While the common consensus may be that new rental housing units have only started coming online over the last year or two, there's been quite a significant push for rental housing stretching back to the beginning of the decade.
Hudson Walk One and Two (at right and at left, respectively) at downtown Victoria's Hudson District are comprised of 284-units of purpose-built rental housing. Hudson Walk One was completed in 2016, while Hudson Walk Two is currently nearing occupancy on Caledonia Avenue at Blanshard Street.
Victoria rental unit round-up: thousands built since 2010, thousands more underway and planned
Thousands of purpose-built rental units have been added to the Capital Region’s housing stock since 2010 and thousands more are on the way, according to Citified’s data.
Over the last seven years alone some 700-units of subsidized, affordable and supportive housing were created throughout Greater Victoria while hundreds more are currently under construction or planned for completion by 2019.
And a relatively new phenomenon has also taken hold in Victoria that’s seen aging transient inventory converted into both luxury and subsidized rental accommodations.
The Queen Victoria Inn and the Dominion Hotel were transformed into rental apartments in 2014 and 2015 yielding 124 and 97-units, respectively. Another 200-odd hotel units are in the process of being upgraded into rentals at the Harbour Towers hotel complex in James Bay, while several hundred former motel and hotel suites along Gorge Road East and upper Douglas Street were also transitioned into various strata of rental housing. Esquimalt’s EconoLodge Inn & Suites on Craigflower Road at Admirals Road is currently undergoing a phased conversion into 96-units of rental housing, and the former Tally-Ho Hotel complex on Douglas Street near Finlayson Street will soon be turned into over 50-units of supportive housing for hard-to-house individuals. [Full article]