Citified is the most comprehensive resource for researching a new-build home or commercial space in metro Victoria and southern Vancouver Island.
Victoria Change City
Province gives go-ahead for 12-storey mass timber-designed highrises

The province has adopted new changes to the building code permitting woodframed buildings to rise as tall as 12-storeys, such as this proposal slated for Admirals Road in Esquimalt.  Standing Stone Developments

Province gives go-ahead for 12-storey mass timber-designed highrises
MIKE KOZAKOWSKI, CITIFIED.CA
The province is adopting changes to B.C.’s building code that will permit woodframed buildings to rise as tall as 12-storeys.
 
Using mass timber technology, solid or engineered wood products will provide the real-estate development industry with more choice for constructing residential and commercial projects taller than six-storeys, the previous limit for wood-built designs.
 
“Changes to the national building code that allow for taller wood buildings take effect next year, but we’re not waiting to get started,” says Premier John Horgan. “Our government is ready to work with communities to build safe, secure and green tall wood buildings that will create jobs, grow B.C.’s value-added sector and realize our low-carbon future.”
 
With provincial support for mass timber highrise developments secured, two residential projects planned for Greater Victoria will now have the opportunity to proceed as early adopters of the updated building code.
 
Already approved in Esquimalt and awaiting the green light from the province, Corvette Landing is a mass timber-designed 12-storey condominium slated to rise along Admirals Road at Naden Way. The project will consist of 83 homes.
 
And in the City of Victoria another 12-storey condominium tower using mass timber technology is reportedly making its way through the approvals process, although details pertaining to that proposal have yet to be made public.
 
Utilizing faster off-site and on-site construction techniques, mass timber building designs can yield significant savings for developers and government-backed housing agencies, leading to shorter wait times for housing and greater levels of affordability.
 
However, the insurance industry may need time to adjust to the new building code and their effect on premiums.
 
Speaking to Citified as part of a monthly question-and-answer instalment with real-estate development professionals, Luke Mills of local insurance brokerage Megson FitzPatrick Insurance says woodframed construction is likely to lead to higher premiums, at least over the near-term.
 
“Many insurance companies are scaling back the amount of wood frame risk they are willing to underwrite due to fire exposure,” Mills said. “This means that larger wood frame projects are likely to experience higher premiums, deductibles and tighter warranties or conditions.”
 
B.C.'s building code changes are a step ahead of federal measures that will adopt a 12-storey limit on woodframe buildings, but not until next year. The move in B.C. comes amid a desire to support the forestry sector and help the province meet its climate action goals by introducing new building techniques with a lower environmental footprint, which woodframed construction achieves.
 
The Ministry of Municipal Affairs and Housing staff will begin reaching out to local governments with requests for expressions of interest while detailing the next steps for local governments interested in pursuing the building code changes ahead of their federal implemention. C
 
Receive Citified's timely real-estate news straight to your inbox. Sign up for our newsletter.

 

© Copyright 2019 by Citified.ca. All rights reserved.

 Article resources

You may be interested in:

Vancouver's MeeT chain of vegetarian eateries sets sights on Victoria

Vancouver's MeeT chain of vegetarian eateries sets sights on Victoria


Comments










Projects with relevant tags

Rentals at Eagle Creek Village

Helmcken Road at Watkiss Way, View Royal
4-storeys
rentals, commercialbuilt

The Grove

2921 Earl Grey Street, Saanich
39 units,
5-storeys
condosapproved