Crosstown, phase 1 is a mixed-use affordable housing and commercial development along the 500-block of Burnside Road East in the City of Victoria's Burnside-Gorge neighbourhood. The project is a redevelopment of the former Tally-Ho Hotel property with frontage that extends onto the 3000-block of Douglas Street.
The building will be comprised of a lowrise complex with two levels of commercial space below residences. Approximately one-third of the homes will be supportive care units.
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The document appears to only describe phase 1.
The public hearing was for rezoning and DP issuance. The rezoning applies to the whole site, the DP is for Phase 1. I believe the Temporary use permit allowing the old Tally-Ho to be used as transitional housing was also extended but not 100% sure on that.
TL Solutions and BC Housing tried to develop a project at the old Bay site 5 years ago when the BC Auditor stepped in.
“B.C. Housing was prepared to go forward with this project despite the fact there were significantly unresolved issues with respect to the project’s financial viability,” said the report. “Further, B.C. Housing management knew of these issues, but appeared undeterred in proceeding with the project."
The executive summary said auditors found the Townline-retained appraiser overstated the property value by approximately $900,000, leading to a public perception that the province was receiving a substantial discount on the announced $4 million land purchase
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Over 150-units of affordable apartments, retail spaces and offices are part of a proposal to redevelop the Tally-Ho Hotel property on Douglas Street near Finlayson Street.