Reliance Properties has announced plans to rehabilitate the historic Fairfield Block building on Douglas Street at Cormorant Street across from Victoria City Hall.
Built in 1912, the Fairfield Block has been used as a transient accommodation/rooming house and includes 62 residential units along with 9,248 square feet of ground floor commercial space.
If plans proceed, Reliance Properties will maintain the building's residences as affordable market rental apartments.
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Six ground floor commercial units total 9,248 square feet and front onto Douglas and Cormorant streets.
Reliance Properties will be purchasing the Fairfield Block early in the new year. We will be looking at various options for the property.
It would make an awesome podium for a 20 storey residential building.
Hmm, I wonder if the building will be upgraded/restored and the air rights applied to another location in the city?
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