Address:
Douglas and Caledonia, affordable rental, is a proposal for a 16-storey below market rental tower with along the 700-block of Discovery Street in the City of Victoria's Burnside-Gorge neighbourhood.
Click here to learn how to keep your data current and how to upgrade to a Citified Plus project profile.
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
Chard Development's approved three-tower project at former White Spot and City Centre Hotel sites could see changes.
After lengthy excavation, 10-storey Telus Ocean office tower starts rising on Douglas at Humboldt
154,000 square feet of offices and over 5,000 square feet of retail space will grow downtown's...
Victoria council approves 541 condominium and rental homes in north downtown
Chard Development along with BC Housing will deliver a wide spectrum of units across four towers on Douglas at Caledonia.
Telus Ocean's construction start launches office space boom in downtown Victoria
Nearly 350,000 square feet of modern office space could be added to downtown Victoria over several years.
Former downtown White Spot and City Centre Hotel properties eyed for 500-unit cross market-spectrum rental and condo dev
Four residential buildings, a grocery store, office...
STAY CONNECTED TO CITIFIED