The Medical Arts Building at 1105 Pandora Avenue is the focus of a redevelopment effort by Vancouver-based Amadon Group, Citified has learned.
Plans indicate the developer intends to restore the 1950's-era office and commercial block and transform it into condos, while padding the height with an additional two floors of residences along the north and west wings. On the surface parking lot immediately to the south, at Johnson and Cook streets, a four-storey, woodframe mixed-use condo and commercial building is also envisioned.
The project will encompass just over 70 residential units and approximately 24,000 square feet of ground floor commercial space, a portion of which may be eyed for a small market or grocery store fronting Johnson and Cook streets.
Amadon Group is expected to file a formal application with the City of Victoria this spring. Pending municipal approvals and development permits, construction could get underway by next year.
The nexus of Pandora Avenue and Cook Street in downtown Victoria's northeast quadrant has been an active development zone for several years. Kick-starting the area's transformation was Alpha Project Development's 10-storey, 93-unit Mondrian condo with ground floor commercial space (completed in 2014) on Johnson Street at Cook Street.
One block east a five-storey, 34-unit rental development was completed last year, and most recently Victoria-based Cox Developments has started construction on a 13-storey, 133-unit rental tower with ground floor commercial space immediately north of Mondrian, dubbed 1075 Pandora. That project's second phase consists of a 10-storey residential building situated immediately west of Mondrian.
Across Pandora Avenue at Vancouver Street, Vancouver-based Blue Sky Properties (a subsidiary of Bosa Properties) has received approvals for 1008 Pandora Avenue, a six-storey, 195-unit rental development with a sizable ground floor commercial component. Two blocks south Cox Developments is readying for the marketing launch of its 17- and 15-storey, 205-unit 989 Johnson development on Johnson Street at Vancouver Street. And fronting onto Yates Street on the same block, Alpha Project Development's 17-storey Legato tower is in the excavation phase with a construction start scheduled for this spring. C
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