Victoria poised for record breaking volume of office space construction
http://victoria.citified.ca/news/vic...-construction/
A record setting building boom will add over 700,000 square feet of modern office space to downtown Victoria and periphery neighbourhoods by 2020.
Concurrent construction of multiple office buildings, together with projects recently occupied and projects planned to complete by 2020, will mark the most productive period for office development in the City of Victoria's history.
Leading the fray in terms of sheer size is 1515 Douglas by Jawl Properties. Comprised of a
six storey lowrise fronting onto Douglas Street across from City Hall and a
13-storey tower immediately to the east, 1515 Douglas will bring 273,000 square feet of high-end office space and over 21,000 square feet of ground floor retail space to the heart of Victoria’s financial and business district. Site preparations have begun at Douglas Street and Pandora Avenue with both buildings anticipated to secure occupancy permits by early 2018.
In James Bay a partnership between Jawl Properties and Vancouver-based Concert Properties includes 235,000 square feet of office space as part of Capital Park, a redevelopment of a long-vacant property adjacent to aging provincial government offices bordered by Michigan, Menzies, Superior and Government streets. The first phase, expected to move into the site preparation stage in the first week of August with completion planned for late 2016 or early 2017, includes
117,000 square feet of office space in a five storey concrete lowrise, 53 residential units in a four storey woodframe building and some 17,000 square feet of ground floor retail space between them. At full build-out Capital Park will encompass 175 residences and a total of 20,000 square feet of retail space in addition to the 235,000 square feet of offices. [
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