A vacant lot at the intersection of Shelbourne Street and McKenzie Avenue in Saanich could soon be transformed into a mixed-use residential and commercial building, Citified has learned.
Formerly the site of a Shell gas station, the, 14,400 square foot property at 3949 Shelbourne Street is planned to house a six-storey, 78-unit purpose-built rental complex with two ground floor commercial units.
The anticipated unit make-up will yield a mix of 68 studio and one-bedroom residences and 10 two-bedroom suites. An underground parking component accessible off of McKenzie Avenue will accommodate 20 vehicles.
Developer NVision Properties submitted rezoning plans to the municipality in late 2017. Municipal approvals are anticipated by late 2018 pending feedback from Saanich's planning department and formal approval by Saanich council.
The undertaking is one of several development plans that will transform the area in short proximity of the busy traffic nexus.
Kitty-corner to NVision's proposal is University Heights Shopping Centre where developer Wesbild Holdings plans to build over 300-units of rental housing and nearly 200,000 square feet of modernized commercial spaces. The concept is currently before the municipality.
Opposite University Heights along the 4000-block of Shelbourne Street CIBC Bank is building a branch on a vacant lot adjacent to a Petro Canada gas station. The project has already secured municipal approvals.
And further north along Shelbourne Street (just beyond the University Heights property) developer Kang & Gill has plans to build a five-storey, 68-unit condominium complex dubbed Affinity. The project will be situated south of Kang & Gill's Boulevard condominium complex completed in 2015. C
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