The project is officially canceled now.
I am saddened by this (see ). Is this the official word from the city or presumed by VV based on what we have heard from officialdom so far?
Posted 13 June 2011 - 11:29 AM
The project is officially canceled now.
Posted 13 June 2011 - 12:02 PM
Posted 13 June 2011 - 12:19 PM
Posted 13 June 2011 - 12:45 PM
Posted 13 June 2011 - 01:37 PM
I am saddened by this (see ). Is this the official word from the city or presumed by VV based on what we have heard from officialdom so far?
The Mayor said Mr. Weyland told council he may opt to pave the lot and sell parking space. Certainly this would be a viable option before a build-to-suit opportunity comes up.Maybe he needs to wait for the fall and see if there is a new council that would be more receptive of rental housing in the city?
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Posted 13 June 2011 - 01:57 PM
The Mayor said Mr. Weyland told council he may opt to pave the lot and sell parking space. Certainly this would be a viable option before a build-to-suit opportunity comes up.
Posted 13 July 2011 - 11:26 AM
Posted 13 July 2011 - 12:23 PM
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Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 15 July 2011 - 01:30 PM
Posted 16 July 2011 - 02:17 PM
Posted 01 September 2011 - 07:32 AM
Posted 01 September 2011 - 07:54 AM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 01 September 2011 - 08:00 AM
Posted 01 September 2011 - 08:43 AM
Posted 01 September 2011 - 10:15 AM
Posted 01 September 2011 - 10:39 AM
Posted 01 September 2011 - 11:01 AM
Anything the city does to create "affordable" housing usually equates to taking a little bit of money from every city taxpayer, and giving it to a select few to reduce their rent. It's wrong.
The way to create affordable housing is to reduce red tape and allow more housing in a wider variety of zoning.
It's all about supply and demand. Create conditions to allow a larger supply and you will reduce costs.
Posted 01 September 2011 - 11:52 AM
There is no reason the Cosmopolitan project should have been stone walled by the city.
Posted 01 September 2011 - 02:26 PM
Victoria rental project sidelined in light of planned incentives
By Mike Kozakowski, VibrantVictoria.ca
http://vibrantvictor...ned-incentives/
The City of Victoria has announced that it is considering giving builders a variety of incentives to develop more rental housing throughout the City.
The Times Colonist reported on September 1st that City Hall’s incentives could come in the form of tax breaks, parking requirement reductions, density increases and fast-tracked municipal handling of applications.
However, for one developer who had planned to bring rental housing to the downtown core and in essence build what City Hall now says it wants to see built, talk of incentives comes two months too late.
Jurgen Weyland had proposed a five-storey rental and commercial building, dubbed The Cosmopolitan, in the 600-block of Fort Street on the property that once housed Lens & Shutter. Instead of an open armed welcome for proposing to build much needed rental housing when other developers were operating in a condo frame of mind, Weyland was turned away. [Read more]
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Posted 01 September 2011 - 03:50 PM
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