61 replies to this topic

[Nparker]

...This isn’t technically approved yet, is it?

Has the approval happened by now?

[Mike K.]

I don’t actually know. Unless it squeaked by?

[phx]

This thread is approaching the 10 year mark!

[Nparker]

This thread is still a lot younger than the Northern Junk (aka Johnson Street Gateway) and Crystal Pool threads, where nothing has yet to happen.

[GaryOak]

Wouldn't be surprised if they are waiting for the OCP update to be completed

[GaryOak]

Why would you send in your application now when if you just wait one more year you could just skip the whole public hearing process.

[HarrisonGreene]

Hopefully we’ll see this project redesigned to include 18 story towers once the new OCP is enacted!

[HarrisonGreene]

[Contractorguy]

I did hear this job was supposed to go ahead but that was 6 months ago, maybe more.  There are a lot of jobs in town sitting in limbo like this one.  Sadly the construction market as a hole is slowing down and has been for awhile.

[lanforod]

I did hear this job was supposed to go ahead but that was 6 months ago, maybe more.  There are a lot of jobs in town sitting in limbo like this one.  Sadly the construction market as a hole is slowing down and has been for awhile.

 

If this were an actual hole in the ground, the miss use of the word 'whole' would be a perfect typo .

 

Sure hope this doesn't sit as a vacant lot for too long. What does what is actually supposed to go here look like anyway? Should be some 12 storey thing IMO, not 6.

[Victoria Watcher]

Took me a long time to figure our the view here.  It must be from the Fairways parking lot, right?

 

Edited by Victoria Watcher, 04 November 2024 - 10:45 AM.

[HarrisonGreene]

Yep. Fairways.

[Mike K.]

Whoa. I just drove by there. That’s quite the change in aesthetic!

[HarrisonGreene]

Yes, It's quite a massive land assembly. One would think, especially considering Saanich's new OCP, that they could build something far taller than the 6-storey proposal here.

[Victoria Watcher]

It’s a good spot for something tall. Maybe it’s working on something more ambitious.

[Mike K.]

Were approvals ever granted for this proposal? It has a significant density.

[Contractorguy]

Were approvals ever granted for this proposal? It has a significant density.

That doesn't look like the latest proposal from what I recall.  Last I heard its all rental and around 280 units

[Victoria Watcher]

Developers have another two years to start building two projects that promise 470 new units of housing in Saanich.

 

Development permits for the two were set to expire this week, but Saanich council voted to extend them until January 2027.

 

They include a large mixed-use project at the corner of McKenzie Avenue and Shelbourne Street, and a condominium and townhouse project that has yet to break ground at 4096 Torquay Dr.

 

Mayor Dean Murdock said developers are facing an “exceedingly challenging” environment in terms of costs.

 

“Interest rates have clearly frustrated development proposals, particularly those that were in the queue and approved prior to a significant increase in those rates. But there’s also construction, construction material and labour costs that have increased significantly that I think have also contributed to stalled progress on a number of fronts.”

 

In a letter to council, Nicola Wealth Real Estate, the proponent behind the Podium project at 1555 McKenzie Ave., said the unprecedented rise in interest rates “created a notably challenging environment for the delivery of rental housing across Canada.”

 

 

 

https://www.timescol...ojects-10048875

[HarrisonGreene]

It looks like this one has begun. Farmer has been onsite for a few weeks doing work.

[Mike K.]

Great! Thank you.