3132 replies to this topic

[G-Man]

I am confused as to where the residential component is supposed to go.

[m0nkyman]

I'm guessing that the building on the northwest corner will be structured in such a way that it doubles as a pedestal for a tower.

[gumgum]

I still say this project will be a huge step up from what's there now.

[aastra]

Anybody know where they're going to put space mountain?

[Galvanized]

Can't you see it? It's right next to never-never land.

[Nparker]

True, this entire concept for the new T&C seems very Disney-esque, but let's face it almost anything has to be an improvement over the current Jetson-era strip mall gone bad.

[concorde]

PCL have picked up this job. My hats off to them for picking up the single largest construction project the island has ever seen.

Concert Properties is rumored to have the residential towers, but those won't start for several years.

[gumgum]

[Mike K.]

PCL have picked up this job. My hats off to them for picking up the single largest construction project the island has ever seen.

Concert Properties is rumored to have the residential towers, but those won't start for several years.

It's not Concert, but another large development firm has taken a great interest in the development and is currently in negotiations with Morguard on the residential portion.

[G-Man]

I think Bear Mountain, Dockside, Royal Bay are all bigger. This one is only costing somewhere in the order of 100 million I mean The Falls almost cost as much by itself. IT makes me worry about finishing.

[gumgum]

^Maybe it's cheap because it's mostly lowrise...I hope.

[gumgum]

Is there a practice where the retailers share a part of the costs? You see those big box stores - the entire storefronts dressed up for the "look" of the store. The retailer itself must be fronting a portion of the cost in those circumstances. I'd expect to see similar dressed-up storefronts for this dev. Not that this idea is reassuring...but it may explain the meager budget.

[concorde]

What I mean is this is Victoria's largest single phased project. Dockside is being built over 7 years and who knows if they will ever finish if the economy collapses. Ditto for Bear Mountain and Royal Bay.

At the rate the eastern construction economy is collapsing, I suspect 2007 will be a different story from previous banner years. Speaking of that I should open a new topic on this all together.

[Mike K.]

The eastern economy is different than the western economy. At-present western Canada is Canada's economic powerhouse and with aging boomers, the Olympics and Canada's most favourable place to retire Victoria/Vancouver have a safety buffer in place that the east does not.

Interest rates will also fall by 1% in 2007, further helping to sustain interest in real-estate.

[hungryryno]

Traffic is a MAJOR :shock: problem in around Town & Country, Douglas, Mayfair now. What will it be like once the New T&C and the new Real Cdn Superstore are finished???

Victoria and Saanich at some point have to realize traffic will increase regardless of how much improvements are made to transit. Transit will handle a percentage of the newly created traffic congestion, but it still means more traffic will all mold into this disaster area. Traffic on Sunday afternoon should not be backed up on Douglas Street from Burnside to Saanich Rd. IT WILL ONLY GET WORSE. A proven fact :evil:

[gumgum]

Hopefully they'll design exit and entranceways better with the new development.

[D.L.]

all of a sudden living in short street village is going to be a lot more attractive with the new TnC development going in

[Savannah]

Some Short Street residents have had problems (noise, etc.) with the 24 Hour drive-thru at McDonald's. It's amazing how close some of their windows/balconies are to the drive-thru. You can almost reach out and steal a fry...

[gumgum]

What can you do though?
They moved in knowing it was there, and now they've decided they want it gone?
Sorry people...that's the price you pay for poor shopping.

[gumgum]

Saanich's mayor's on CFAX and says the res portion will definately be highrise along Ravine Way. Although he did dodge the question about height, he did say that Saanich considers 8 stories "highrise" - although I think he's open to higher.