Capital City Centre proposal will add needed homes

It’s clear that housing supply will be key to address affordability issues that are making it difficult for people to start families and grow their careers. Employers in Greater Victoria and across Canada have been calling for solutions to address a skills shortage keeping many organizations from realizing their potential.

On that note, The Chamber applauds recent news that Chard Development is working with BC Housing on a project that will add more than 400 units of affordable housing to the City of Victoria.

The proposal to redevelop the site of the former White Spot and Capital City Centre Hotel on Douglas Street is a great example of innovation led by business. If approved, the project will help people who work in the city afford to live there. It will also include day care — vital for helping parents stay in the workforce — and 90 units of supportive housing to help people overcome challenges that put them at risk of homelessness. Other amenities include a 9,000 square foot plaza, retail and office space and a grocery store.