Future Condos in Victoria: A Transit-Oriented Living Experience

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Victoria,Condos,Housing

Premier David Eby announces a new housing venture in Victoria, emphasizing transit and active transportation. The project aims to provide a sustainable living experience with a ban on gas-powered cars by 2035.

Picture living a few years from now in a brand-new condo with a gorgeous view of Juan de Fuca Strait and the Sooke Hills, a credit-card flip away from Uptown shopping, with two major bike trails and a dozen bus routes right at your front door.

It’s the overwhelming emphasis on transit and active transportation during the announcement of the project that leads to my unfounded speculation about cars. New gas-powered cars will be banned by 2035, but of course there will be lots of e-cars around. Still, it’s easy to picture Tesla people facing a certain stigma from all the cyclists and bus-pass holders for whom the Crease Road development will be expressly designed.

Legislation passed last year opens the door for about 100 TODs in metro areas all over B.C. It followed a law that allowed transportation money to be used for housing, not just transit improvements. Developments have always followed transit lines, as builders naturally assemble properties near the lines .

Government will also retain ownership. It will be a mix of rentals and leasehold titles, but details are vague at this point.

 

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