The Christ Church Cathedral property on Quadra Street could eventually include up to 500 residential units in six buildings as part of a multi-year redevelopment plan. An application to rezone the city block where the nearly 94-year-old Victoria institution sits — bordered by Quadra and Vancouver streets and Burdett and Rockland avenues — to allow residential and other uses on the 1.4-hectare site is expected to be submitted to the City of Victoria early next year.
The goal is to ensure the cathedral’s long-term viability, and help pay for needed investment in existing buildings on the property, said Bishop Anna Greenwood-Lee of the Anglican Diocese of B.C. “The cathedral is coming up on being a 100 years old,” Greenwood-Lee said. “The Memorial Hall, the other large building on the site that has historic designation, just celebrated its 100th anniversary this year and old buildings need work. Eventually buildings come to the end of a lifespan and need an upgrad
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ottawa Commits $1.2B for 2,600 New Rental Builds in TorontoThe city of Ottawa has committed $1.2 billion to build 2,600 new rental units in Toronto. This investment aims to address the housing shortage in the city and provide affordable housing options for residents.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Government of Canada Allocates $228 Million for Housing in CalgaryThe Government of Canada is providing $228 million from the Housing Accelerator Fund to build nearly 7,000 homes in Calgary over the next three years. Calgary leads the country in rent increases for the ninth straight month. The funding aims to fast-track the construction of housing units and spur the development of new homes in the city.
Source: GlobalCalgary - 🏆 50. / 61 Read more »
Canadian Government to Provide $1.2 Billion in Loans for Rental Homes in TorontoThe federal government will provide $1.2 billion worth of fully repayable low-interest loans to help build more than 2,600 rental homes in Toronto. The loans will be provided to seven projects in the city through the federal Rental Construction Financing Initiative and will create a total of 2,644 rental homes. The program aims to incentivize the development of purpose-built rental through low-interest loans and is expected to create 71,000 new rental housing units across Canada by 2027-28.
Source: CTVToronto - 🏆 9. / 84 Read more »