Both pads for the cranes have been poured ... they are working on the tower base now.
BUILT Hudson House Uses: rental, commercial Address: 1700 Blanshard Street Municipality: Victoria Region: Downtown Victoria Storeys: 23 |
Posted 23 August 2020 - 09:53 AM
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Posted 23 August 2020 - 10:06 AM
I suppose that's needed since the site spans the full width of the block. Unlike HP1 which was half the width of the block (the Mews being the other half).
Posted 23 August 2020 - 10:07 AM
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Posted 26 August 2020 - 10:34 AM
I believe the installation of the tower cranes may be starting here today.
Posted 26 August 2020 - 10:44 AM
You believe correctly.
Posted 26 August 2020 - 10:51 AM
The SE crane is certainly going to be colourful.
Posted 17 September 2020 - 03:57 AM
Second crane installed yesterday.
Site getting pretty busy now.
Posted 03 November 2020 - 09:26 AM
Moving along pretty quickly...what are we looking at here though? The elevator shaft?
Posted 03 November 2020 - 09:27 AM
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Posted 30 March 2021 - 11:08 AM
The federal government announced Tuesday that they will be providing a $100-million loan to the developers of the Hudson Place 2 project in downtown Victoria in order to create 245 new affordable rental homes within the development.
via https://www.cheknews...arch-30-757350/
Posted 30 March 2021 - 11:09 AM
And how was HP2 going to be financed before my tax dollars were involved?
Edited by Nparker, 30 March 2021 - 11:09 AM.
Posted 30 March 2021 - 12:55 PM
Approvals were granted for 235-units, so now it's up to 245 I guess.
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 30 March 2021 - 12:58 PM
And how was HP2 going to be financed before my tax dollars were involved?
Posted 30 March 2021 - 02:56 PM
Seems like a good deal for Townline. They get a low interest low and they have to commit to renting units for 16 years at a maximum of 30% of average household income. Average household income in Victoria is $89K so 30% of that is $26.7K or $2,225 a month (plus condo fees, parking etc). Score.
Posted 30 March 2021 - 03:05 PM
According to Statscan it's $69,383 within the City of Victoria, so rents would be capped to $20,814, or $1,734/month.
The 2021 census will show a higher income, so adjust that $1,734 figure a bit. That's still pretty good, for a two-bedroom unit in a highrise purpose-built tower in downtown Victoria.
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Posted 30 March 2021 - 03:16 PM
If the taxpayers are willing to chip in a few million more can we go back to the original design?
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