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


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#3161 Mike K.

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Posted 05 May 2022 - 10:15 AM

Great tip, lurker!


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#3162 spanky123

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Posted 05 May 2022 - 10:26 AM

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.


#3163 Kapten Kapsell

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Posted 14 May 2022 - 01:19 PM

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 ?
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#3164 tiger11

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Posted 15 May 2022 - 12:21 PM

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 ?


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#3165 Mike K.

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Posted 15 May 2022 - 12:29 PM

There we go. That’s got to be the last dealership that’s now spoken for, right?
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#3166 Nparker

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Posted 15 May 2022 - 01:04 PM

Confirmed, sold to a well known local developer.

Jawl perhaps?


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#3167 Mike K.

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Posted 15 May 2022 - 02:51 PM

You should buy a lotto ticket :)
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#3168 Kapten Kapsell

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Posted 16 May 2022 - 02:22 PM

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



#3169 Citified.ca

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Posted 17 May 2022 - 12:49 PM

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


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#3170 Nparker

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Posted 17 May 2022 - 12:54 PM

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.  :P


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#3171 Victoria Watcher

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Posted 17 May 2022 - 01:23 PM

Indexed pension though, right?

#3172 Nparker

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Posted 17 May 2022 - 01:48 PM

Indexed pension though, right?

I won't know for sure for another year.



#3173 Kapten Kapsell

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Posted Yesterday, 07:43 AM

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:

 

irma.png



#3174 Kapten Kapsell

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Posted Yesterday, 07:46 AM

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?



#3175 Nparker

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Posted Yesterday, 07:53 AM

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.



 



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