excavation of The Sovereign, a 36-unit, 11-storey, luxury low-rise at 608 Broughton Street.</p>
<p>The topping-out and groundbreaking ceremonies are scheduled for Friday afternoon and will be attended by the Mayor of Victoria, city councillors and representatives from several partner organizations involved with Chard&#8217;s projects.</p>
<p>Chard is perhaps the most prolific developer in Victoria&#8217;s downtown core with two recently completed highrises (12-storey Corazon on Cormorant Street and 14-storey Juliet on Johnson Street), one nearing the end of construction and another to launch on Friday.  A fifth project in James Bay, an 8-storey residential building across the street from Victoria&#8217;s tallest condo tower on Michigan Street, is currently in the planning phase. <strong>VV</strong></p>
<p><em>To learn more about The 834, view VibrantVictoria&#8217;s Major Construction Projects entry <a href="http://vibrantvictoria.ca/construction-projects/the-834-14-storeys-40-7m-condo/" target="_self">here</a>.  To learn more about The Sovereign, click <a href="http://vibrantvictoria.ca/construction-projects/the-sovereign-11-storeys-residential-commercial/" target="_self">here</a>.  To discuss the Sovereign on VibrantVictoria&#8217;s discussion forum, click <a href="http://www.vibrantvictoria.ca/forum/showthread.php?t=2148&amp;page=8" target="_self">here</a>, and <a href="http://www.vibrantvictoria.ca/forum/showthread.php?t=1215&amp;page=17" target="_self">here</a> for a discussion on The 834.</em></p>
<p>© Copyright 2011 by <a href="http://vibrantvictoria.ca/" target="_self">VibrantVictoria.ca</a>.  All rights reserved.</p>
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		<title>City Hall feels no love for rental building amidst tight rental market</title>
		<link>http://vibrantvictoria.ca/local-news/city-hall-feels-no-love-for-rental-building-amidst-tight-rental-market/</link>
		<comments>http://vibrantvictoria.ca/local-news/city-hall-feels-no-love-for-rental-building-amidst-tight-rental-market/#comments</comments>
		<pubDate>Tue, 07 Jun 2011 23:25:49 +0000</pubDate>
		<dc:creator>Mike Kozakowski</dc:creator>
				<category><![CDATA[Business & the Local Economy]]></category>
		<category><![CDATA[Construction & Land Development]]></category>
		<category><![CDATA[Local News]]></category>
		<category><![CDATA[Real-estate]]></category>
		<category><![CDATA[Planning and Land Use Committee]]></category>
		<category><![CDATA[The Cosmopolitan]]></category>
		<category><![CDATA[The Sovereign]]></category>

		<guid isPermaLink="false">http://vibrantvictoria.ca/?p=6568</guid>
		<description><![CDATA[Low rental vacancy rates are not enough to persuade City Hall committee to back mixed-use building proposal with some 50 rental units.]]></description>
			<content:encoded><![CDATA[<p>In a city notorious for low rental vacancy rates, the City of Victoria&#8217;s Planning and Land Use Committee (PLUSC) voted down 2-to-1 developer Jurgen Weyland&#8217;s proposal for a five-storey mixed-use rental and commercial building in the 600 block of Fort Street.</p>
<p>&#8220;[The Cosmopolitan] was turned down&#8230; because of height and density,&#8221; wrote Weyland in an email to VibrantVictoria.</p>
<div id="attachment_6571" class="wp-caption aligncenter" style="width: 585px"><a rel="attachment wp-att-6571" href="http://vibrantvictoria.ca/local-news/city-hall-feels-no-love-for-rental-building-amidst-tight-rental-market/attachment/the-cosmopolitan575/"><img class="size-full wp-image-6571" title="The-Cosmopolitan575" src="http://vibrantvictoria.ca/wp-content/uploads/2011/06/The-Cosmopolitan575.gif" alt="" width="575" height="402" /></a><p class="wp-caption-text">The Cosmopolitan, pictured above in an artist&#39;s rendering, had undergone design changes under the direction of City Hall.  The project&#39;s future is now in limbo.  Image supplied.</p></div>
<p>The Cosmopolitan, as the project is dubbed, includes some 50 rental units over four floors situated above a double-height commercial groundfloor space.  The height of the building, at just over 20 meters, would be virtually equal to the adjacent Yarrow Building.</p>
<p>Although the project physically &#8220;fits&#8221; into the scale of the neighbourhood and would provide much-needed rental housing in the downtown core, the PLUSC felt otherwise.  However, city councillors still have the last word and may decide to negate the PLUSC&#8217;s decision.</p>
<p>&#8220;Under the City of Victoria Governance model, as I understand it, the [project] goes automatically to the next council meeting and if the decision is confirmed the project will suffer a sudden death,&#8221; Weyland said.</p>
<p>If council sides with the PLUSC, the developer will likely move forward with a custom-built one or two-storey commercial structure with &#8220;a brick façade, in earth tones,&#8221; which Weyland believes will likely be a more fitting development in the eyes of City Hall.</p>
<p>Meanwhile across the block and directly south of the Cosmopolitan property, at 608 Broughton Street, developer Dave Chard will soon commence excavation work on an 11-storey luxury condo dubbed <a href="http://vibrantvictoria.ca/construction-projects/the-sovereign-11-storeys-residential-commercial/" target="_self">The Sovereign</a>.  The Sovereign will stand nearly twice the height of The Cosmopolitan. <strong>VV</strong></p>
<p><em>To learn more about The Cosmopolitan, refer to the <a href="http://vibrantvictoria.ca/construction-projects/the-cosmopolitan-residential-commercial/" target="_self">project&#8217;s entry</a> in the Major Construction Projects list.  To follow the project&#8217;s latest advancements at City Hall, refer to <a href="http://vibrantvictoria.ca/forum/showthread.php?t=4980&amp;page=5" target="_self">this thread</a> on the VibrantVictoria discussion forum.</em></p>
