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Perhaps the CoV is "Northern Junking" the process. Can't rush these things through without years and years of analysis. After all, it's not 24/7 camping in city parks. There are massive repercussions to approving a 10-storey seniors' building in a city's downtown core.
Old folks aren't what they used to be. 65 year olds were born in 1952. I have it on good authority that people born in the sixties will be old folks in the near future. Astounding but true.
Now it's 1955. Time marches on.
What's happening here? It's been over a year since anyone's posted about it and over a year since there were any updates on the Development Tracker.
The project was endorsed unanimously by Council on August 8, 2019. It will be sent to a Public Hearing after all of the legal agreements have been drafted and registered on Title. So as far as I know, it's legal documents holding things up, which may or may not be due to the lenders (that's usually been the case with developments I work on).
Revised plans were posted to DevTracker today. No changes to the exterior, but they are increasing total unit count to 280 and increasing the # of student rentals. There are 14 units set aside as affordable rentals (5% of overall total).
A letter listing all of the revisions is here: https://tender.victoria.ca/webapps/ourcity/Prospero/FileDownload.aspx?fileId=82D173DF-E416-4331-81C6-555BC2A48903&folderId=11180C170927145216076033
A public hearing is anticipated before mid-year for this project; unit count remains 280.

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Antique Row mega-project to bring seniors housing and 35,000 sq. ft. of retail space to Fort at Quadra
Nearly 300-units of rental apartments and a sizeable commercial component are proposed for Fort Street's Antique Row.