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Office space and office building development in Greater Victoria/south Vancouver Island


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#361 Victoria Watcher

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Posted 16 March 2022 - 04:32 AM

Nothing new in this story over what I posted yesterday.

 

 

 

 

Except this maybe:

 

Along with its ground-floor space, the building has an extensive lower level and basement area. Its Government Street frontage is available for lease or for use by an owner-occupier, the company said.

 

Part of the property has ­tenants. It holds Park’s ­Restaurant, with frontage and access via Trounce Alley. And Quazar’s Arcade is located in part of the building’s lower level, reached by stairs in the alley.

 

 

 

 

https://www.timescol...million-5164944



#362 Citified.ca

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Posted 10 April 2022 - 08:38 AM

Ten-on-the-10th-Apr-2022.jpg

 

Q&A with Robert Jawl of Jawl Properties on a post-COVID Victoria office market and development outlook

https://victoria.cit...opment-outlook/


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#363 Victoria Watcher

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Posted 12 June 2022 - 05:23 AM

$32,000,000

 

https://www.realtor....colwood-corners

 

 

screenshot-www.google.com-2022.06.12-09_26_37.png

 

 

Seller will consider build to suit for a commercial client, long term land lease or 4 titles could be sold individually. This offering includes 1840,1844, 1836 Island Highway and 399 Wale Rd, for a total of 182,322 sq. ft. or 4.18 Acres zoned C4 and C3 which allows residential ,a wide range of commercial activities, offices, and rental. Extremely will located next to the Westshore Transportation Hub, steps to all levels of recreation, and services, 3 to 4 storey buildings heights allowed in the current zoning City of Colwood has indicated they would like to see more density and higher buildings than 4 story. This property meets the recent requirements announced by the Provincial Government for higher density for land within the Transportation Corridors in the Greater Victoria Area. Exceptional views overlooking the ocean, Mt Baker, and the City of Victoria. A rare parcel of land, 4 titles, all owned by one owner.

 

 

1840 Island Hwy
Colwood, British Columbia V9B1J2

 

 

 

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Edited by Victoria Watcher, 12 June 2022 - 05:33 AM.


#364 Victoria Watcher

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Posted 12 June 2022 - 05:34 AM

I'm not sure what the zoning is here.  But have the surrounding property owners hit the jackpot here?

 

screenshot-www.google.com-2022.06.12-09_38_39 (1).png

 

 

 

 

 

$1,950,000

 

https://www.realtor....angford-jacklin

 

 

3052 Jacklin Rd
Langford, British Columbia V9B3Y9

 

 

Attention DEVELOPERS...High Density Development Site! Almost a 1/4 acre, prime location ripe for redevelopment and directly across from the new mixed-use village at Belmont Market. The City's Official Community Plan (OCP) supports a wide range of options: Mixed-Use Residential/Commercial, Light Industrial, and Institutional. (See Supplements for OCP Visual Concept). This location has an abundance of amenities nearby (City Centre Park, Langford Lake, a multitude of shops, services, cafe's/restaurants across the street, and the Galloping Goose pedestrian greenway and Glen Lake are less than a 5 min walk away. This front/back duplex can provide revenue while you develop. Owners currently occupy both units. Connected to sewers, this property provides an excellent opportunity for a significant development to add to this thriving and vibrant mixed-use community.

 

 

 

 

906032_1.jpg


Edited by Victoria Watcher, 12 June 2022 - 05:40 AM.


#365 Barrrister

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Posted 12 June 2022 - 06:02 AM

In many ways the West Shore is doing better than downtown Victoria.



#366 Mike K.

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Posted 12 June 2022 - 07:14 AM

That’s attempt #2 for that $32 million land assembly.

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#367 Redd42

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Posted 12 June 2022 - 01:40 PM

"Connected to sewers" - something you wouldn't need to be even asked in a developed area.