<p>Copyright © 2011 by <a href="http://vibrantvictoria.ca/" target="_self">VibrantVictoria.ca</a>.  All rights reserved.</p>
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		<title>15-storey residential tower to go before Planning &amp; Land Use Committee</title>
		<link>http://vibrantvictoria.ca/local-news/15-storey-residential-tower-to-go-before-planning-land-use-committee/</link>
		<comments>http://vibrantvictoria.ca/local-news/15-storey-residential-tower-to-go-before-planning-land-use-committee/#comments</comments>
		<pubDate>Mon, 16 May 2011 23:05:14 +0000</pubDate>
		<dc:creator>Mike Kozakowski</dc:creator>
				<category><![CDATA[Business & the Local Economy]]></category>
		<category><![CDATA[Construction & Land Development]]></category>
		<category><![CDATA[Heritage]]></category>
		<category><![CDATA[Local News]]></category>
		<category><![CDATA[Real-estate]]></category>
		<category><![CDATA[726-746 Yates Street]]></category>
		<category><![CDATA[Concert Properties]]></category>

		<guid isPermaLink="false">http://vibrantvictoria.ca/?p=6515</guid>
		<description><![CDATA[157-unit residential tower with groundfloor retail is proposed for an empty lot on Yates Street between Douglas and Blanshard.]]></description>
			<content:encoded><![CDATA[<div id="attachment_3397" class="wp-caption aligncenter" style="width: 585px"><a rel="attachment wp-att-3397" href="http://vibrantvictoria.ca/local-news/condos-to-replace-offices-as-developer-switches-course/attachment/concert-property-office-to-residential/"><img class="size-full wp-image-3397" title="Concert-property-office-to-residential" src="http://vibrantvictoria.ca/wp-content/uploads/2010/06/Concert-property-office-to-residential.gif" alt="" width="575" height="417" /></a><p class="wp-caption-text">This empty lot at 726-746 Yates Street is the focus of a proposal for a 15-storey residential tower. Photo © by VibrantVictoria.ca.</p></div>
<p>A proposal for a 15-storey residential tower with groundfloor retail at 726-746 Yates Street will go before the Planning and Land Use Committee at Victoria City Hall this Thursday.</p>
<p>Staff are expected to support the project and developer Concert Properties of Vancouver anticipates a granting of the development permit by council in June.</p>
<p>Brent Beatson of Concert Properties says that if all approvals are in order by the summer, a marketing launch will be targeted for the fall with construction starting in 2012.</p>
<p>The 157-unit tower is aimed at buyers seeking smaller, more affordable inner city homes.  Unlike the luxury condo market that has <a href="http://vibrantvictoria.ca/local-news/365-waterfront-latest-condo-to-slash-prices/" target="_self">struggled</a> in the current economic climate, smaller, more affordable homes continue to pique the interest of potential buyers that are able to mortgage a home at or below rental rates.</p>
<p>&#8220;We&#8217;re looking at compact, efficient suites that are value driven,&#8221; Beatson said.  &#8220;Most units will be studios and one-bedrooms, but with 157 units available we also have the flexibility to include a wider range of options.&#8221;</p>
<p>The residential tower was originally conceived as a 12-storey, 48-meter tall <a href="http://vibrantvictoria.ca/local-news/condos-to-replace-offices-as-developer-switches-course/" target="_self">office building</a>.  With the economic downturn several commercial projects, including Concert&#8217;s proposal, were canceled or await anchor tenants.  Concert, however, saw value in the Yates Street property and opted to completely rethink its plans rather than wait for a commercial market turnaround.</p>
<p>&#8220;The office proposal was 12-storeys tall and each floor had a high ceiling.  While keeping within the existing zoning, we were able to redesign the building to be 15-floors with shorter ceilings and still fall under the zoned height of 48-meters,&#8221; said Beatson.</p>
<p>Concert&#8217;s plans for the property include a substantial widening of Millie&#8217;s Lane between Yates and Johnson streets to permit a clear line of site between both alley entrances, and a public plaza much like the one envisioned for a previous proposal on the site (dubbed then as <a href="http://vibrantvictoria.ca/forum/showthread.php?t=1207" target="_self">The Mozart</a>).</p>
<p>&#8220;We&#8217;ll be doing a lot of work around the site to enhance the immediate area including the preservation and restoration of the heritage façade of the English candy shop at 738 Yates.  In fact the façade will be refurbished back to its original 1905 design and that will require recreating a lot of building elements that are no longer part of the existing façade,&#8221; said Beatson.</p>
<p>In recent years Concert Properties has played an active role throughout the urban core of Victoria with construction projects in downtown Victoria, Fairfield and most recently in Burnside&#8217;s Selkirk Waterfront neighbourhood.  726-746 Yates will be Concert&#8217;s sixth development site in Victoria. <strong>VV</strong></p>
<p><em>To discuss 726-746 Yates on the VibrantVictoria discussion forum, click <a href="http://vibrantvictoria.ca/forum/showthread.php?t=3595&amp;page=5" target="_self">here</a>.</em></p>
<p>Copyright © 2011 by <a href="http://vibrantvictoria.ca/" target="_self">VibrantVictoria.ca</a>.  All rights reserved.</p>
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