Magazine

FM College ~ News & Articles

Major Victoria waterfront development proposed

Apr 11, 2024 | Public | 0 comments

The first rezoning submission for Victoria’s Arts and Innovation District by Reliance Properties will see a major mixed-use development on 6.7 acres of largely undeveloped land in Victoria Inner Harbour.

The proposal for Capital Iron Lands will incorporate the site’s three heritage buildings into a vibrant community with homes, live-work artist studios, a reopening of the landmark Capital Iron store, hundreds of new high-value job spaces, heavy and light industrial uses, institutions, and public outdoor and cultural amenities, including an extension of the waterfront walkway and a new public plaza adjacent to the proposed art gallery. The Art Gallery of Greater Victoria plans to relocate to the site.

“The Capital Iron Lands are underutilized with few job spaces, no homes and an inactive waterway. We designed a comprehensive smart-growth community that manifests Victoria’s 3.0 Vision of a ‘future-ready global influencer and innovator,’” said Reliance Properties CEO Jon Stovell. “Our proposal offers limitless economic growth potential and spinoff benefits that will ensure the district is unique, attractive and exciting for arts, innovation and entrepreneurship.”

Local company, Finest at Sea Ocean Products, is considering relocating to the Upper Harbour along most of Capital Iron Lands’ 400 feet of water frontage.

“We envision a move that helps revitalize the local fishing industry, including collaborating with First Nations groups, as our proposed water lot falls on traditional territory,” said Bob Fraumeni, owner of Finest at Sea.

The Art Gallery of Greater Victoria’s new home is envisioned to be a five-storey building.

“As a major public art museum in B.C., moving to a vibrant new space in a central district dedicated to arts and culture will create enhanced opportunities for Victoria residents and visitors to access our collections, programs and exhibitions,” said Nancy Noble, the AGGV’s CEO and director.

The post Major Victoria waterfront development proposed appeared first on REMINET.

0 Comments

Submit a Comment

Groundbreaking School Security Standard Protects Students During Active Shootings

In the wake of the tragic rise in active shooter incidents at schools, the National Glass Association (NGA) took swift...

Upping the IAQ in your building

Allergens and dust are found in the air throughout the summer, so IAQ remains a priority year-round. Maintenance managers...

Businesses Bet Big on Data Analytics and Integrated Worktech

In today’s hybrid work landscape, organizations are striving to strike the perfect balance between boosting operational...

Initiative seeks to close emergency response gaps

Asleep in bed, the sound of sirens outside your condo awakens you in the middle of the morning. You hear no alarm and no...

Gen Z Can Fill the Workforce Gap

We may have done a disservice to the Gen Z group of young people. Facility management professionals often label them as...