Housing Archives - Victoria Chamber

New housing helps homeless escape addiction

November 20, 2025/in BizNews This Week, Housing, Safe Communities/by Jim Zeeben

People in recovery in Victoria who are experiencing homelessness or leaving supportive housing will soon have a safe place to stay.

When someone living on the street asks for help, it needs to be there. Having a safe downtown requires adequate support for people looking to recover from addiction.

A step in the right direction is the new recovery-oriented housing complex at 1153 Johnson St., announced today. The new project will include 20 self-contained units in substance-free surroundings for people who are a minimum 60 days sober, post-detox and treatment, and without a fixed address or exiting supportive housing.

This type of housing will free up supportive housing spaces for others experiencing homelessness.

“We’ve heard from the community that there is a lack of dry, recovery-oriented housing, which plays a critical role post-treatment,” Victoria Mayor Marianne Alto, said about the partnership between the City of Victoria, the provincial government and the Victoria Cool Aid Society. “This collaboration between the city and the Province will help create more positive flow in our housing continuum and support vulnerable residents as they move from homelessness to recovery after detox.”

BC Housing is providing $1.2 million in operating funding over three years, while Victoria will contribute almost $590,000 toward the facility’s operations over that time — in addition to $250,000 in capital funding for building improvements.

The housing site, known as Johnson Manor, is owned and operated by Cool Aid and will support continued recovery, promote independent living skills and prepare residents to transition into long-term, stable housing.

Fall stats show uptick in region’s real estate sector

November 6, 2025/in BizNews This Week, Business And Economic Strength, Finding And Keeping Workers, Housing/by Jim Zeeben

Greater Victoria’s housing market is showing renewed activity as sales and prices ticked up in October.

A total of 617 properties sold in the Victoria Real Estate Board region this October, 11.4% more than in September.

“The local real estate market remains reasonably balanced,” VREB Chair Dirk VanderWal said in a media release. “Single family homes are currently seeing the strongest demand, and this month we saw the highest number of October sales since 2020. However, condo sales were slightly more restrained than single family and townhome sales over the past month. We have not seen a significant decrease in prices as a result, but those shopping for condos will find a good variety to choose from with time to make decisions.”

The benchmark value for a single family home in the Victoria Core in October was $1,276,500, down from September’s value of $1,294,800. The benchmark value for a condominium in the Victoria Core area was $551,000 in October, up from the September value of $547,500.

Victoria firm launches national directory for builders

November 6, 2025/in BizNews This Week, Housing/by Jim Zeeben

One way that Canada will be able to meet its housing supply challenges is through innovation led by business. For example, new Chamber member WebMaxCanada recently launched an online directory that helps connect with Canadian builders and suppliers.

CanadaPrefabHomes.ca is a searchable, nationwide directory connecting prefab, modular, and mass-timber builders, manufacturers and trades.

“We wanted to create a practical, credible resource that supports real businesses and helps them be found by the homeowners, builders, and organizations already searching for Canadian prefab and modular solutions,” WebMax Canada Co-Founder Susan Jones said in the media release.

Saanich says work ahead to meet BC housing targets

November 6, 2025/in BizNews This Week, Government Local, Housing/by Jim Zeeben

The provincial government’s mandate for BC municipalities to build more homes is proving to be a challenge for some.

The District of Saanich said in its latest report that it’s making progress, though it won’t reach its target. So far, since the mandate was brought in, Saanich has seen about 78% of its goal of 1,041 new units.

“A major highlight of the report is that nearly half of the units issued through Development Permits are for non-market units, which is so encouraging and will help more people find a home at a price they can afford,” Saanich Mayor Dean Murdock said. “Additionally, we are exceeding provincial targets for the creation of family-suitable 2-bedroom and 3-bedroom units, which will allow more families to settle in our community.”

Saanich said that a significant number of new homes have received a building permit and are under construction.

Nigel House opens 88 new homes in Saanich

October 22, 2025/in BizNews This Week, Housing, Safe Communities/by Jim Zeeben

The Chamber strongly advocates for increasing Greater Victoria’s housing supply to meet the diverse needs of our region. We all benefit from having a strong real estate industry, as well as affordable housing needed for a safe community.

Last Friday, 88 units opened at the new six-storey Nigel House in the District of Saanich. The building includes 41 private long-term-care rooms for adults living with disabilities, 37 independent-living suites and 10 affordable-housing units.

The project is part of the rapidly developing neighbourhood in the Nigel Valley, south of Saanich’s municipal hall. The area will be a centre of supportive care for the region, offering services that will make Greater Victoria safer for all.

Nigel House is owned and operated by Broadmead Care Society, a non-profit organization that works in partnership with Island Health and Veterans Affairs Canada to provide care and support for seniors, veterans and adults with disabilities.

Construction begins on 500 new homes in Victoria

October 22, 2025/in BizNews This Week, Finding And Keeping Workers, Housing, Safe Communities/by Jim Zeeben

Construction has started on more than 500 new rental homes, retail spaces and a public plaza at the corner of Douglas and Caledonia streets.

“We’re excited to continue providing much-needed housing to Victoria in partnership with BC Housing on this mixed-use project at Douglas and Caledonia,” Chard Development president and CEO Byron Chard said in a media release. “This project reflects our shared commitment to expanding housing options and delivering new community amenities to meet the needs of this growing area.”

The new build is on the site of the former Capital City Centre Hotel at 1961 Douglas St. and 710 Caledonia Ave. It features three concrete high-rise towers and a community plaza on the southeastern corner, which includes office space, child care and a grocery store.

