No requirement to take it down in an "environmentally friendly" manner?
![]() | BUILT Ross Terrace Uses: rental, commercial Address: 2566-2580 Fifth Street Municipality: Victoria Region: Urban core Storeys: 5 |
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[Quadra-Hillside] Ross Terrace & 1025 Kings Road | Rentals; retail | 5 & 6-storeys | Under construction
#41
Posted 07 November 2022 - 07:57 PM
#42
Posted 07 November 2022 - 08:50 PM
Maybe you’re right?
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#45
Posted 13 January 2023 - 03:15 PM
Looks like they’ll be able to avoid blasting. That’s going to be a huge cost savings.
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#46
Posted 13 January 2023 - 03:28 PM
#47
Posted 13 January 2023 - 05:05 PM
Isn't this project precisely what Eby's $500 million fund is trying to prevent?
Yes - this is exactly it. These sort of older rental buildings provide naturally affordable rental housing without the significant expense of building new designated affordable buildings. It's way more effective to protect these from redevelopment as well as build those new buildings.
#48
Posted 13 January 2023 - 05:13 PM
#49
Posted 13 January 2023 - 05:21 PM
They’re turning 15 aged units into 60-units. Your provincial government wants to stop this from happening.
- Barrrister likes this
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Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#50
Posted 13 January 2023 - 05:36 PM
...They’re turning 15 aged units into 60-units. Your provincial government wants to stop this from happening.
That was the point I was trying to make. Eby's fund will prevent new rental housing from being built, which hurts everyone in the long run.
#53
Posted 16 January 2023 - 06:13 PM
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