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Douglas and Caledonia, condo, is a proposal for a 21-storey condominium tower with office and retail uses along the 700-block of Caledonia Avenue at Douglas Street in the City of Victoria's Burnside-Gorge neighbourhood.
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Developer of towers at Douglas and Caledonia wants to reduce office space, add rental housing
Development firm Chard said they want to significantly reduce the office component and replace it with rental homes.
"He noted it has meant other developers have been forced to cancel or postpone some projects."
Interesting. Is this why so many projects that got approved over a year ago haven't started? Thinking specifically of that office building that is supposed to go where Capital Six is, the hotel where Monk Office is, and the first phase of the Harris Green project.
Capital 6 might make sense when government tenants decide to vacate older spaces and consolidate into new spaces."He noted it has meant other developers have been forced to cancel or postpone some projects."
Interesting. Is this why so many projects that got approved over a year ago haven't started? Thinking specifically of that office building that is supposed to go where Capital Six is, the hotel where Monk Office is, and the first phase of the Harris Green project.
Harris Green Village is already a rental, so it’s not faced with a use that could be converted to rentals. The hotel on Fort and Blanshard is going to potentially be more lucrative now that AirBnBs are being banned.
Generally speaking office development is not a priority right now, so it makes sense for Chard to redesign while they easily can.
Chard's Douglas & Caledonia project back before the City for more housing, less office space
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