The Chamber has lent its support to a plan to build a new hotel in downtown Victoria. Victoria City Council is expected to discuss tomorrow whether to send the proposal to public hearing.
The plan, by Chard Development, calls for a 139-room hotel to be built on the corner of Broad and Johnson streets. The University of Victoria owns the property and has agreed to a 99-year lease. Tourism
numbers show high demand for hotel rooms downtown, with a steady increase in rates and near peak occupancy over the summer.
“Chard’s commitment to pursuing this redevelopment in a manner that is respectful of the site’s heritage — rehabilitating the existing Duck’s Building and the Duck’s Carriage Factory rubble wall — will make this a destination that truly reflects the city’s past while encouraging its future growth,” wrote Catherine Holt, Chamber CEO, in support of the project.