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PROPOSED
1314-1324 Wharf Street
Uses: rental, commercial
Address: 1314-1324 Wharf Street
Municipality: Victoria
Region: Downtown Victoria
Storeys: 6
1314-1324 Wharf Street is a proposal to build a 47-unit, six-storey mixed-use rental complex with ground floor... (view full profile)
Learn more about 1314-1324 Wharf Street on Citified.ca
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[Downtown] 1314-1324 Wharf Street / Northern Junk | Rentals; retail | 6-storeys | Proposed


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#1 Citified.ca

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Posted 09 April 2019 - 10:50 AM

Reliance Properties has dropped its earlier proposal for an eight-storey condominium project at the Northern Junk site and on City lands in favour of a six-storey (five from Wharf Street) rental building solely on the Northern Junk lands. The design has not yet been released.

 

The discussion on the condominium proposal can be found here.

 

Citified profile: http://victoria.citi...-northern-junk/

 

Victorias-reluctance-to-sell-off-bridge-lands-forces-Northern-Junk-proposal-to-nix-condos-in-favour-of-rentals.jpg

An artist's rendering of Reliance Properties' sixth design revision of the Johnson Street Gateway project on Wharf Street at Johnson Street. The eight-storey building depicted in the photo above has been nixed in favour of a shorter and smaller as yet-unreleased design on a significantly smaller development site.

 

Victoria’s trepidation over bridge land sell-off forces Northern Junk proposal to slim down, nix condos in favour of rentals

https://victoria.cit...our-of-rentals/

 

The City of Victoria’s about-face over the sale of excess Johnson Street Bridge lands has forced a decade-long harbourfront development proposal to drastically alter its design and scope, Citified has learned.

 
Sources at the City of Victoria tell Citified that Reliance Properties’ plans for Johnson Street Gateway, a mixed-use condominium and retail project that would simultaneously restore the historic Northern Junk buildings at 1314-1324 Wharf Street, have been shelved in favour of a purpose-built rental complex with fewer floors, a significant reduction in residences and zero on-site parking.
 
Since 2010, Vancouver-based Reliance Properties – the firm which restored the historic Janion Hotel and built its oceanfront addition overlooking the northwest corner of the new Johnson Street Bridge – has been pursuing municipal approvals for a mid-rise project that from the outset was expected to absorb excess City-owned land made available through a re-alignment of the bridge’s eastern approaches.
 
Despite Reliance’s plans to spend significant sums of money on the heritage restoration of the Northern Junk buildings and undertake a costly remediation of the City-owned lands in addition to their purchase, sustained critical feedback from City Hall saw Johnson Street Gateway’s design change six times between 2011 and 2018, with the seventh revision now making its way through the approvals process. [Full article]

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#2 Nparker

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Posted 09 April 2019 - 10:53 AM

Wow. Just wow.   :whyme: 

Also what's happening with this thread? The one with all the history on this project?



#3 JanionGuy

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Posted 09 April 2019 - 11:18 AM

I just checked my calendar to make sure today wasn't April Fool's Day.  


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#4 Brantastic

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Posted 09 April 2019 - 12:04 PM

Do we not get a rendering yet? 



#5 Victoria Watcher

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Posted 09 April 2019 - 12:05 PM

that's an awful lot of units still for zero parking stalls.  i imagine they could likely rent them by the month (30+ days) to tourists though for a good $$$.  $2500 to $3500 in summer a bit less in the off-season.


Edited by Victoria Watcher, 09 April 2019 - 12:07 PM.


#6 Nparker

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Posted 09 April 2019 - 12:35 PM

...i imagine they could likely rent them by the month (30+ days) to tourists though for a good $$$.  $2500 to $3500 in summer a bit less in the off-season.

Something tells me that option would not sit well with this council. Does this property currently have transient zoning?



#7 Jackerbie

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Posted 09 April 2019 - 12:38 PM

Something tells me that option would not sit well with this council. Does this property currently have transient zoning?

 

No, they're applying for rezoning. Current zone allows residential above the first floor, max. height of 8 m measured from Wharf Street. For reference: https://www.victoria...Bylaws/8.22.pdf



#8 Nparker

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Posted 09 April 2019 - 12:41 PM

No, they're applying for rezoning...

That's more-or-less what I assumed. I suppose Council will also insist this prime waterfront property must be "affordable" rentals.



#9 Victoria Watcher

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Posted 09 April 2019 - 12:51 PM

Something tells me that option would not sit well with this council. Does this property currently have transient zoning?

 

30+ days is just regular rental zoning though.  not required transient.

 

the best western on quebec street does winter long-stays for $2500 and up per month ($2900 and up for feb/mar/apr).  so there is money to be made on 30+ days all year esp. on the harbour.


Edited by Victoria Watcher, 09 April 2019 - 12:59 PM.


#10 Nparker

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Posted 09 April 2019 - 01:03 PM

...there is money to be made on 30+ days all year esp. on the harbour.

I don't disagree, but if this is how the applicant hopes to get CoV buy-in it ain't gonna fly.



#11 Victoria Watcher

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Posted 09 April 2019 - 01:11 PM

I don't disagree, but if this is how the applicant hopes to get CoV buy-in it ain't gonna fly.

 

well i don't think that's what he will say.  but if you are going to get a premium for them when they have no parking i can't see another good way to do it.  neither the property purchase price nor the property taxes are going to be low.

 

janion sold well with no parking precisely because they can be rented nightly. 


Edited by Victoria Watcher, 09 April 2019 - 01:12 PM.


#12 Nparker

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Posted 09 April 2019 - 01:15 PM

... if you are going to get a premium for them when they have no parking i can't see another good way to do it...

You think this council cares whether or not the developer can make a profit on this project?



#13 aastra

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Posted 09 April 2019 - 01:17 PM

Did somebody get a spy shot of the model?

 

Northern_Junk_Model-First_Version.jpg


Edited by aastra, 09 April 2019 - 02:38 PM.

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#14 Nparker

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Posted 09 April 2019 - 01:19 PM

Any chance you can post the image here aastra? The photobucket link isn't working for me.



#15 Mike K.

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Posted 09 April 2019 - 02:24 PM

Did somebody get a spy shot of the model?

Wow. What could have been.

I think that’s redesign 3 or 4? The rental is redesign 7.

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#16 aastra

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Posted 09 April 2019 - 02:39 PM

Just kidding around. That was the very first version going back ~10 years ago.



#17 Jackerbie

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Posted 09 April 2019 - 02:51 PM

Just kidding around. That was the very first version going back ~10 years ago.

 

Aka the version that could have been built and tenanted already


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#18 Rob Randall

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Posted 09 April 2019 - 03:30 PM

I took that picture and all I remember is that it was very early and was a Paul Meŕrick design. Soon after everything went off the rails.
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"[Randall's] aesthetic poll was more accurate than his political acumen"

-Tom Hawthorne, Toronto Globe and Mail


#19 aastra

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Posted 09 April 2019 - 03:41 PM

Surely this project owns the local record for the most high-quality revisions without closure?



#20 aastra

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Posted 09 April 2019 - 03:43 PM

The most high-quality AND diverse revisions, I should probably say. So much good and interesting stuff right down the toilet.



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