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Victoria Construction Rumour Thread + Info on Projects With No Dedicated Thread


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#2981 Mike K.

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Posted 13 October 2021 - 09:37 AM

Ah, got it.

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#2982 Mike K.

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Posted 13 October 2021 - 09:44 AM

Just as an aside, the initial 58-unit building will be completed in late 2022.


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#2983 Kapten Kapsell

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Posted 13 October 2021 - 09:50 AM

Just as an aside, the initial 58-unit building will be completed in late 2022.

 

Also of note is the fact that the site is transitioning from 100% seniors to 80% seniors and 20% families.  The plan is intended to be built over a 25 to 50 year period (!).



#2984 Mike K.

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Posted 13 October 2021 - 09:57 AM

25 to 50 years!!!???

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#2985 Kapten Kapsell

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Posted 13 October 2021 - 10:28 AM

25 to 50 years!!!???


They do make Ken Mariash look like a speed demon. But the figure comes directly from their letter to the city: https://tender.victo...006151530413169
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#2986 corvus

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Posted Yesterday, 10:09 AM

They're an affordable housing non-profit, yeah? Sounds to me like they're taking a pretty realistic viewpoint of how often they might expect to be able to access suitable funding programs



 



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