VICTORIA DEVELOPMENT NEWS

Hundreds of Millions of Commercial Real Estate Deals in Victoria despite Pandemic.

Posted on Jan 04, 2021



Despite the pandemic, there were dozens of major commercial real estate deals over the past year in Greater Victoria, worth hundreds of millions of dollars.
Langford, Colwood and View Royal continued to be hotbeds for development, while the provincial government was a major buyer in its efforts to house the homeless and provide affordable housing, a...

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Sooke, West Shore lead rise in 2021 real-estate value assessments.

Posted on Jan 02, 2021



2021 property valuations for south Island real-estate have been released by BC Assessment which appear to support homebuying trends observed throughout 2020.

Although all thirteen municipalities within the Capital Regional District, the southern Cowichan Valley and the Juan de Fuca Electoral Area saw assessment increases as of July 1st, 2020 (reflec...

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Towers as high as 32-storeys now envisioned for Harris Green Village 

Posted on Nov 20, 2020



The massing of a five-tower development proposal between the 900 and 1000-blocks of Yates and View streets has been adjusted following feedback and formal planning sessions.

Building heights at proponent Starlight Developments’ Harris Green Village redevelopment effort, planned for the London Drugs and Market on Yates-anchored Harris Green Village r...

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Developments reveal plans for office tower on Apex Site 

Posted on Jun 30, 2020


TELUS Communications Inc. intends to bring the TELUS Ocean project to Victoria, as part of an acquisition of the “Apex” site, a parcel of City-owned land at 749‑767 Douglas Street, on the corner of Douglas and Humboldt Streets.

The proposed commercial office and retail building will become TELUS’s regional headquarters for approximately 250 employee...

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Rezoning application signals boost of confidence for Victoria

Posted on Jun 30, 2020


A rezoning application for the first phase of downtown Victoria’s Harris Green Village redevelopment has been submitted to the City following public engagement and feedback sessions held last summer and fall.

Proponent Starlight Developments has unveiled a vision incorporating over 500 rental residences and a sizable ground floor retail component fo...

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