Victoria developer acquires landmark development site in Capital's James Bay neighbourhood
MIKE KOZAKOWSKI, CITIFIED.CA
Published July 14, 2021
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.
Comprised of five parcels at 205 Quebec Street, 507 Montreal Street and 210-218 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
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