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The Aranza
Uses: rental, commercial
Address: 9818 Fourth Street
Municipality: Sidney
Region: Saanich Peninsula
Storeys: 5
The Aranza is a five-storey, mixed-use affordable housing development with ground floor retail space in the to... (view full profile)
Learn more about the Aranza on Citified.ca
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[Sidney] The Aranza | Affordable rentals; commercial | Under construction


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#1 Mike K.

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Posted 22 March 2016 - 12:47 PM

56-units of affordable workforce housing approved for downtown Sidney

http://victoria.citi...owntown-sidney/

 

Sidney council has approved the Greater Victoria Rental Development Society's plans for a 56-unit affordable housing development with ground floor commercial space.

 

Situated at 9818 Fourth Street in downtown Sidney, the five-storey mixed-use project will provide much-needed workforce rental housing in a market constrained by high vacancy rates and low supply, particularly on the Saanich Peninsula. [Full article]

 

9818-Fourth-Street.jpg


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#2 Nparker

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Posted 22 March 2016 - 01:16 PM

Is this the same project: 

 

http://vibrantvictor...dney/?hl=sidney

 

And this: 

http://www.timescolo...h.tPtfacy5.dpuf



#3 Mike K.

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Posted 22 March 2016 - 01:37 PM

Oh, looks like it.

The TC article really messed up the unit count. And I see other sources copied the TC with the same glaring mistake. Oops.


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#4 LJ

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Posted 22 March 2016 - 07:47 PM

a market constrained by high vacancy rates and low supply, particularly on the Saanich Peninsula.

 

High vacancy rates and low supply???


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#5 Kungsberg

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Posted 16 July 2018 - 08:05 PM

The ‘Aranza’, affordable rental ‘workforce’ housing in Sidney.

 

http://gvrds.com/gvrds/project/aranza

The commercial space on the ground floor will host a daycare and some retail.

 

YouTube video describing the project:

https://www.youtube....h?v=PHYsrQ5crbg

 

I wonder what the (subsidized) rents will be in this building.

[From the Citified article, it says “Rents at the building will range between $800 and $920 for its mix of one- and two-bedroom units”, but that was two years ago.]

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  • Fourth St.jpg


#6 Mike K.

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Posted 17 July 2018 - 06:53 AM

Oh yeah, those are likely way, way off now considering where the market’s gone. That’s why it’s tough to get organizations to speak about rates. They’ve learned their lesson.

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#7 Jackerbie

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Posted 17 July 2018 - 07:21 AM

The ‘Aranza’, affordable rental ‘workforce’ housing in Sidney.

 

...

 

I wonder what the (subsidized) rents will be in this building.

[From the Citified article, it says “Rents at the building will range between $800 and $920 for its mix of one- and two-bedroom units”, but that was two years ago.]

 

Is it subsidized, though? I seem to remember that this one wasn't, they were just going light on amenities to bring the cost down, such as no in-suite laundry.



#8 aastra

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Posted 17 July 2018 - 07:46 AM

Why no balconies at all? Will residents have roof access?



#9 Kungsberg

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Posted 17 July 2018 - 08:24 AM

Is it subsidized, though? I seem to remember that this one wasn't, they were just going light on amenities to bring the cost down, such as no in-suite laundry.

The municipality is not charging property tax on the development, I believe (I think it's mentioned in the youtube video) and if that's the case, I consider that a public subsidy.

 

No balconies = lesser cost = 'affordable' (as per the video)



#10 aastra

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Posted 17 July 2018 - 08:26 AM

I understand, but none at all?



#11 Jackerbie

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Posted 17 July 2018 - 09:54 AM

I understand, but none at all?

 

No balconies, no roof access. It's the same people who did Azzurro, so I'd expect a similar business plan.



#12 aastra

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Posted 17 July 2018 - 10:13 AM

Azzurro doesn't have any balconies at all?



#13 Jackerbie

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Posted 17 July 2018 - 10:23 AM

Azzurro doesn't have any balconies at all?

 

Azzurro has balconies in a couple places, where the building steps back and in the top floor projection. But the rest of it is a box.

 

Azzuro-Rendition-new.jpg


Edited by Jackerbie, 17 July 2018 - 10:24 AM.


#14 Citified.ca

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Posted 22 May 2019 - 02:30 PM

This project is expected to be ready for occupants in June.

 

May 22 photo.

 

The-Aranza-May-22-2019a.jpg


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#15 Mike K.

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Posted 14 November 2019 - 09:50 AM

Any updates on this one? GVRDS has no news on their website.


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#16 Victoria Watcher

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Posted 14 November 2019 - 10:08 AM

Any updates on this one? 

 

yes my military buddies tell me the cheetah tank has moved about 16 west but ran up against heavy shelling just over the other side of the tech van at the beginning of this month.  the fighter jet had to return to comox due to low fuel so the infantry has bunkered down for now until air cover can resume.  then they will try another advance.


Edited by Victoria Watcher, 14 November 2019 - 10:11 AM.

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#17 Mike K.

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Posted 14 November 2019 - 10:11 AM

So they've yet to occupy the building, is what you're saying.


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#18 lanforod

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Posted 14 November 2019 - 10:41 AM

It's a stealth operation apparently.


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#19 Jackerbie

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Posted 14 November 2019 - 10:41 AM

Any updates on this one? GVRDS has no news on their website.

 

I think it's a case of poor web presence. While the GVRDS website doesn't list Aranza as one of their completed building, their property management website does: http://www.realhomesdev.com/rhdc/home

 

Based on recent articles on housing in Sidney, it's been occupied since June.


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#20 Mike K.

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Posted 14 November 2019 - 11:38 AM

Jackerbie for the win.

 

Thank you.


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