The sometimes-confused Victoria News posted a story that made it seem like this is a done deal:
A Vancouver-based developer is bringing some modern updates to a heritage-facade building in downtown Victoria.
The collected properties in the 1300-block of Broad Street, including the heritage Ducks Building, will soon be transformed into a 137-room, six-storey hotel with retail space underneath.
But of course the project is early in the approval stages. It hasn't even come before committee of the whole.