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#368 Victoria Watcher

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Posted 12 June 2022 - 01:43 PM

Wasn’t even that long ago that area did get connected to sewers. That was part of the reason the strip featured car dealers and mini golf. They were not high sewage output business, compared to the space each took.

#369 Victoria Watcher

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Posted 13 June 2022 - 11:37 AM

Large Urban Village designated development site permitting low to mid-rise multi-family or mixed-use buildings and structures up to six (6) storeys. +/-8,279 SF total site size with 99 feet of frontage along Fort Street. Under the Large Urban Village designation, the maximum development potential would be 20,698 buildable SF based on the maximum 2.5:1 FSR that may be considered for the advancement of plan objectives. Holding income from an existing tenant and possibly Individual Dry Cleaners, a company affiliated with the vendor, on a short-term basis.

 

https://www.realtor....ctoria-fernwood

 

 

$2,450,000

 

 

1602-1608 Fort St

 

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Edited by Victoria Watcher, 13 June 2022 - 11:38 AM.


#370 spanky123

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Posted 14 June 2022 - 07:45 AM

I suspect that we will see a flurry of these projects hitting the market. Owners who think the market has peaked for a while are trying to cash out while those who have assembled projects are worrying about carrying costs and the potential of a slowdown in activity.


Edited by spanky123, 14 June 2022 - 07:46 AM.

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#371 Mike K.

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Posted 14 June 2022 - 08:06 AM

We're going to see a pull-back on large developments, absolutely.


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#372 Victoria Watcher

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Posted 21 June 2022 - 03:58 AM

Standalone brick and beam commercial building perfect for an owner user looking to potentially occupy the well appointed second floor office space, while enjoying income from the main floor tenant. 2101 Government Street is an exceptional example of early 20th Century Victorian architecture. The 5,000 square foot, two-storey building offers high ceilings, exposed masonry, hard wood floors and large windows. Albion Stove Works, a division of Albion Iron Works had the building constructed in 1913 as a showroom and warehouse. Prominently located on the corner of Government Street and Pembroke Street providing wonderful exposure and easy access to the recently installed bike lanes along Government Street. Surrounding amenities include breweries, cafes, baked goods, restaurants, shopping and the emerging Rock Bay area, all of which is in easy walking distance. 

 

$3,000,000

 

 

2101 Government St

 

https://www.realtor....ctoria-downtown

 

906985_1.jpg



#373 aastra

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Posted 21 June 2022 - 01:53 PM

I wouldn't mind seeing that place worked into a larger redevelopment similar to how Era on Yates did it.


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#374 Victoria Watcher

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Posted 12 July 2022 - 03:19 PM

A rare opportunity to purchase a mid-block, two-story office and retail building on Fort Street. This building was purchased by the current owner in 1962 and was renovated in 1989. The property has been well cared for by the owners over the years, and has provided quality second floor offices and profile main floor retail. This is a great neighbourhood that is going through positive change, bringing more vibrancy to the area! 

 

 

screenshot-hallmarkheritagesociety.ca-2022.07.12-19_21_36.png

 

screenshot-hallmarkheritagesociety.ca-2022.07.12-19_22_03.png

 

https://hallmarkheri...llmarkAward.pdf

 

 

 

$2,500,000

 

 

 

https://www.realtor....ctoria-downtown

 

 

 

 

 

 

 

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Edited by Victoria Watcher, 12 July 2022 - 03:23 PM.


#375 Nparker

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Posted 12 July 2022 - 03:49 PM

I suppose the faux Tudor reconstruction made some sense in 1989. I am not entirely sure this look is the future for this block of Fort Street.



#376 Citified.ca

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Posted 08 August 2022 - 09:39 AM

Proposed-West-Shore-Parkway-office-block-could-deliver-29000-sq-ft-of-work-spaces-to-west-Langford.jpg
 
4342-west-shore-parkway.jpg
 
Proposed West Shore Parkway office block could deliver 29,000 sq. ft. of work spaces to west Langford

https://victoria.cit...-west-langford/


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