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Homebuilding down only 9% despite pandemic; single-family starts on rise

Homebuilding down only 9% despite pandemic; single-family starts on rise

Driven by pent-up demand, the region鈥檚 homebuilders have maintained a strong pace through the COVID-19 pandemic, according to new data from Canada Mortgage and Housing Corporation.
University Heights project on hold because of dispute between developer, Home Depot

University Heights project on hold because of dispute between developer, Home Depot

A $230-million proposal to redevelop University Heights shopping centre has been put on 鈥減ause鈥 because of a dispute between the developer and its Home Depot tenant.
Buyer in talks for Western Speedway site in Langford

Buyer in talks for Western Speedway site in Langford

The future of Western Speedway is likely to be decided within the next six months after confirmation Tuesday the property is under a conditional contract for sale. Duncan Thomson, president of ESAI Corp., which has been preparing the 80.
Industrial developer snaps up 13 acres in Langford

Industrial developer snaps up 13 acres in Langford

One of the largest industrial developers in Western Canada has snapped up a 13-acre portion of Langford.
Tower with tilted look expected to be finished in 2023

Tower with tilted look expected to be finished in 2023

A building that won a major award and accolades even before shovels hit the dirt is underway in downtown Victoria. The Wedge, a $50-million residential tower at the corner of 91原创 and Johnson streets, is in early excavation stages.
August and September see record real estate sales, as spring market shifts to fall

August and September see record real estate sales, as spring market shifts to fall

Real estate apparently loves a pandemic, according to new numbers released Thursday by the Victoria Real Estate Board. In Greater Victoria last month, 989 properties changed hands, a 60 per cent increase over September last year.
Aquara seniors complex in Victoria delayed by pandemic and financing

Aquara seniors complex in Victoria delayed by pandemic and financing

Deposits have been returned to prospective buyers and renters now that the Aquara seniors complex at Bayview Place in Songhees has been paused.
Colwood council mulls plans for housing, offices, commercial, parkland at Royal Bay

Colwood council mulls plans for housing, offices, commercial, parkland at Royal Bay

Seacliff Properties鈥 plans for a mixed-use community with up to 2,850 homes on the site of a former gravel pit in Royal Bay has received initial support from Colwood council.
Roundhouse plan would bring 1,000 rental units; 26- and 30-storey towers proposed

Roundhouse plan would bring 1,000 rental units; 26- and 30-storey towers proposed

A proposal to allow more than 1,000 rental units in at least four 26- and 30-storey towers in the area around the historic E&N Roundhouse will go to the City of Victoria this week.
Summer real estate boom continues for Greater Victoria amid pandemic

Summer real estate boom continues for Greater Victoria amid pandemic

The Greater Victoria real estate market continued a summer boom, as sales and prices spiked again amid the pandemic.