Downtown-proper and the neighbourhood of Harris Green, including border streets, were a hive of construction activity last year, however, not one active project tracked by Citified received occupancy between January and December. Active inventory in the two neighbourhoods included four condominium developments, five rental buildings and an office tower.

 

Since the New Year, though, two rental projects have completed (Townline's Hudson House and Pacifica Housing's Dalmatian), with nearly 400 units between them, and a further two are expected to reach occupancy this year, along with two condominiums, provided construction schedules do not extend beyond their 2023 completion forecasts. Collectively, the still underway projects will yield an additional mix of condominiums and rental apartments totalling 400 units, bringing 2023’s anticipated new unit count to approximately 800 homes. Multiple projects are in-store for occupancy in 2024 and 2025.

 

Aside from the 2022 blip, the housing inventory pipeline looks healthy across the near and long-term horizons.

 

Later this year, Starlight Developments will launch construction of an ambitious multi-phased re-purposing of the 900 and 1045 blocks of Yates Street. Known as Harris Green Village, the effort will grow downtown’s housing stock by 1,500 to 1,600 rental apartments across five towers by 2035 (built in phases, with the first 500 units expected by 2026), plus modernized ground floor storefronts, a public plaza in the 900-block of Yates Street and a 10,000 square foot amenity space for the City of Victoria.

 

Across the street from Starlight’s 1045 Yates Street property is a proposal from Chard Development for nearly 500 units of rental apartments at 1050 Yates Street, expected to get underway in 2024. Both the Starlight and Chard projects will rise on land formerly occupied by automotive dealerships.

 

Elsewhere in the downtown core additional projects are proposed, including a three-tower, rental and condominium community on Douglas Street at Caledonia Avenue, and numerous proposals in the downtown core’s Design District along the downtown-Burnside Gorge border.

 

For a full list of developments tracked by Citified, view condominium projects on Citified’s condominium portal, and rental projects on Citified's rental portal. C

 

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