12 replies to this topic

[Rob Randall]

This was the site of the old Coit Cleaners in the 1000 block Yates.



Architect Herb Kwan drew up plans for a 29 unit condo building with ground floor retail. Excavation began a couple of years ago but halted soon after. The property has been on the market ever since. This site shows an asking price of $1.75 million for the lot but Colliers (.pdf) had it for $1.64 million at one point before marking it down to $990,000.

Unfortunately, a commercial building was demolished and we are left with another unsightly hole in Downtown. I hope this project is resurrected soon.

[Ms. B. Havin]

^ Is this the property E. of Moxie's and the high-end plumbing place?

[Rob Randall]

Yes it is. See the photos in the first link.

[G-Man]

Strangely enough there was action on this site with new fence up and some sort of plastic on the site.

[gstc84]

^ I noticed a week or two ago the fence was broken, like someone had busted through. Guess they just had to replace it for safety reasons.

[aastra]

...like someone had busted through...

Or maybe like something had busted...out??

[VicHockeyFan]

http://maps.google.c...=12,320.35,,0,0

For a second I thought I spotted activity here, but maybe no.

[Hotel Mike]

Thanks for posting the photo VHF. There is equipment on site. Does that mean action is imminent?

[G-Man]

Yeah they have been moving dirt around for the last couple of weeks it seems. Not sure if anything is approved for building though.

[Mike K.]

Dirt has moved around on that site several times in the past. An excavator even sat on the property for what seemed like an entire year.

[Mike K.]

A dump truck has struck a utility pole outside this property as crews work to fill the excavated lot. It can be seen listing quite a bit, although it is stabilized. Crews are expected on-scene soon to determine the next course of action, however, dump trucks continue coming and going for the time-being.

The property is now owned by the City of Victoria following a recent purchase from a private land owner.

Photos on VV's Facebook page: https://m.facebook.c...id=182655059361

[Rob Randall]

Why would the City spend a million dollars on a troubled vacant lot? It seems more likely it was forfeited for non-payment of taxes. It's a great site with lots of potential.

[Coreyburger]

Why would the City spend a million dollars on a troubled vacant lot? It seems more likely it was forfeited for non-payment of taxes. It's a great site with lots of potential.

 

Forfeited for non-payment of taxes would mean it went to tax auction (that is my understanding at least)