A luxury mixed-use condominium and retail project has been proposed for a long-vacant lot overlooking the View and Vancouver streets intersection, Citified has learned.

 

Dubbed The Ventana and rising to 14-storeys, the oval-shaped highrise designed by architect Jan Zak will be comprised of 21 residences sized at approximately 1,500 square feet, while two retail units will front onto the street below.

 

A rarity among Victoria’s condominium offerings, developer Don Charity of Mosaic Properties confirms purchasers will have the opportunity to combine two suites at Ventana to occupy an entire floor of the tower.

 

Amenities for residents are currently envisioned to include a lap pool and a fitness facility on the third floor, while two high-speed elevators will yield near-instant elevator access on all levels.

 

The Ventana’s footprint and architectural presence were designed with Mosaic Properties’ nine-storey Jukebox condominium project – currently under construction adjacent to Ventana’s site – in mind. The two buildings will share an underground parking component, with Ventana’s parking allowance yielding over 30 stalls. Such a high parking ratio is uncommon among the City of Victoria’s new-build residences where parking supply typically falls short of unit density.

 

Mosaic Properties expects to officially submit its development plans to the City of Victoria in the coming weeks. However, Charity tells Citified it is too early to estimate a municipal approvals time frame or anticipated pre-sale and construction dates.

 

The Ventana is the latest project to surface in downtown Victoria’s Harris Green neighbourhood where multiple residential developments have completed over the last several months, are currently under construction or are nearing the start of construction.

 

An artist's rendering of The Ventana, a 14-storey luxury residential development proposed for View Street at Vancouver Street in downtown Victoria's Harris Green neighbourhood. The 21-unit tower will feature a lap pool as one of its resident amenities, visible on the bottom-left of the rendering, and will share an underground parking facility with the Jukebox condominium project (currently under construction and depicted as a rendering along the bottom half of the image).  Mosaic Properties

 

The most recent projects to receive their occupancy permits are Alpha Project Development’s 88-unit, 17-storey Legato condominium tower (standing 17-storeys tall on Yates Street across from London Drugs), Cox Development’s 134-unit, 13-storey V1488 rental tower on Pandora Avenue at Cook Street and Chard Development's 209-unit, 15-storey Yello on Yates rental complex.

 

Currently under construction along the 1000-block of View Street is Mosaic Properties’ Jukebox condominium (Ventana’s shorter sibling) with 215-units over nine levels. Cox Development’s 989 condominium towers, underway on Johnson Street at Vancouver Street, are rising to 15 and 17-storeys and feature 206-units. The Wade, a sold-out five-storey, 102-unit condominium underway on Cook Street between Johnson Street and Pandora Avenue, will yield a restored 1950’s-era Medical Arts Building office complex-turned residence. Also sold-out is Abstract Development’s Black and White, a six-storey, 75-unit condominium underway on Cook Street at Fort Street.

 

Closer to Harris Green’s border with downtown Victoria’s business district, Chard Development has nearly wrapped up sales on two 20-storey towers in the early stages of construction between the 800-blocks of Yates and Johnson streets. The Yates on Yates and its BC Housing-backed Vivid at the Yates towers will deliver 257 residences.

 

On Pandora Avenue at Vancouver Street is BlueSky Properties’ six-storey BlueSky Victoria project that will be home to a full-service Save-On-Foods grocery store and 195-units of rental apartments over five levels above.

 

And making their way through the municipal approvals process are about a dozen projects earmarked for Harris Green and its borders with neighbouring districts, most of which are earmarked as purpose-built rentals. If all are completed, they will deliver approximately 1,500 residences by 2025. View the complete listings of condominium and rental building proposals by viewing Citified's condo and rental listings. C

  

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