750 Pandora Avenue is a 13-storey, 189,081 square foot office development with ground floor retail space in the 700-block of Pandora Avenue.
The building is rising in conjunction with Douglas House, a six-storey, 111,428 square foot office complex situated immediately to the west.
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Approximately 11,000 square feet of ground floor commercial space fronts onto Cormorant Street and Pandora Avenue.
Uptown Phase 3 finished relatively recently as well.
Yup over 2 years ago
Belmont park retail buildings. I'd had to add them up, but I doubt there is that much. It doesn't cost much to build little 10k sf stand alone buildings
160,000 sq ft of retail and commercial space over 18 acres at Belmont Market
Crombie's website says $104m of construction cost
^hahaha, only $650/sf!!!!!!!!!!!!!!!!! Ya right
The vacancy rate among new spaces remains very high due partly to the cost and delays that come with finishing a brand new space, and the monthly upkeep costs.
Spaces remain vacant in virtually every recently built condo or rental with ground floor commercial space:
- 1075 Pandora
- 595 Pandora
- Hudson Walk One (the space is now the Hudson Place 1 sales centre)
- Hudson Walk Two
- Douglas House
- Legato (what’s the story there?)
- Azzurro (is it fully leased?)
Tenants have not really been announced for any of the towers and larger projects now underway, but I guess there’s plenty of time for that.
Looks like they've got the window wrap up now confirming that The Agency will be moving into both spaces at Legato.
The Agency is a luxury real estate company known for its presence on Million Dollar Listing Los Angeles. Cowichan Realtor Brian Danyliw very recently (summer time) acquired the Canadian rights to The Agency and has been aggressively expanding across Vancouver Island and the rest of BC/Alberta.
Interesting. Thanks for that.
BCI's relocation to downtown Victoria will coincide with a near quadrupling of staff from the investment organization's former Burnside-Gorge location.
Serving as a one-way side street since the 1960's, the 700-block of Cormorant Street is being reconfigured for two-way traffic.
Employees at several office buildings in Victoria will soon have the option of participating in a bike share program.