UNDER CONSTRUCTION Parkway Uses: rental, commercial Address: 1518 Cook Street Municipality: Victoria Region: Downtown Victoria Storeys: 6 |
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[North Park] Parkway (Wellburn's Building) | 6-storeys
#241
Posted 23 June 2023 - 08:17 PM
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#243
Posted 06 July 2023 - 08:53 PM
I think the excavator is just there for show. The actual digging is done by a couple of guys with garden trowels late at night.
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#244
Posted 06 July 2023 - 09:09 PM
I think the excavator is just there for show. The actual digging is done by a couple of guys with garden trowels late at night.
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#246
Posted 24 July 2023 - 05:38 PM
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#247
Posted 24 July 2023 - 09:48 PM
Maybe someone can lend them a shovel.
#249
Posted 29 July 2023 - 01:52 PM
They still seem to be mostly using a teaspoon for the excavation here.
#250
Posted 19 November 2023 - 11:12 AM
A Tower crane was erected on this site last weekend.
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#251
Posted 19 November 2023 - 11:13 AM
I can see this one from my kitchen window.
- Victoria Watcher likes this
#252
Posted 19 November 2023 - 12:39 PM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#253
Posted 02 April 2024 - 07:00 AM
Victoria council will decide this week if a 105-unit rental project at the former Wellburn’s grocery site at the corner of Pandora Avenue and Cook Street is eligible for an up-to-10-year tax break.
The goal of the tax incentive program is to help developers preserve heritage elements of buildings while they perform seismic upgrading.
A city staff report is recommending that council decline the tax-break application for this project — which was approved by council in 2020 and is already underway — as it meets only a few of the nine criteria required.
The report said while the project offers needed rental housing and has heritage designation, construction began before the tax-incentive application came to council, the developers excavated below the original building foundations and they intend to build higher than allowed, among other things.
https://www.timescol...ns-site-8538437
Edited by Victoria Watcher, 02 April 2024 - 07:00 AM.
#254
Posted 02 April 2024 - 07:01 AM
A year ago: https://victoria.cit...de-tax-holiday/
Then council decided against nixing the tax break, and construction started. At least I thought.
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#255
Posted 02 April 2024 - 07:06 AM
developers excavated below the original building foundations and they intend to build higher than allowed, among other things.
That seems a bit odd /unclear.
#256
Posted 02 April 2024 - 07:07 AM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#257
Posted 06 April 2024 - 02:53 AM
A city staff report had recommended council decline the application, as it meets only a few of the nine criteria required for the tax-incentive program
https://www.timescol...emption-8561797
Dave Thompson and Chris Coleman were the only councillors to vote against the tax break. Both said that rather than approving the tax break for developers that don’t meet the required thresholds, the city should work on amending the criteria for the tax policy.
“If we don’t like the policy, then we should change the policy,” said Thompson.
Coleman said the only saving grace of giving a tax break to a project that meets only three of the nine criteria is that the city gets a rental building partially restored for heritage value.
“That may give solace to some, but I’m really struggling with this one,” he said.
Edited by Victoria Watcher, 06 April 2024 - 02:55 AM.
#258
Posted 08 April 2024 - 11:56 AM
That's pretty stingy on encouraging developers to do the right thing, but three years of exemption is better than none. I'm glad the developer kept up seeking it.
Edited by Vin, 08 April 2024 - 11:57 AM.
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