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One Victoria Place is a proposal for a 35-storey mixed-use residential and retail tower along the 1500-block of Blanshard Street between Pandora Avenue and Cormorant Street in downtown Victoria.
Please note: this proposal may or may not proceed as a rental development.
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Lots of tall buildings on the church parking lots on Caledonia
On this very forum I seem to recall hearing a few hints and rumours about their long-term plans.
G-man: exactly which hundreds of millions are you talking about that is actual capital and not simply money borrowed with CHMC guarantees? Certainly not for the last few years of rental buildings in BC.
The design will definitely be revised before it goes to council.
In this interview the president of Reliance says the building will have: Retail / Co - working space / Artist Live - Work Space and Condos Above. Doesn't sound like any rental at this stage.
https://omny.fm/shows/cfax-1070/victoria-s-skyline-could-be-changing-one-victoria
Stovell was asked twice in that interview and he only mentioned condo not rental both times. I don't think anything is 100% at this point though.

35-storey 'One Victoria Place' mixed-use tower unveiled for Blanshard St. at Pandora Ave.
321-unit highrise tower envisioned for 1520 Blanshard Street could stand as Island's...

Vancouver-based developer pitches Victoria's tallest building for Blanshard Street property
35-storey tower could become the tallest building on Vancouver Island, if approved and built in downtown Victoria.