“This development marks another significant step forward in the city’s priority to increase housing choices for Victoria residents,” City of Victoria Mayor Marianne Alto said.

One tower will be owned by the Province, with 20% of its 133 units offered at below-market rental rates. This tower received $73 million in construction financing and a grant of $8 million through BC Housing’s BC Builds program.

The development’s remaining homes will be owned and managed by Chard at market rates.

Plan for prompt payment rules supports construction

October 8, 2025/in BizNews This Week, Business And Economic Strength, Fair Rules, Finding And Keeping Workers, Government Local, Government Provincial, Housing, Inflation And Rising Costs, Streamlined Regional Regulations, Training And Microcredentials/by Jim Zeeben

The Chamber applauds a new agreement that will let builders build, and spend less time chasing wayward payments.

On Tuesday, the province announced legislation that will help contractors, subcontractors and workers get paid on time.

“We welcome this critical step toward payment certainty for B.C.’s construction industry,” BC Construction Association president Chris Atchison said. “It marks a new starting line that requires sustained collaboration between industry and government. Establishing fairness in how money flows means the industry can focus on building, not battling over payment. BCCA remains committed to continuing to work with the provincial government on this important issue.”

With housing supply a critical component for improving the cost of living in Greater Victoria and across BC, governments need to address all barriers facing contractors.

The prompt-payment legislation, once passed, will:

· set clear timelines for payment on construction projects

· establish a fast-track adjudication process to resolve payment-related disputes

· improve cash flow and stability across the construction industry.

Ontario and Alberta already have prompt-payment laws, and industry groups in BC have supported bringing those rules here. The province said there will be a transition period to establish an adjudication authority and conduct outreach and education regarding rights and responsibilities under the new system.

Prompt-payment rules will apply broadly to both private- and public-sector projects in BC, including government contracts, unless specific exemptions are set out by regulation.

New SIPP report says Greater Victoria at a crossroads

September 24, 2025/in BizNews This Week, Business And Economic Strength, Fair Rules, Finding And Keeping Workers, Global Uncertainty, Housing/by Jim Zeeben

A report released this week offers a path forward for a regional economy that is spinning its wheels in some sectors.

The South Island Prosperity Partnership offers a series of recommendations to overcome stagnation and reach our potential in Igniting Momentum, a 105-page report that came out of its Rising Economy Taskforce.

“The stakes are too high for business as usual in Greater Victoria,” the report concludes. “The evidence is clear: affordability pressures, productivity gaps, essential-worker shortages and external shocks are converging. But so are our advantages: world-class research, a thriving tech ecosystem, ocean and climate leadership, strong public anchors, entrepreneurial grit and a quality of life that draws talent from around the world.”

The Chamber helped contribute to the report’s findings, which align with much of the work the Chamber continues to do to attract investment and support our community.

“Greater Victoria is at a crossroads. Without bold, immediate action, we risk losing the talent, businesses and vibrancy that sustain our economy. Governments at all levels must do more to coordinate with the private sector to help ensure businesses can succeed,” Chamber CEO John Wilson said. “As BC’s second-largest metropolitan area, we can’t wait any longer. The Chamber promises to work with our members and partners across the region as the voice of business to address social challenges, increase access to skilled workers and grow our regional economy in ways guided by innovation, inclusion, and resilience. The time to act is now — to build a safer, stronger, and more prosperous Greater Victoria for everyone.”

Curious how LNG could impact Greater Victoria?

August 20, 2025/in BizNews This Week, Business And Economic Strength, Chamber Awareness, Climate Change Solutions, Global Uncertainty, Housing, Indigenous Business Support And Reconciliation, Inflation And Rising Costs, New And Established Businesses, Streamlined Regional Regulations, Transportation Options/by Jim Zeeben

Natural gas has a long history as a game-changing source of energy. From the old slogan, “Now you’re cooking with gas” to recent proposals aimed at boosting BC’s economy and helping wean the world off coal, LNG has made plenty of headlines.

Chamber members have a chance to dig deeper into those stories and others when we host FortisBC President and CEO Roger Dall’Antonia. The event, sponsored by ColdStar Solutions, runs Sept. 9, from 11:30am to 1 pm, at the Hotel Grand Pacific.

Dall’Antonia will speak about the latest efforts to grow the industry, the impact investing in natural gas will have on provincial revenue and the opportunities available in Greater Victoria.

If you have questions about FortisBC and our province’s energy sector, please send them to communications@victoriachamber.ca. We’ll select those that help inform conversations about our region and get the answers at the event directly from one of the province’s foremost experts.

Reserve your seat now for the Chamber’s next Business Leaders Luncheon, and make the most of this chance to connect with top movers and shakers in our business community.

Reserve Your Seat

Groundbreaking signals start of major new housing project

August 13, 2025/in BizNews This Week, Chamber Awareness, Government Local, Housing/by Jim Zeeben

One of our region’s largest new housing developments broke ground today, starting construction on a project that will eventually add 1,500 homes in Harris Green.

The housing, being developed by Starlight Investments, will include a mix of townhomes, studios and one-, two- and three-bedroom apartments.

The Chamber was an early supporter of the project.

Harris Green Village is the largest multi-family housing project in Victoria’s history, the developer said. The three-phase project will also add 100,000 square feet of modern commercial and retail space.

“The Harris Green Village development is a demonstration of Victoria’s forward-thinking approach to driving purpose-built rental housing,” City of Victoria Mayor Marianne Alto said. “This is exactly the kind of vibrant, community-driven growth we can expect as the City continues to create more opportunities for housing and community spaces in the downtown core.”

The first phase underway now will create 526 rental suites in the downtown Victoria neighbourhood