VICTORIA DEVELOPMENT NEWS

Rental proposal at Cook and Hillside switches gears in pursuit of BC Housing-backed condo project

Posted on Apr 02, 2019


A year following the unveiling of a 46-unit rental complex at Cook Street and Hillside Avenue, proponent NVision Properties is shifting gears to pursue a BC Housing-backed condominium project instead.
As the sister company of market housing development firm Abstract Developments, NVision Properties' primary focus is on the delivery of rental housing...

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Victoria’s population grew by 1.3 per cent from 2017 to 2018

Posted on Apr 02, 2019



New population estimates show the population of the Greater Victoria grew by about 1.3 per cent from 2017 to 2018. (Derek Ford/District of Saanich)

New population estimates show the population of the Greater Victoria grew by about 1.3 per cent from 2017 to 2018.

According to new population estimates, 395,523 people lived in the Greater Victoria area...

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Former Ming's Chinese restaurant to serve as expanded Big O Tires automotive shop 

Posted on Apr 02, 2019


The former home of downtown Victoria’s Ming’s restaurant will be transformed into an expanded location of Big O Tires, an automotive repair business that has neighboured the shuttered restaurant for decades.

Ming’s, located at 1321 Quadra Street at Johnson Street, closed its single-storey building just over a year ago following a Vancouver Island He...

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Six-storey condo to overlookSaanich's Tillicum Road and TCHintersection

Posted on Mar 22, 2019




Big changes are coming to the crossroads of Tillicum Road and the TransCanada Highway at the nexus of Saanich’s Carey, Tillicum and Saanich Coreneighbourhoods.
Abstract Developments has applied to the district to build a six-storeycondominium complex on the northwest corner of the busy intersection atthe terminus of Raymond Street South, a quiet res...

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Sannich Boosting Housing Costs While Surplus Almost $1 Billion

Posted on Mar 22, 2019




UPDATE: On Jan 28 Saanich Council will review a revised DCC proposal from a previous 240% increase to 180% or $8,689 for new single detached homes. Affordable market homes are ineligible for a DCC waiver, which will be available only to govt/non-profit projects. No DCC incentives for energy efficiency because Saanich passed the Step Code, adding co...

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Province gives go-ahead for 12-storey mass timber-designed highrises

Posted on Mar 22, 2019





The province is adopting changes to B.C.’s building code that will permit wood framed buildings to rise as tall as 12-storeys. Using mass timber technology, solid or engineered wood products will provide the real-estate development industry with more choice for constructing residential and commercial projects taller than six-storeys, the previous l...

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