VICTORIA DEVELOPMENT NEWS

Toronto developer plans to remake two blocks of downtown Victoria

Posted on Jun 01, 2019



A major swath of downtown Victoria is on the cusp of being redeveloped.

Toronto-based Starlight Investments, which over the last three years has pieced together land parcels in the 900- and 1000-blocks of the Harris Green neighbourhood, is asking the public for input on what a redeveloped site between Yates and View streets could look like.

Starlight...

Read More

Esquimalt oceanfront rental community sold for $19.1M

Posted on May 31, 2019



The 85-unit property is situated on a 1.71-acre lot

An oceanfront rental apartment complex in the West Bay neighbourhood of Esquimalt has sold for $19.1 million, Avison Young reports.The 85-unit Dunsmuir House is held in a bare trust, has below market rents, a proven renovation program, low vacancy rate, clean environmental report and is professiona...

Read More

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...

Read More

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...

Read More

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...

Read More