[Fairfield] Chelsea condos | 6-storeys | Built - completed in Aug 2008
#1
Posted 12 September 2006 - 02:08 PM
No renderings on the site yet but the building will be six-storeys tall with units starting at $455,000:shock:
http://www.chelseavictoria.com
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#2
Posted 12 September 2006 - 02:39 PM
Business in Vancouver March 7-13, 2006; issue 854
Concert deal sets new record in B.C.’s capital city
Real estate round-up: Peter Mitham
Victoria logs record deal
A recent deal in Victoria by Concert Properties Ltd. has set a new benchmark for the capital.
With the average development site in Victoria trading at $30 to $40 a buildable square foot, Concert bought 999 Burdett for approximately $95 a buildable square foot.
While the total cost of $8 million is small in the big scheme of things, it surprised many Victoria market observers. The price exceeds the $3.65 million Stan Sipos of Victoria’s Cielo Properties Ltd. agreed to pay for the 1.2-acre property in September 2003, a price that worked out to just over $58 a buildable square foot.
Concert president and CEO David Podmore believes the site has outstanding potential, even though it’s further from the harbour than its successful Astoria and Belvedere projects a few blocks away.
“We see it as a premium location in downtown Victoria,” Podmore said.
Concert plans a 56-unit property with suites ranging from 800 to 1,800 square feet. Completion is scheduled for 2008; marketing will begin this fall.
The sale price of the units will undoubtedly reflect the relatively high purchase price for the site, with Podmore already describing the project as “very high-end, very high-quality.”
Podmore said the higher price paid for the deal was justified because the property came with a project design and development permit, which will allow Concert to take the property to market faster than if it were starting from scratch.
Cielo received approval from Victoria for the project in September. The proposed 65-unit residential development came with a price tag estimated at $30 million.
Read the transcript of the public hearing here (.pdf)
http://www.victoria.... ... 25_cnc.pdf
-City of Victoria website, 2009
#3
Posted 12 September 2006 - 02:59 PM
#4
Posted 12 September 2006 - 03:01 PM
Another case of outsiders commenting on the urban fabric as it truly appears as opposed to our own doomsday-ers fearful of a vibrant urban core.
Oh, and btw, this is the property with the "heritage wall," isn't it?
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#5
Posted 12 September 2006 - 03:12 PM
On the north side it's quite nice. Short with fancy gates, but on the east and south sides its a massive, monolithic blank wall of bricks that tilts at a precarious angle.
It has dubious heritage value. It's heritage simply because it's been there for a while.
If you were to propose a development with a new wall made up of old bricks that looked exactly the same you'd be driven out of town for creating an eyesore and a gated community.
-City of Victoria website, 2009
#6
Posted 12 September 2006 - 03:30 PM
[url=http://imageshack.us:48201][/url:48201]
#7
Posted 12 September 2006 - 03:31 PM
#8
Posted 12 September 2006 - 03:37 PM
-City of Victoria website, 2009
#9
Posted 12 September 2006 - 03:51 PM
#10
Posted 12 September 2006 - 03:56 PM
Like that great architect Johnnie Cochrane said, "If the brick don't fit, get rid of it."
-City of Victoria website, 2009
#11
Posted 12 September 2006 - 03:57 PM
So many locals might hate me for saying this, but what the hell - the wall reminds me of England.
#12
Posted 12 September 2006 - 04:10 PM
#13
Posted 12 September 2006 - 04:18 PM
-City of Victoria website, 2009
#14
Posted 12 September 2006 - 05:07 PM
#15
Posted 20 September 2006 - 10:01 PM
#16
Posted 26 September 2006 - 03:09 AM
It has a small rendering: http://www.chelseavi...ia.com/preview/
It's hard to tell because it's so small, but the architecture seems rather dull to me.
#17
Posted 26 September 2006 - 06:48 AM
#18
Posted 31 October 2006 - 11:13 AM
[url=http://imageshack.us:cf37c][/url:cf37c]
[url=http://imageshack.us:cf37c][/url:cf37c]
[url=http://imageshack.us:cf37c][/url:cf37c]
[url=http://imageshack.us:cf37c][/url:cf37c]
[url=http://imageshack.us:cf37c][/url:cf37c]
[url=http://imageshack.us:cf37c][/url:cf37c]
#19
Posted 31 October 2006 - 11:19 AM
[url=http://imageshack.us:34eb6][/url:34eb6]
Lots of bedrock to blast!
[url=http://imageshack.us:34eb6][/url:34eb6]
[url=http://imageshack.us:34eb6][/url:34eb6]
[url=http://imageshack.us:34eb6][/url:34eb6]
#20
Posted 06 November 2006 - 11:10 PM
Hmm...I wonder if that's Reflections' crane?
-City of Victoria website, 2009
Use the page links at the lower-left to go to the next page to read additional posts.
0 user(s) are reading this topic
0 members, 0 guests, 0 anonymous users