Roundhouse Marketplace is the first phase of Bayview Place's Roundhouse development in the City of Victoria's Vic West neighbourhood. Comprised of commercial spaces, Roundhouse Marketplace will include a variety of retail opportunities in both new-build and restored heritage buildings at a Canadian National Historic Site.
The site's anchor tenant is expected to be a grocer occupying nearly 32,000 square feet of the historic railroad roundhouse building. Smaller commercial units will range between 1,145 to 5,848 square feet.
A unique retail opportunity in the form of eight railroad boxcars will provide tenants with spaces of 400 to 500 square feet situated throughout the northeast area of the Roundhouse property.
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Doesn't explain why the Promontory has re-sold so much higher per square foot since 2014-now.
I lived at the Bayview for three years and whenever I list properties in the building or take buyers through the quality does not seem to be a huge decision factor. For example, I talk about solid core doors in the Bayview One video below but it just doesn't translate to buyers paying more...
I felt the same way about the Leeds program benefits. Loved the idea, felt I should be socially conscious, but dammed if I was going to pay through the nose for it!
Every one has their value points but everyone also has their price that they are willing to pay for those points.
I fully agree with Marko. Bayview is one of the best values out there for condos, imo. I wish the market could bear more buildings of that calibre but it's unlikely. The skyrocketing construction costs likely would also be a factor.
I know it's in Esquimalt, but I wonder how the Red Barn on Esquimalt Road is doing and if it's succeeding in drawing patronage from that community and Vic West? One of my friends (an Esquimalt resident) has opted to continue patronizing Country Grocer as he felt that the Red Barn's prices were too high ...
I think they make a ton of money at lunch time and grocery sales are like a bonus
I'm glad we all agree on this. The finishing in Bayview One is top notch. Easily one of the nicest in Victoria.
Marko is right - those solid core doors :banana:
Any news on the the necessary land remediation?
Vic West's Roundhouse project has been re-envisioned for a greater focus on rental residences and a new site plan.
Rising to 26-storeys, the next phase of Focus Equities' Bayview Place and Roundhouse developments has been unveiled.
A planned 26-storey, 207-unit condominium tower at Vic West's Bayview Place development will usher in a new tallest building for Victoria. But the title may be short lived.