VICTORIA DEVELOPMENT NEWS

Pub to make way for 251-suite condominium project in Saanich

Posted on Apr 30, 2020


A proposal to redevelop several land parcels in Saanich’s Carey neighbourhood will include the former home of the Bird of Paradise Pub and its still-operating Bird Liquor Store, Citified has learned.

Development and construction firm Mike Geric Construction has submitted a rezoning application to the District for over 250 residences, plus 11,000 squ...

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Plan in the works for safe re-opening of B.C. restaurants

Posted on Apr 26, 2020


As B.C. health officials pledge to ease social contact restrictions – so long as the number of COVID-19 transmissions continue to drop – a group of restaurant operators have been tasked with crafting a plan at how to reopen the food industry.

The group includes a cross-section of independent restaurants, chains and franchises including both licensed...

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To our Political Leaders and Decision Makers:

Posted on Apr 13, 2020



To our Political Leaders and Decision Makers:   As we settle into this new normal of greatly diminished and rapidly disappearing business, it is important to reflect on forgotten financial victims of this unfolding tragedy.  Let us first discuss who is not suffering.   The entire public sector currently employed and pensioned is being paid in full an...

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Pandora rental tower to introduce 3, 4 and 5-bedroom co-living units

Posted on Apr 08, 2020



Victoria’s first purpose-built co-living residences ranging from three to five-bedrooms have been proposed as part of a highrise rental tower eyed for Pandora Avenue at Vancouver Street.

The Victoria offices of Vancouver-based development firm Townline, which is finishing construction of Vancouver Island’s tallest building at downtown Victoria’s Hud...

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75% wage subsidy for businesses.

Posted on Mar 27, 2020



In his morning address on Friday, Canada’s Prime Minister announced that the federal government will increase its wage subsidy for small and medium sized businesses to 75% – up from last week’s initial 10%.

The measure will also be backdated to March 15th, and was made to potentially avoid layoffs during the COVID-19 pandemic.

He stated this morning...

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Commercial Lease Default: A Tenant Guide

Posted on Mar 25, 2020



You may need to get out of your commercial lease or find yourself in a situation where you purposefully need default on your lease. In other cases, maybe business hasn't thrived the way you hoped, so you find yourself financially strapped and unable to meet the economic obligations of your lease. Finally, you might unknowingly default on your lease...

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