Former retailers of the 1500-block of Douglas Street across from City Hall include a Royal Bank, a San Francisco store, and a Victoria icon, Douglas Street News. Citified.ca.
An entire row of aging buildings along the 1500-block of Douglas Street will be coming down in early August to make way for 1515 Douglas, a nearly 300,000 square foot mixed-use office and ground floor commercial development by Jawl Properties.
The massive site excavation, which will eventually expand to cover the majority of an entire city block, has begun on the east end of the property where a 13-storey tower will rise on what was once a surface parking lot. In the coming weeks excavation will begin to spread westward towards Douglas Street where 1515 Douglas' six storey phase will front onto Victoria City Hall.
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| Aerial and approximate massing of 1515 Douglas. Citified.ca. |
Jawl Properties had initially planned to build only the six storey phase while the 13-storey tower had no definitive construction date confirmed. However, market demand proved so strong the developer is now building both phases concurrently.
"The two phases are proceeding simultaneously and we expect occupancy to be achieved for both buildings within a few months of one another. The market response to both buildings has been positive and significant pre-leasing of the complex has been completed," said Jawl Properties representative Robert Jawl.
Phases I and II will contain 273,000 square feet of high-profile Class A office space and 21,400 square feet of ground floor commercial space. Both buildings will be ready for occupancy in 2018. C
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