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Capital VI is a proposal to build a ten-storey office and retail complex on the site of the Capital Six Theatre along the 1200-block of Blanshard Street between the 800-blocks of Yates and View streets in downtown Victoria.
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The DP lapses if construction hasn't substantially started within two years of DP issuance.
I don't think they secured a DP when they secured the rezoning, knowing that they still have a lengthy lease in play with the theatre? The permit is typically archived once it has been secured, I thought. That's how it works with development applications, anyhow.
We don’t really know what the archiving means. It could also mean the current application has been postponed.
This and the revitalization of Blanshard would go along nicely together.
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