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Harris Green Village, tower 1 is a proposal for a 32-storey mixed-use purpose-built rental tower with ground floor retail space along the 900-block of Yates Street in downtown Victoria's Harris Green Village development.
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Hi FLW, yes, a typical lease is five years.
It would likely be that the final phase of development would take place where London Drugs/that coffee shop are, so it could be a while yet before anything happens even if construction were to take taking place on phase 1 starting today. Phase 2 is where Market on Yates is located (they'll be moving to phase 1).
It is peculiar that nothing has happened on the Harris lot just yet. Maybe nearby construction projects are using that land for staging construction equipment so it's economically viable for Starlight to continue leasing it.
So if Starlight is under little pressure to build 1500 homes, one can assume the housing "crisis" is over?
Hi FLW, yes, a typical lease is five years.
It would likely be that the final phase of development would take place where London Drugs/that coffee shop are, so it could be a while yet before anything happens even if construction were to take taking place on phase 1 starting today. Phase 2 is where Market on Yates is located (they'll be moving to phase 1).
It is peculiar that nothing has happened on the Harris lot just yet. Maybe nearby construction projects are using that land for staging construction equipment so it's economically viable for Starlight to continue leasing it.
First phase of phase two (London Drugs) will actually be the Market store coming down if they are the ones moving to Phase one
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