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

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

Up to 1,500 new rental units proposed for Victoria

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

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

DevelopersdevelopmentHousingRental accommodationrental marketRentals

 

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)

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

Cory Mills, Eric Blackmore and A.J. Jensen, all 20, drown in the Sooke River in February 2020. (Contributed photos)
Coroner confirms ‘puddle jumping’ in 2020 drowning deaths of three Sooke men

Cory Mills, Eric Blackmore and A.J. Jensen pulled into raging river driving through nearby flooding

Nanaimo-raised singer Allison Crowe with director Zack Snyder on the set of ‘Man of Steel’ in 2011. Crowe performs a cover of Leonard Cohen’s Hallelujah in the upcoming director’s cut of ‘Justice League.’ (Photo courtesy Clay Enos)
B.C. musician records song for upcoming ‘Justice League’ film

Allison Crowe’s close connection to director led to rendition of Leonard Cohen’s Hallelujah

A 50-year-old man was stabbed in an altercation that started with a disagreement about physical distancing. (File photo)
Argument about physical distancing leads to stabbing in Nanaimo

Suspect arrested on Gabriola Island an hour after incident Wednesday, Feb. 24

A battery electric-hybrid ferry, pictured here, is expected to make its way to Vancouver Island in late 2021, says B.C. Ferries. (Submitted photo)
Hybrid ferry for Gabriola-Nanaimo route launches in shipyard in Europe

Two hybrid vessels to replace MV Quinsam by early 2022, says B.C. Ferries

G.P. Vanier in Courtenay has six members of the community who have tested positive; Island Health identified seven staff and 78 students who will be required to self-isolate. Black Press file photo
Eight sick, 108 more isolating in Comox Valley school district due to COVID-19

District says that all who tested positive did not contract COVID-19 within the school sites

Provincial health officer Dr. Bonnie Henry updates B.C.’s COVID-19 situation at the B.C. legislature. (B.C. government)
B.C. reports 10 additional deaths, 395 new COVID-19 cases

The majority of new coronavirus infections were in the Fraser Health region

Nanaimo Ladysmith Public Schools is preparing a rapid response team proposal for submission to the B.C. Ministry of Education. (Chris Bush/News Bulletin)
Nanaimo-Ladysmith school district chosen as COVID-19 rapid response team

Team to consist of SD68 and Island Health staff, according to B.C. Ministry of Education

A new survey has found that virtual visits are British Columbian’s preferred way to see the doctor amid the COVID-19 pandemic. (Unsplash)
Majority of British Columbians now prefer routine virtual doctor’s visits: study

More than 82% feel virtual health options reduce wait times, 64% think they lead to better health

Captain and Maria, a pair of big and affectionate akbash dogs, must be adopted together because they are so closely bonded. (SPCA image)
Shuswap SPCA seeks forever home for inseparable Akbash dogs

A fundraiser to help medical expenses for Captain and Maria earned over 10 times its goal

The missing camper heard a GSAR helicopter, and ran from his tree well waving his arms. File photo
Man trapped on Manning mountain did nearly everything right to survive: SAR

The winter experienced camper was overwhelmed by snow conditions

Castlegar doctor Megan Taylor contracted COVID-19 in November. This photo was taken before the pandemic. Photo: Submitted
Kootenay doctor shares experience contracting COVID-19

Castlegar doctor shares her COVID experience

Ashley Paxman, 29, is in the ICU after being struck by a vehicle along Highway 97 Feb. 18, 2021. She remains in critical condition. (GoFundMe)
Okanagan woman in ICU with broken bones in face after being struck by car

She remains in serious condition following Feb. 18 incident

Vancouver International Women in Film Festival kicks off March 5.
Women in Film Festival features two B.C. filmmakers

The 16th annual festival kicks off March 5, 2021

The BC SPCA is offering many chances for school-aged kids to learn about animal welfare and other animal topics. Pictured here is Keith, a three-month-old kitten seen on Nov. 4, 2020 at the Chilliwack SPCA. (Jenna Hauck/ Chilliwack Progress file)
From pets to wildlife, BC SPCA offers animal education programs geared to youth

BC SPCA offering virtual spring break camps, workshops and school presentations

Most Read