3995 replies to this topic

[Mike K.]

Great tip, lurker!

[spanky123]

Hearing lots of stories of financiers pulling rate quotes for projects that are already in the final approval stages. Seems like everyone is getting really antsy on potential interest rate hikes along with questions over property valuations given a softening in the market.

Edited by spanky123, 05 May 2022 - 10:26 AM.

[Kapten Kapsell]

Supposedly GAIN has sold their Volvo dealership lot to a developer per comments on social media. The lot is at Cook and Yates across from the former Harris Chrysler.

Can anyone confirm the rumour and confirm who acquired the site ?

[tiger11]

Confirmed, sold to a well known local developer.

 

 

Supposedly GAIN has sold their Volvo dealership lot to a developer per comments on social media. The lot is at Cook and Yates across from the former Harris Chrysler.

Can anyone confirm the rumour and confirm who acquired the site ?

[Mike K.]

There we go. That’s got to be the last dealership that’s now spoken for, right?

[Nparker]

Confirmed, sold to a well known local developer.

Jawl perhaps?

[Mike K.]

You should buy a lotto ticket

[Kapten Kapsell]

A (new?) developer called Frame Properties is proposing a 15-unit townhouse development for 2540 and 2542 Shelbourne St.  

 

Details at:  https://tender.victo...Number=CLC00382

[Citified.ca]

It's confirmed that Jawl Properties has purchased the Volvo property on Cook Street. Somebody give nparker a medal!

 

Purchase of Cook Street's Volvo property represents auto industry's downtown phase-out

https://victoria.cit...town-phase-out/

[Nparker]

It's confirmed that Jawl Properties has purchased the Volvo property on Cook Street. Somebody give Nparker a medal!.

I am a pensioner now, so cash donations are always welcome. 

[Victoria Watcher]

Indexed pension though, right?

[Nparker]

Indexed pension though, right?

I won't know for sure for another year.

[Kapten Kapsell]

An 8-unit townhouse project called September is proposed for 2816 Irma Street in the Burnside-Gorge area.

 

Plans are up on Dev Tracker, here's a look at the south elevation:

 

[Kapten Kapsell]

Also, it appears that soil sampling is underway at one of the surface parking lots on Caledonia across the street from Police HQ.  The Glad Tidings Church owns multiple surface lots on Caledonia and had previously hinted that they wanted to build residential rental towers on these properties.  Perhaps they are instead planning to sell the lots to a developer and the buyer is doing due diligence?

[Nparker]

Also, it appears that soil sampling is underway at one of the surface parking lots on Caledonia across the street from Police HQ.  The Glad Tidings Church owns multiple surface lots on Caledonia and had previously hinted that they wanted to build residential rental towers on these properties.  Perhaps they are instead planning to sell the lots to a developer and the buyer is doing due diligence?

Meanwhile, GT is in the process of expanding an entrance to the Caledonia side of their buildings.

[Kapten Kapsell]

Milliken Developments and Amica Senior Lifestyles, the team behind the "Amica Oak Bay" underway at 1900 Richmond, are proposing a 6-storey, 88-unit assisted living facility to be built adjacent to 1900 Richmond on Ashgrove Street.  This would require the removal/replacement of 4 houses on Ashgrove Street, and the new building would be connected to 1900 Richmond.

[Nparker]

Milliken Developments and Amica Senior Lifestyles...are proposing a 6-storey, 88-unit assisted living facility to be built adjacent to 1900 Richmond on Ashgrove Street.This would require the removal/replacement of 4 houses on Ashgrove...

Here's an aerial pic. One of the four properties on Ashgrove to be redeveloped looks quite new.

[Kapten Kapsell]

Mike Geric Construction is planning to build an affordable rental building at 131-139 Menzie la Street across the street from thrifty foods. This building represents the affordable
housing contribution “connected to” their Montreal St development nearby (currently a surface lot).

Renderings from Dev Tracker:

[Kapten Kapsell]

Detailed Plans are now up for Jawl Residential’s 50-unit condo project on Meares Street

[Nparker]

Looks like someone dusted off plans from 1975.