"How many people showed up to the open house and community meeting?"
"Ah, about seven or eight, sir. Seems most residents aren't interested."
"WELL, MAKE THEM INTERESTED, GODDAMMIT".
CANCELLED 926-932 Pandora Avenue Uses: condo, commercial Address: 926-932 Pandora Avenue Municipality: Victoria Region: Downtown Victoria Storeys: 10 Condo units: (studio/bachelor, 1BR, 2BR, 3BR, townhome, 1BR + den, 2BR + den) Sales status: in planning |
Posted 30 April 2019 - 11:12 AM
"How many people showed up to the open house and community meeting?"
"Ah, about seven or eight, sir. Seems most residents aren't interested."
"WELL, MAKE THEM INTERESTED, GODDAMMIT".
Posted 30 April 2019 - 11:20 AM
I've always maintained this one was going to have a tough road to approval and it seems I may be right.
Posted 01 May 2019 - 07:09 AM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 01 May 2019 - 07:10 AM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 01 May 2019 - 07:25 AM
...Ultimately the sentiment of the evening was that the building was too bourgeoise for the neighbourhood..
Yeah it's hard to compete with the ambience of the 900 block of Pandora.
Posted 01 May 2019 - 07:37 AM
Wouldn't be surprised to see this project scraped with rising construction costs and falling real estate prices. Who is going to buy a condo for say 400k today only to have it worth 350k when you take possession. Makes no sense
Posted 01 May 2019 - 07:39 AM
I can't see anything but a rental project getting approved for this location.
Posted 01 May 2019 - 07:44 AM
Who is going to buy a condo for say 400k today only to have it worth 350k when you take possession. Makes no sense
Nobody, because condo values will be higher by the time the project is completed
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 01 May 2019 - 08:25 AM
^I guess you don't remember 2008/09. People were just walking away from their deposits because it was cheaper and developers were on TV threatening to sue to enforce the sale contracts
Posted 01 May 2019 - 08:38 AM
Oh I sure remember, but comparing a global financial implosion to today's market is like saying a bar fight is equivalent to WWII.
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 01 May 2019 - 08:38 AM
Has anybody seen signs of the condo resale market slowing down? Units in my building, which was completed in 2017, are selling for 30-40% more than we paid in 2016. There's a comparable unit for sale in the neighbouring building under construction (Olivia) which is asking for $200k more (or 50+% more!) than we paid in 2016.
We probably wouldn't be able to afford to buy a unit in our own building, only two years later.
Posted 01 May 2019 - 08:40 AM
Not at all. If anything it's heating up as more and more people transition their pursuit of a single-family-home or a townhome to a condo. I'm hearing of bidding wars on inventory priced from $350-$550k.
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 01 May 2019 - 10:14 AM
Oh I sure remember, but comparing a global financial implosion to today's market is like saying a bar fight is equivalent to WWII.
I am not convinced prices will be higher. Average SFH house prices are down 25k year over year. Condo prices are flat
Posted 01 May 2019 - 11:43 AM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 01 May 2019 - 03:47 PM
your opinion, I could see it. we did have a massive run up very recently
Posted 30 October 2019 - 08:35 PM
Posted 05 March 2020 - 12:13 PM
Is this still sitting in limbo with the CoV?
Posted 25 March 2020 - 01:40 PM
I am not so sure. This is a difficult part of town and any life there would be an improvement.
lots of life today!
video: https://twitter.com/...880183889059840
Edited by Victoria Watcher, 25 March 2020 - 01:43 PM.
Posted 09 May 2020 - 06:53 AM
An aerial view of the 900-block of Pandora Avenue, with a duo of parcels recently acquired by the City of Victoria outlined in blue at 926 and 932 Pandora Avenue.
City of Victoria acquires Pandora Avenue land holdings across from Our Place shelter
https://victoria.cit...-place-shelter/
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