UNDER CONSTRUCTION Sandown Park Shopping Centre Use: commercial Address: 10330 McDonald Park Road Municipality: North Saanich Region: Saanich Peninsula Storeys: 1 |
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[North Saanich] Sandown Park Shopping Centre | Retail
#1
Posted 10 May 2010 - 07:33 PM
I went there last year to take some pictures, the poor manager had a fit, he was certain I was some 'authority' there to find something wrong to shut him down. I really felt bad for the guy.
Walking around the place I could see, feel, smell and hear the ghosts of yesteryear - it really is something, like stepping back in a race-track time-warp.
I'll make a point of going back before they close it off totally, its sad in a sad way.
#2
Posted 10 May 2010 - 08:55 PM
It was an exciting, bustling place full of people. Of course, it was much more exciting than watching a video gambling machine.
-City of Victoria website, 2009
#3
Posted 11 May 2010 - 06:44 AM
#4
Posted 11 May 2010 - 07:24 AM
#5
Posted 11 May 2010 - 08:23 AM
#6
Posted 11 May 2010 - 08:26 AM
-City of Victoria website, 2009
#7
Posted 11 May 2010 - 09:03 AM
It's 90 acres in the ALR. I hope it stays that way.
Why? For the past 50 years have you been missing the blueberries they used to grow there?
#8
Posted 11 May 2010 - 09:43 PM
#9
Posted 11 May 2010 - 10:27 PM
-City of Victoria website, 2009
#10
Posted 12 May 2010 - 06:30 AM
........Sandown is owned by two companies and encompasses 91 acres, all in the agricultural land reserve. B.C.'s Land Title registry states that Colwood Park Association Ltd. of Vancouver owns the property.
From Times Colonist
#11
Posted 12 May 2010 - 04:41 PM
Looks like me missed out on a great stimulus opportunity.
#12
Posted 12 May 2010 - 09:00 PM
.......William A. Randall, a member of the B.C. Horse Racing Hall of fame, built the Sandown track in 1955, that organization's website states. He was also a key player in the formation of the B.C. Jockey Club prior to the 1961 season.
Interesting. My uncle is William A. Randall but as far as I know our families aren't related.
#13
Posted 13 May 2010 - 05:38 AM
Interesting. My uncle is William A. Randall but as far as I know our families aren't related.
Oh! the stage is set Rob! the stuff of Nancy Drew and Hardy Boy's mysteries! Maybe you are directly related? maybe you could be willed the track and maybe...
#14
Posted 13 May 2010 - 07:54 AM
Rob, if you do indeed own it, or have some ties, would you approve of such a plan, to save those poor animals from death (the dogs, not the rabbits)?
#15
Posted 14 May 2010 - 07:55 AM
That said, the property is in 8 separate titles. The 4 largest are 8 ha and the smallest is 0.8 ha.
Total price for the site should be in the range of $7,000,000 to $11,000,000.
Can you develop a farm on that? I theory yes, but you need a lot of access to capital.
Let us say you put into blueberries and manage to get 85 usable acres and average 15,000 pounds per acre. This should give you a gross revenue of $1,300,000 to $2,000,000 per year.
To get it into blueberries you would need to spend about $5,000 per acre to get production started. I am assuming some of the existing buildings could be retro-fitted for cold storage. $1,000,000 should let you get it started.
Your cost to produce the blueberries would be around $800,000 to $1,000,000 a year.
So once the plants are in full production, you would have between $300,000 to $1,200,000 in net revenues per year. You would also be carrying a debt that could cost you about $200,000 to $250,000 a year.
#16
Posted 14 May 2010 - 07:52 PM
Maybe we can take some of those dogs being euthanized in Ontario, ship them over here and set up dog racing at Sandown? Don't they usually tow some type of rabbit in front of the dogs - I know where we can get lots of those real cheap locally.
Rob, if you do indeed own it, or have some ties, would you approve of such a plan, to save those poor animals from death (the dogs, not the rabbits)?
Excellent idea. Remove the traffic from ring road at UVIC, fence it in and install bleachers for students to watch dog racing. Or just fence all of UVIC and have a free for all.
#17
Posted 15 May 2010 - 06:26 AM
The 90 acre will remain in the ALR. No matter what alarmist things people say about ALR land in BC, it is hard to remove and very little gets removed.
That said, the property is in 8 separate titles. The 4 largest are 8 ha and the smallest is 0.8 ha.
Total price for the site should be in the range of $7,000,000 to $11,000,000.
Can you develop a farm on that? I theory yes, but you need a lot of access to capital.
Let us say you put into blueberries and manage to get 85 usable acres and average 15,000 pounds per acre. This should give you a gross revenue of $1,300,000 to $2,000,000 per year.
To get it into blueberries you would need to spend about $5,000 per acre to get production started. I am assuming some of the existing buildings could be retro-fitted for cold storage. $1,000,000 should let you get it started.
Your cost to produce the blueberries would be around $800,000 to $1,000,000 a year.
So once the plants are in full production, you would have between $300,000 to $1,200,000 in net revenues per year. You would also be carrying a debt that could cost you about $200,000 to $250,000 a year.
Hot much can you make growing pot? :-)
#18
Posted 15 May 2010 - 12:23 PM
Hot much can you make growing pot? :-)
The capital investment is much, much higher as the best stuff is grown hydroponically. You also have a much higher wage expense for people to work on the site and to guard the site. The type of firearms needed has become much more expensive as well, a large operation needs numerous full automatic weapons to be somewhat secure.
As a grower, the amount you get per pound is actually quite low, the growers suffer the same problem of being squeezed by the middle man. Very few commercial pot growers are making much money. The integrated business units seem to function better financially.
Marijuana is not a fast track to riches, the wholesale value of BC's pot business is in the range of $200,000,000 to $500,000,000. Most of the money made in the business are by the middle men that sell it on to the small dealers. Growers have a limited set of buyers they can sell to and almost no negotiation power. Are you going to argue with a biker holding some manner of fully automatic firearm?
I learned about a lot of this from a old hippie who had a patch in the hills somewhere in this province. He died of a heart-attack a couple of years ago. He had told me about how low the return was and how more firearms were around.
#19
Posted 15 May 2010 - 07:19 PM
It has a very good chance of being voted in favour of.
If a US state legalizes it, and gets away with it without interference from the feds, it would make it that much easier for it to be legalized in Canada.
#20
Posted 12 November 2010 - 09:59 PM
-City of Victoria website, 2009
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