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$4M or so, I'll try to dig up the actual listing...
Street View
[Vic West] BMW / Mini dealership | Built - completed in 2012
Started by
VicHockeyFan
, Jan 14 2010 03:37 PM
196 replies to this topic
#2
victorian fan
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Posted 14 January 2010 - 06:26 PM
I'd guess that's a prime location.
#3
Holden West
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Va va voom!
Posted 14 January 2010 - 06:34 PM
Wow, that's a profoundly key piece of property right now. I think the City should snatch it up right now before someone else does and proposes something that could interfere with future plans. They could always subdivide anything unwanted or do a swap with other nearby waterfront (which will likely be redeveloped anyway.)
"Beaver, ahoy!""The bridge is like a magnet, attracting both pedestrians and over 30,000 vehicles daily who enjoy the views of Victoria's harbour. The skyline may change, but "Big Blue" as some call it, will always be there."
-City of Victoria website, 2009
-City of Victoria website, 2009
#4
CharlieFoxtrot
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Posted 14 January 2010 - 06:56 PM
Word on the street is that the land is contaminated (a la Dockside and most of the Vic West shoreline)...or *was* until it was cleaned up in the past to the since-changed-and-now-more-stringent BC Environmental Assessment standards. This is all good as long as any development/building occurs on the existing building footprint (not unlike a grandfathered-in setback).
Apparently, if the building footprint changes (ie, knock down the warehouse and build some towers or what have you), then apparently the BCEA Certificate of Compliance is re-opened and the land would then have to be brought up to current standards.
That could be some pricey fun....
Apparently, if the building footprint changes (ie, knock down the warehouse and build some towers or what have you), then apparently the BCEA Certificate of Compliance is re-opened and the land would then have to be brought up to current standards.
That could be some pricey fun....
#5
concorde
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Posted 14 January 2010 - 10:11 PM
I believe Great West Life is the current owner. They had wanted to build condos on the site during the boom, but had given up a few years ago when the market started to collapse
#6
VicHockeyFan
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Posted 14 January 2010 - 10:24 PM
VIC WEST INDUSTRIAL SITE UP FOR SALE
http://cfax1070.com/...hp?newsId=12019
Jan 14, 2010
A HIGH PROFILE INDUSTRIAL PROPERTY IN VIC WEST IS UP FOR SALE...ASKING PRICE 4 1/4 MILLION DOLLARS.
[...]
#7
Szeven
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Posted 10 February 2010 - 02:21 PM
fwiw, 3 men in black suits walking around at 2pm today...
#9
ressen
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Posted 10 February 2010 - 07:13 PM
This would be an ideal site for something touristy like the kids museum or the wax museum.
4.25 mill did seem kind of cheap...the clean up would explain that. If I won the lotto I would buy it and leave it mostly as it is and then turn it in to be the 'Victoria Flea Market'
#10
VicHockeyFan
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Posted 10 February 2010 - 07:17 PM
This would be an ideal site for something touristy like the kids museum or the wax museum.
Oh, I dunno. It's hard enough to get tourists to walk all the way to Chinatown, I don't think they'll cross a bridge to get to a place they can not see from the downtown side.
Didn't the train guy bemoan the fact he got no walk-up traffic? And he had a train car staring at people across the big Wharf/Pandora/Johnson intersection.
#12
VicHockeyFan
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Posted 11 February 2010 - 07:32 PM
Build it and they will come
BC Experience?
#13
ressen
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Posted 11 February 2010 - 10:20 PM
I think that the Wax Museum has been around long enough to have proven itself as a viable tourist attraction. People are willing to drive forty minutes out a highway, past an industrial zone and down a windy road to see a garden. If they had an interest in wax figures they would probably be willing to walk over an old decrepit bridge to get to a museum, especially if there was a continuous waterfront walk way to get there.
#14
VicHockeyFan
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Posted 11 February 2010 - 10:23 PM
I think that the Wax Museum has been around long enough to have proven itself as a viable tourist attraction. People are willing to drive forty minutes out a highway, past an industrial zone and down a windy road to see a garden. If they had an interest in wax figures they would probably be willing to walk over an old decrepit bridge to get to a museum, especially if there was a continuous waterfront walk way to get there.
Maybe if part of the property was a phone-booth museum. resssen, you're in charge of exhibit procurement.
#15
Linear Thinker
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Posted 10 May 2010 - 11:22 AM
I saw 2 "suits", each with a cell glued to an ear and their black Benz there this morning.fwiw, 3 men in black suits walking around at 2pm today...
Collier's still lists it for sale at $4.25M
#16
Kapten Kapsell
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Posted 20 July 2010 - 12:04 PM
A development permit for this property will be considered by the Land Use & Planning Committee on Thursday. I wonder what's proposed for this site...?
#17
Linear Thinker
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- LocationWork from home, Live in Fairfield
Posted 21 July 2010 - 11:42 AM
BMW / Mini dealership using existing building footprintA development permit for this property will be considered by the Land Use & Planning Committee on Thursday. I wonder what's proposed for this site...?
#18
VicHockeyFan
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Posted 21 July 2010 - 12:02 PM
BMW / Mini dealership using existing building footprint
YES! A near-waterfront car dealership! In all seriousness though, if no other buyer has grander dreams, I say go for it, it's private property....
<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>
#19
VicHockeyFan
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Posted 22 July 2010 - 09:02 AM
Passed whatever vote they had this morning.
<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>
#20
Bernard
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Posted 22 July 2010 - 09:17 AM
BMW / Mini dealership using existing building footprint
Hardly an ideal location in my opinion, but no one else was offering to do anything.
The land should have remained industrial and not been available to be used for non industrial uses unless at least as much land was made available elsewhere in the CRD for industrial uses.
The one upside is that this means one less car dealer on Yates, one assumes some higher and better use will be made of the existing car lot at Yates and Cook
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