New 205-unit tower with affordable and supportive rental homes proposed for downtown Victoria
CTV
A new 20-storey rental tower in downtown Victoria could be the first of its kind to be put forward through a new municipal policy that's designed to speed up construction for housing.
A new 20-storey rental tower in downtown Victoria could be the first of its kind to be put forward through a new municipal policy that's designed to speed up construction for housing.
The City of Victoria's "rapid development" policy allows non-profits, government, and co-op housing groups to avoid rezoning and hearing requirements.
However, the proposals must be for affordable housing or co-operative housing, and must be consistent with the city's official community plan, among other criteria.
"A policy like this could speed up the process by six months, a year, in some cases possibly even more," said BC Housing vice president Sara Goldvine.
BC Housing is leading the development of the 20-storey affordable and supportive housing tower, which has been proposed for the 900-block of Pandora Avenue.
The proposal includes 205 units in total, including 158 affordable rental homes and 47 supportive units – as well as 16,000 square feet of community space intended for child care and recreation.
A non-profit service provider would be contracted by BC Housing to manage the supportive housing units.
