Address:
Cook and Pendergast is a proposal at 324-328 Cook Street and 1044-1054 Pendergast Street for a four-storey residential development with a ground floor commercial component in the City of Victoria's Cook Street Village commercial node.
Click here to learn how to keep your data current and how to upgrade to a Citified Plus project profile.
If you have the cash to fund the project yourself, why sell now when it's going to fetch a lot more at completion?
risk management.
if you borrow most of the money and all goes sideways you can always go bankrupt with that new company (you incorporate a new company for each project).
In this market the risk can be somewhat mitigated in that the units can be converted to rentals on completion, and the building sold to an REIT.
In this market the risk can be somewhat mitigated in that the units can be converted to rentals on completion, and the building sold to an REIT.
Or sold to BC Housing at twice market value.
Subsidized daycare to play key role in dev pitched for Pic-A-Flic site in Cook Street Village
A proposal to build a four-storey condominium complex on Cook Street at Pendergast Street now includes plans for a subsidized daycare in an adjacent commercial space.
First look: new design for latest condo and commercial dev eyed for Cook Street Village
Developer Aragon Properties has revealed the latest design concept for its Cook & Pendergast proposal in Victoria's Cook Street Village.
Plans for 'Pic-A-Flic Video' redevelopment proposal unveiled
Aragon Properties plans to build a mixed-use residential and commercial development in Victoria's Cook Street Village.
Mixed-use residential and retail dev eyed for Pic-A-Flic's Cook Street Village digs
A development proposal in the Cook Street Village encompasses several lots on Pendergast Street and a commercial building on Cook Street.
STAY CONNECTED TO CITIFIED