B.C.-based grocery chain Save-On-Foods will be the anchor tenant at an upcoming downtown Victoria mixed-use rental and commercial development at Pandora Avenue and Vancouver Street, Citified has learned.
Set to occupy approximately 35,000 square feet of retail space at BlueSky Properties' 1008 Pandora project – a six-storey, 195-unit purpose-built rental building with some 50,000 square feet of commercial space – Save-On-Foods will become the downtown core's first full-size grocery store at twice the floor space of its nearest competitor, the Market on Yates.
Save-On-Foods currently operates six locations throughout the capital region with a seventh opening in Langford this spring. The downtown Victoria store will be the company's eighth on the south Island.
Among other tenants expected to situate at BlueSky's development are a Starbucks coffee shop and a liquor store. Occupancy for 1008 Pandora is slated for late 2018 or early 2019.
The northeast quarter of Victoria's downtown core is rapidly developing as builders race to supply both condominium and purpose-built rental units in an inventory-starved market. Projects like The Wade, a 102-unit condominium complex coming to Pandora Avenue at Cook Street kitty-corner from the 1000-block of Pandora Avenue, and a 138-unit purpose-built rental complex at 1075 Pandora Avenue, will bring hundreds of individuals to the immediate area. Together with 1008 Pandora's 195-units, some 600 new residents will call the upper Pandora corridor home by 2019. C
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