Jump to content

      













UNDER CONSTRUCTION
Bowker Collection
Uses: condo, commercial
Address: Bowker Avenue at Cadboro Bay Road
Municipality: Oak Bay
Region: Urban core
Storeys: 4
Condo units: 43 (1BR, 2BR, penthouse)
Sales status: pre-sales
The 43-unit, four-storey Bowker Collection is conceived as a contemporary classic of distinctive craft and qua... (view full profile)
Learn more about Bowker Collection on Citified.ca
Photo

[Oak Bay] Bowker Collection | Condos, commercial space | 4-storeys | Under construction


  • Please log in to reply
68 replies to this topic

#61 Mike K.

Mike K.
  • Administrator
  • 42,212 posts

Posted 16 May 2017 - 09:40 PM

Back in March we ran a piece (http://victoria.citi...s-to-skyrocket/) that hypothesized that "the next 18 months are expected to yield average luxury new-build real-estate rates in the $1,000 per square foot range, a significant departure from inventory currently priced at $650-to-$700 per square foot."

And it only took two months to see inventory touch that range. By mid-2018 I wouldn't be surprised to see a $1,200 average.

Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.


#62 Kapten Kapsell

Kapten Kapsell
  • Member
  • 1,656 posts

Posted 05 June 2017 - 10:16 AM

The Grand Opening was held over the weekend (Saturday) and several units are now on the MLS.

 

Does anyone know what percentage of the suites were *sold* over the weekend?



#63 Mike K.

Mike K.
  • Administrator
  • 42,212 posts

Posted 16 June 2017 - 10:43 PM

The project is now 50% sold-out.


Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.


#64 Citified.ca

Citified.ca
  • Administrator
  • 1,271 posts
  • LocationVictoria, BC

Posted 07 February 2018 - 10:49 AM

Bowker-Collection-construction-start-marks-Oak-Bay's-third-condo-development-in-two-decades.jpg

Mike Miller (right), head of Abstract Development, together with project architect Gregory Damant of Cascadia Architecture look on as crews remove a building on Bowker Avenue at Cadboro Bay Road to make way for Abstract's Bowker Collection condominiums. Construction officially kicked off today during a groundbreaking ceremony held at the site

 

Bowker Collection construction start marks Oak Bay's third condo development in two decades

 
Construction has begun on Oak Bay’s Bowker Collection mixed-use residential and ground floor commercial development at the nexus of Bowker Avenue and Cadboro Bay Road.
 
The 43-unit luxury condominium project – comprised of one and two bedroom suites plus a collection of exclusive top-floor penthouse residences – was so well received that nearly every unit sold within months of Bowker’s summer 2017 sales launch.
 
Developer Mike Miller of Abstract Developments says the response to the project’s up-market offerings was impressive, but not entirely surprising considering Oak Bay’s limited inventory of new-build condominiums.
 
“Opportunities to secure a new condominium in Oak Bay are extremely rare,” Miller said. “We knew from the turnout at Bowker’s public hearing that demand would be high, but we did not expect the speed with which these luxury homes would be absorbed by the market.” [Full article]

  • Kapten Kapsell and Nparker like this
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.

#65 nagel

nagel
  • Member
  • 5,381 posts

Posted 07 February 2018 - 10:53 AM

What a stupid name.  Condos aren't stamps or hockey cards.



#66 Nparker

Nparker
  • Member
  • 19,073 posts

Posted 07 February 2018 - 10:59 AM

At what point did Oak Bay decide to pretty much forego any increases in residential density?



#67 Mike K.

Mike K.
  • Administrator
  • 42,212 posts

Posted 07 February 2018 - 11:00 AM

I think the stock we see today is from the 60's, 70's and 80's.


Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.


#68 aastra

aastra
  • Member
  • 13,387 posts

Posted 07 February 2018 - 11:03 AM

 

Condos aren't stamps or hockey cards.

 

Stamps and trading cards are all about speculative bubbles.



#69 Kapten Kapsell

Kapten Kapsell
  • Member
  • 1,656 posts

Posted 14 February 2018 - 02:32 PM

Penthouse 7, which has 1559 square feet of finished space, was just listed at $1.9 million.  That works out to $1218.73 per square foot (not including GST).



 



0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users


To advertise on VibrantVictoria, call us at 250-884-0589.