Site-prep for upcoming downtown office tower begins
Environmental testing and general clean-up at the site of a proposed downtown office tower have begun.
Last week crews began pumping out a pool of water that had collected in the middle of the property at 726-746 Yates Street in preparation for this morning’s preliminary geotechnical investigative work.
Rezoning for the tower was approved in March and allotted for an increase in density and additional uses. The only step left in the municipal process, says Jennifer Mitchell of Concert Properties, is receiving a development permit.
The 12-storey (47.1 meter), 12,000 sq. meter project will include the preservation of the heritage facade of the “English Sweet Shop Building” at 738-740 Yates Street. The portion of Millie’s Lane which fronts onto Yates Street will also be widened to incorporate landscaping improvements.
Site clean-up and environmental testing have begun at the location of an upcoming downtown office tower. Photo © by VibrantVictoria.ca.
Concert Properties has completed several major construction projects in the City that include the Humboldt Valley’s 16-storey Victoria Marriott Inner Harbour hotel and the 20-storey Astoria and 15-storey Belvedere condominiums. Other projects include a 6-storey condominium at the Selkirk Waterfront development along the Upper Harbour and the 6-storey Chelsea luxury residences in Fairfield.
This tower will be Concert’s first office development in Victoria, although the company owns the adjacent 712 Yates property.
To follow the Concert Properties office tower project on the VibrantVictoria.ca discussion forum, click here. For data and statistics on the project, refer to the VibrantVictoria.ca construction projects list entry here.
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Responses to this Headline or Article
The five most recent replies to VibrantVictoria.ca's discussion forum's [Downtown Victoria] Era | Condos | 15-storeys | Approved thread, the most relevant thread to the above headline or article:
Kapten Kapsell
Mar 04, 2012 at 4:27 pmSales are off to a strong start; 40 units (out of approximately 155) were sold yesterday and the studios on the upper floors (as well as most penthouses) are generally *sold out*.
The unit finishes are quite nice for an 'entry level' building.
MarkoJ
Mar 04, 2012 at 8:26 pmQuote: Sales are off to a strong start; 40 units (out of approximately 155) were sold yesterday and the studios on the upper floors (as well as most penthouses) are generally *sold out*.
The unit finishes are quite nice for an 'entry level' building.
The studios, for a studio, have a nice layout and with only 5% down for first time buyers I am not surprised they are moving. Plunk down $10,000 to $12,000 and wait three years. Enough time to save up for a 20% downpayment.
I took a pretty good look at the kitchens, overall, I would say definitely better design/quality than the834 or the Mondrian; however, the Promontory kitchens are quite a bit better (superior appliances, built in and included TV, more cabinet space, and various other things like the kitchen island side is finished off with an engineer stone versus wood panel).
aastra
Apr 15, 2012 at 5:30 pmMarkoJ
Apr 28, 2012 at 9:17 amNparker
Apr 28, 2012 at 10:34 amI am not keen on the faux wood grain cabinetry, but the overall look is clean and contemporary. Not bad for the starting prices. I hope this one breaks ground, or more appropriately (since the ground is already broken here), gets going in earnest soon.
