Citified is the most comprehensive resource for researching a new-build home or commercial space in metro Victoria and southern Vancouver Island.
Victoria Change City
Victoria developer acquires landmark development site in Capital's James Bay neighbourhood

An aerial depicting Mike Geric Construction's 36,000 square foot land acquisition on Quebec Street at Montreal Street by developer Mike Geric Construction. The company says a mixed-use project with communities amenities, housing diversity and public realm improvements are envisioned for the site.  Mike Geric Construction

Victoria developer acquires landmark development site in Capital's James Bay neighbourhood
MIKE KOZAKOWSKI, CITIFIED.CA
Development and contracting firm Mike Geric Construction (MGC) has acquired a large land assembly in Victoria’s James Bay neighbourhood, and plans for the property indicate a landmark project is in the works.
 
Advertisement
 
Comprised of five parcels at 205 Quebec Street, 597 Montreal Street and 210-224 Kingston Street, the 36,000 square foot acquisition is one block from the shores of the Inner Harbour, and within walking distance of downtown Victoria. Its current use is as a surface parking lot.
 
“Our vision is to transform the site into a mixed-use development that will bring community amenities, housing diversity and public realm improvements to the neighbourhood,” said Edward Geric, president, Mike Geric Construction. “We have already begun conversations with our neighbours and the broader community to start developing a shared vision for a really forward-thinking development proposal that will add value to the area and benefit all of our neighbours.”
 
Retained to design the project is Victoria-based architectural firm D’Ambrosio Architecture + Urbanism, a company known for its bold concepts and high profile office, residential and commercial buildings throughout the Capital, while Murdoch deGreef Landscape Architecture will focus on the perimeter and its green spaces.
 
“This site is adjacent to a mature residential neighbourhood as well as one of the city’s most popular tourism districts, all within walking distance to downtown, James Bay Village, Fisherman’s Wharf and Beacon Hill Park,” said Geric. “It’s an idyllic piece of property and we’re very grateful to have the opportunity to bring forward a plan to create something special here.” 
 
The property purchase price has not been disclosed.
 
MGC is currently developing the first mass timber-designed highrise condominium on Vancouver Island, known as Tresah (now selling), along Douglas Street’s burgeoning Mayfair District. In June the company secured approvals from the District of Saanich for Doral Forest Park, a two-building condominium with a below-market homeownership component slated for Elk Lake Drive near its sold-out Travino community along West Saanich Road. And in planning in Saanich is 750-760 Enterprise Crescent, a mixed-use residential and commercial project at the site of Glanford Road's Bird of Paradise Pub. C
 
Receive Citified's timely real-estate news straight to your inbox. Sign up for our newsletter, and connect with us on Facebook:

 

© Copyright 2021 by Citified.ca. All rights reserved.

 Article resources

You may be interested in:

Large infusion of "diverse density" key to sustaining downtown Victoria's economy: DVBA

Large infusion of 'diverse density' key to sustaining downtown Victoria's economy: DVBA


Comments










Projects with relevant tags

Capital Park Office, building 2

500-block of Superior Street, Victoria
117,500 sq. ft.,
5-storeys
offices, commercialbuilt

The Charlesworth

1015 Cook Street, Victoria
5-storeys
rentalsbuilt