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A proposal to redevelop the Victoria Plaza Hotel in downtown Victoria is envisioned a six-storey new-build win... (view full profile)
Learn more about Victoria Plaza Hotel on Citified.ca

[Downtown Victoria] Victoria Plaza Hotel (aka Monty's) Redevelopment | Condos | Cancelled in 2019

Started by VicHockeyFan , May 10 2007 07:29 AM

Condo Commercial

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847 replies to this topic

#441 VicHockeyFan

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Posted 07 July 2016 - 08:45 AM

Throwback Thursday. 5 years ago this week...

Prospective purchasers of Monty’s and Plaza Hotel envision change - Victoria News

MORE: http://www.vicnews.c.../125110278.html

"I don’t need a middle person in my pizza slice transaction" - zoomer, April 17, 2018

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#442 Rob Randall

Member
16,310 posts

Posted 07 July 2016 - 08:57 AM

^Change envisioned; stagnation encountered.

Nparker and Hotel Mike like this

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#443 Nparker

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40,691 posts

Posted 07 July 2016 - 09:31 AM

^Change envisioned; stagnation encountered.

Is that on the official seal of the City of Victoria?

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#444 Mike K.

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83,482 posts

Posted 01 August 2016 - 12:01 PM

The building has sold. Details to come.

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#445 thundergun

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1,172 posts

LocationVictoria

Posted 02 August 2016 - 08:32 AM

Amazing news. This building has been an eyesore for so long and really hurts the connection between Chinatown/Pandora and LoJo. Looking forward to seeing what it will become.

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#446 VicHockeyFan

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Posted 02 August 2016 - 08:39 AM

Amazing news. This building has been an eyesore for so long and really hurts the connection between Chinatown/Pandora and LoJo. Looking forward to seeing what it will become.

What if we find out the province bought it for low barrier housing?

"I don’t need a middle person in my pizza slice transaction" - zoomer, April 17, 2018

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#447 Mike K.

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Posted 02 August 2016 - 08:46 AM

They didn't. I've got details coming soon.

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#448 HB

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7,975 posts

Posted 02 August 2016 - 08:59 AM

I heard it was an investment group from Vancouver and the plan is to tear it down.

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#449 Nparker

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Posted 02 August 2016 - 09:00 AM

I heard it was an investment group from Vancouver and the plan is to tear it down.

That may be the plan, but will the City allow that?

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#450 AllseeingEye

AllSeeingEye

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6,589 posts

Posted 02 August 2016 - 09:03 AM

That may be the plan, but will the City allow that?

Exactly; or will we be stuck with another Pam-inspired and backed Victoria "3-storey special"? Something *great* needs to happen in this block.....

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#451 VicHockeyFan

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Posted 02 August 2016 - 09:16 AM

That may be the plan, but will the City allow that?

Not the front facade, I don't think. But they can work around that.

"I don’t need a middle person in my pizza slice transaction" - zoomer, April 17, 2018

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#452 RFS

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Posted 02 August 2016 - 09:21 AM

Nothing about this property is worth saving

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#453 HB

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Posted 02 August 2016 - 09:28 AM

The facade of the original Westholme Hotel fronting government st will be saved

I am also hoping and will demand that all of the purple sidewalk prisms will be saved and incorporated into the sidewalk
Currently they are there but covered with the current concrete sidewalks

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#454 Mike K.

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83,482 posts

Posted 02 August 2016 - 11:40 AM

Shuttered downtown Victoria hotel purchased by North Vancouver-based developer

http://victoria.citi...ased-developer/

Downtown Victoria’s shuttered Victoria Plaza Hotel complex at the nexus of Government Street and Pandora Avenue, once home to Monty’s Showroom Pub, Cabin 12 eatery and various nightclubs, has been sold to North Vancouver-based Pacific Gate Investment.

The four-storey hotel, built in 1911 as the Westholme Hotel, has sat vacant for several years following a failed attempt by now-defunct developer League Assets Corporation to restore a portion of the building and add a six-storey new-build wing along the northern edge of the property. Plans called for 106 condo residences and nearly 7,600 square feet of ground floor commercial space. [Full article]

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#455 dasmo

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Posted 02 August 2016 - 12:13 PM

This would be a huge plus for this zone! Let's hope it happens.

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#456 lanforod

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LocationSaanich

Posted 02 August 2016 - 12:39 PM

Can Pacific Gate just take what League had planned and run with that or do they need to start from scratch?

What's an appropriate height for this area? I don't see this being a good spot for a 20+ storey building. 8-10?

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#457 Mike K.

Administrator
83,482 posts

Posted 02 August 2016 - 01:47 PM

I'll be on CFAX at 3PM today discussing the purchase.

There are issues with this property that will need to be dealt with, namely soil conditions. It's too early to say whether they'll take what League secured through their rezoning run, but I would be surprised if they went ahead exactly as League had intended. They'll have to assess what the purchase+site prep costs are and whether they can make it work with 106 condos and 7,600 square feet of commercial space.

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#458 Mixed365

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Posted 02 August 2016 - 03:19 PM

I'll be on CFAX at 3PM today discussing the purchase.

There are issues with this property that will need to be dealt with, namely soil conditions. It's too early to say whether they'll take what League secured through their rezoning run, but I would be surprised if they went ahead exactly as League had intended. They'll have to assess what the purchase+site prep costs are and whether they can make it work with 106 condos and 7,600 square feet of commercial space.

Link?

“To understand cities, we have to deal outright with combinations or mixtures of uses, not separate uses, as the essential phenomena.”
- Jane Jacobs

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#459 Mike K.

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83,482 posts

Posted 03 August 2016 - 08:12 AM

CFAX is reporting Ocean Gate Developments Ltd. Never heard of that firm, and until yesterday there has been no news published about the company. I believe Pacific Gate Investment, which my source said was the purchaser, is also the operator of Ocean Gate Developments.

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