530 replies to this topic

[Holden West]

^Yeah, it was initially conceived as condos, then a subsidized housing scheme fizzled shortly after the ribbon cutting ceremony, then it morphed into market rentals. So the ever elusive title of newest rental tower continues.

[G-Man]

That is not true. While the concept was for condos the current design and product was always apartments.

[Holden West]

^No, there was a subsidized condo/apartment scheme proposed in between.

[Mike K.]

Hudson Mews was envisioned as a hybrid market/subsidized development but the subsidized component fizzled out during the planning process. The tower then became 100% market rentals.

[G-Man]

Even subsidized housing would have been rentals though.

[Mike K.]

Yup, it was a rental tower from the get-go, partially subsidized or not. At the time plans for HM were being drafted Townline purchased the stalled Wing project in Vic West and added it to its TL Housing Solutions portfolio of subsidized rentals. The initial concept during the civic process was for all three towers to be condos but the market changed quite drastically since The Hudson was built (and even there some of the units have been rented out by Townline).

[lanforod]

Is there a difference between apartments and condos? The words are interchangeable aren't they? Or is it just that condos are considered non-rental only...

[Mike K.]

Yes, condos are for-purchase apartments, while apartments (often referred to as apartment rentals now) are 100% rentals. 20 years ago I guess the word "condo" was not quite as in vogue as it is now and the word apartment was used interchangeably. Europeans and increasingly people on the US east coast refer to a condo or a rental apartment as a "flat." I like that term.

[sdwright.vic]

Condo could also mean privately held rental.

[Mike K.]

Yup for sure, but condo still works it's way into the description.

On the west coast the term apartment is almost exclusively referring to a rental property, be it one of many in a rental building or a private condo offered for rent, but the latter will always throw in the condo wording to differentiate it from an "apartment."

I've always found housing nomenclature rather fascinating. Every part of the world has its own thing going

[sdwright.vic]

Growing up in the mid west rentals where always apartments also....

Edited by sdwright.vic, 04 April 2014 - 05:38 AM.

[Gary H]

From the Times Colonist http://www.timescolo...ilding-1.940775
 

Despite the delays, Ilich is confident the rental building will be full by the end of August.

“At last count, there were somewhere between 500 and 600 names on a list for 120 homes,” he said. Victoria’s low vacancy rate also works in the building’s favour, he said.

[amor de cosmos]

 

The opening this weekend of a purpose-built rental building in Victoria’s Hudson district is part of a bigger rental revival taking place across the city, says Mayor Dean Fortin.

 

City hall approved $290 million in construction permits in 2013, and Fortin said there are more cranes in Victoria’s skyline today than during the city’s last building boom in 2006.

 

“This is part of moving forward the idea of having districts throughout downtown,” Fortin said at the Hudson Mews’ unveiling Wednesday.

 

The 120-unit rental building, located at 780 Fisgard St., will provide 83 one-bedroom and 37 two-bedroom rental apartments, and fill a demand for rental properties in the downtown core, Fortin said.

 

Last week, Victoria council approved another all-rental development, a 138-unit, three-tower complex at the corner of Cook and Pandora streets.

 

“This is exactly what we want to see, and when we talk to residents, this is what they want to see,” Fortin said.

 

The completion of Hudson Mews marks the latest chapter in the ongoing development of the Hudson district, said Rick Ilich, Townline president and owner. Townline is putting forward its next development application to city hall staff next week for an adjacent building.

 

“The district really is taking on a life of its own, anchored around the Victoria public market,” he said. Ilich thanked the public for their patience after a vandalism incident last November caused construction delays to Hudson Mews.

http://www.vicnews.c.../253819841.html

[jonny]

Townline is putting forward its next development application to city hall staff next week for an adjacent building.

 

Say what? No way. They are going to start on one of the adjacent buildings soon? That is awesome news. 

[Mike K.]

City hall approved $290 million in construction permits in 2013, and Fortin said there are more cranes in Victoria’s skyline today than during the city’s last building boom in 2006.

 

 

Incorrect.

 

In 2006 cranes were up for Astoria, Belvedere, The Wave, Juliet, Aria I and II, Shutters I and II, Oswego Hotel, Dockside Green, Upper Harbour Place and a few others I'm sure I've forgotten.

[VicHockeyFan]

Despite the delays, Ilich is confident the rental building will be full by the end of August.

“At last count, there were somewhere between 500 and 600 names on a list for 120 homes,” he said. Victoria’s low vacancy rate also works in the building’s favour, he said.

 

 

Pretty sure that's just registered to take a look.  We'll see how fast it fills up.

[G-Man]

Townline is putting forward its next development application to city hall staff next week for an adjacent building.

 

Say what? No way. They are going to start on one of the adjacent buildings soon? That is awesome news. 

 

Perhaps this is just a mistake and it is the Hudson Walk project being referred to?

[jonny]

Perhaps this is just a mistake and it is the Hudson Walk project being referred to?

 

Probably, but I hope not! I'd love to see those towers get built.

[Gary H]

What I read in the TC article was that Townline was going to request a development permit for Hudson Walk within the next few weeks.  Apparently they already have a permit but because they want "a bit of a variance" to the approved design they have to resubmit.

[Nparker]

Apparently they already have a permit but because they want "a bit of a variance" to the approved design they have to resubmit.

The sad, underscaled design.