A digital rendering of what the Harris Green Development could look like. (File contributed/ IBI group for Starlight Developments)

More than a million square feet of rental units proposed for downtown Victoria development

The Harris Green development is proposed to take over two large lots on Yates Street

A Toronto-based developer has proposed a massive downtown Victoria mixed-use development that would see more than 1 million square feet of residential rental space included.

Over several years, Starlight Developments bought out the properties at the 900 and 1000 block of Yates Street, currently occupied by the Harris Green Plaza, home to community staples such as the Market on Yates, London Drugs, Bin 4 Burger Lounge and more. In the near future, however, the block will be home to much more.

Now, three new buildings are proposed for the area, as well as an intermittent green space.

ALSO READ: A Toronto developer looks to develop two blocks in downtown Victoria

The building at 1045 Yates St., currently occupied by the Harris Victoria Chrysler Dodge Jeep Ram car lot, would host a 17-storey building, with a 15-storey podium. Two buildings would be stationed at the 900 Yates St. address, presently where London Drugs is, with 25 and 22 storeys and a 19-storey podium.

Within those buildings would be 1.28 million sq. ft. of residential space, equating between 1,200-1,500 units.

“The residential units will be 100 per cent rentals,” said said Mark Chemij, senior development manager at Starlight Developments. “In Victoria the vacancy rate sits around one per cent, while a healthy market is typically between three and five per cent… We’re hoping to provide a valuable supply of purpose-built rentals to the market.”

Chemij said at this point they had not determined a target demographic for the units, but that they would vary in design from studio suites all the way up to three-bedroom units.

ALSO READ: City of Victoria considers proposed senior rental development

On the ground floor there would be 100,000 sq. ft. of retail space available, though it’s too early to say who will be there.

“It’s our hope that we can keep our tenants if they choose to stay,” he said.

Between the two properties there would be a half-acre green space which would act as a village plaza.

On Tuesday Starlight presented its early ideas to the public in a Community Association Land Use Committee Meeting, an event which Chemij said went well.

“We’re pretty excited to present our initial concepts to the public,” he said. “We’re quite encouraged by what we heard and look forward to working with the city and the community.”

Starlight will put forward a development permit and a rezoning permit application to the City of Victoria in January.

nicole.crescenzi@vicnews.com

Like us on Facebook Send a Tweet to @NicoleCrescenzi
and follow us on Instagram

Get local stories you won't find anywhere else right to your inbox.
Sign up here

 

Artistic sketches show what the development at Harris Green could look like. (File contributed/ Hapa Collaborative for Starlight Developments)

Artistic sketches show what the development at Harris Green could look like. (File contributed/ Hapa Collaborative for Starlight Developments)

Just Posted

Future space homes could be made of mushrooms

NASA explores use of fungi to build structures in space

All Carlton Cards stores closing in the coming weeks

Schurman Retail Group stores across North America will close, including 79 in Canada

Meet Arthur Heart, Oak Bay Avenue’s resident stickman

Contest winner dubs stickman Art Heart

Sidney cadet takes home gold at South Island Zone biathlon

‘Rising star’ sets her sights on provincials

VIDEO: Trudeau insists Iran respect families’ wishes when it comes to burials

All 176 people on board the Ukraine International Airlines flight PS752 were killed

Greater Victoria Crime Stoppers wanted list for the week of Jan. 21

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

B.C. RCMP spent roughly $750K on massive manhunt for Port Alberni men

Manitoba RCMP helped with 17-day search through the province’s northern terrain

Island Bakery in Cobble Hill to close

Cobble Hill store in business since 1982

Man killed by police in Lytton called 911, asking to be shot: RCMP

Howard Schantz, also known as Barry Schantz was killed following a standoff at his Lytton home

Canadian public health agencies ramping up preparations in response to new virus

Health officials have said there are no confirmed cases of the emerging coronavirus in Canada

‘Naughty boy’: Monty Python star Terry Jones dies at 77

The comedian has been suffering from a rare form of dementia

Most Read