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The plan is to build 2,850 homes in the Royal Beach area, ranging from single family to condos and townhouses. Over the estimated 15 years it will take to complete the project, which will begin this spring, more than 700 jobs will be created.
“Make no mistake, Colwood is on the map and that’s why notable organizations are making long-term commitments here,” Colwood Mayor Rob Martin said in a news release.
The Royal BC Museum is building a new archives and storage centre in Royal Bay, while Seaspan announced plans for an 85,000 square-foot facility in Colwood.
The Chamber applauds efforts to build new homes in Greater Victoria, as a lack of housing supply continues to be one of the biggest challenges in our region. We need enough homes to meet demand, and allow the market to serve middle income residents vital to our workforce.
“It really is an ambitious plan and future envisioning that addresses climate change, affordability and the quality of life,” Saanich Mayor Fred Haynes told CHEK News.
Some of the highlights of the plan include creating a central district and transportation hub for a fast-growing population that will be less reliant on cars. The area is currently the crossroads for a number of major routes in the region.
The plan goes to Public Hearing Feb. 15.
More housing, especially housing that is affordable for working individuals and families, is vital for our regional economy to reach its potential.
The celebration of keeping it local is being organized by the Victoria Branch of the BC Restaurant & Foodservices Association and Destination Greater Victoria. This year, more than 40 restaurants are offering three-course menus with prices ranging between $20 and $60 per menu. Participating hotels are offering Stay in Town rates that range from $129 to $249.
The Chamber is a community partner in Dine Around and we’re continuing to work in support of the hard hit hospitality sector.
The results of the survey will be used by industry and business associations, including The Chamber, to help our advocacy efforts with government.