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MikeK> Absolutely agree that CHMC is the major driver for rental construction. In terms of high rises have you actually looked to see what percentage of high rise buildings approved or started in the last two or three years are rental in Victoria?
To be be clear look at what has been approved or applied for in the last two years and not condo buildings that were started years ago.
So give me your percentage of high rise buildings applied or approved for Victoria that are rental as opposed to new condo approvals.
Who’s advising you that they are? I hope it’s not the same guy telling you Victoria’s population has ceased growing :)
Victoria population grew 1.5 percent last year, a decease from previous years. Canada's population is projected to be flat. So why dont you give me studies that project otherwise Mike.
CHMC funding is now supposedly at 95% of a project but there is some serious play in those numbers.
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Haven from Chard Development completed along the 1100-block of Johnson Street in 2024, and has three of its 104 homes remaining for sale. The BC Housing-backed project has helped renters transition into homeownership through an initiative known as Affordable Home Ownership Program, or AHOP.
101 homes sold, 3 to go: BC Housing-backed affordable homeownership program helping renters buy Victoria condos
New downtown daycare and retailers to anchor newly-built Nest condominium tower
Fueling Brains Academy childcare centre will open soon at Yates and Cook streets' Nest tower from Chard Development.
Newest downtown Victoria condo tower completes with 107 homes at Yates and Cook
Chard Development is celebrating the completion of Nest, a 12-storey project on Yates Street at Cook Street.
2025 will be a big year for downtown Victoria's stock of rental apartments, Citified data shows
Nearly 700 units in downtown-proper and just under 800 when adding the periphery will complete...
Downtown Victoria will add 130 rental apartments in 2024, while condo dearth shows no sign of easing
Few rental homes will add to downtown Victoria's housing stock this year, while few condos are on the horizon for 2025 onwards.
Johnson Street's Haven condo reaches sold-out status; BC Housing-backed dev on track for 2024 completion
104-suite Haven is now underway along Johnson Street east of Cook Street.
Last chance: BC Housing-backed Haven and 12-storey Nest condos are 94% sold-out
Downtown Victoria's Haven and Nest condominium offerings are on the precipice of sold-out status following buying spree.
Buyers are back: Surge in downtown Victoria condo demand propels landmark Nest and Haven pre-sales to over 80% and 50% sold-out, respectively
BC Housing-backed affordable ‘Haven’ condo turning home ownership dreams into reality
Victoria's rental apartment vacancy rate back to all-time lows as new housing supply lags demand
Near-zero vacancies present opportunity for private investors, while new government programs hope to turn renters into owners.
Chard Development unveils 'Nest' condominium offering in Victoria's Fernwood neighbourhood
107-suite release includes one, two and three-bedroom layouts with up-market finishings and market-leading amenities.
Public parkade opens this spring between 800-blocks of Yates and Johnson streets
62-stalls of public parking within the Yates on Yates and Vivid at the Yates parkade will be accessible soon via Johnson Street.
Ten on the 10th: Real-estate development Q&A with Byron Chard of Chard Development
Developer Byron Chard discusses Victoria's real-estate development industry.
Downtown daycare, affordable condos pitched as part of three-building redev of high-profile Ithaka Greek Restaurant block
Condominiums, rental apartments and a restoration of the Victoria Professional Building on Yates Street at Cook Street are part of a significant real-estate play unveiled by Chard Development.
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