Seven years of development and more than $30 million of investment got physical this week.
There was an official sod-turning for the Promontory, a 21-storey building in Victoria West on the eight-hectare Bayview Place site on Monday.
Colin Bosa, of Bosa Properties, developer of the Promontory and land owners and developers of Bayview Place Ken and Patricia Mariash were joined by Victoria Mayor Dean Fortin and Coun. Marianne Alto to official turn the soil for the ground breaking.
“This is an exciting day for us at Bosa Properties and for the hundreds of men and women – most of them local – who will be employed here as tradespeople to construct the 177 homes at Promontory over the coming two years," said Colin Bosa.
“We’re incredibly proud of this project, and do not take lightly the responsibility that comes from constructing such a prominent tower in one of Canada’s most cherished settings. The Inner Harbor is a beautiful and special place, and we will work hard to ensure that this addition to the landscape is a successful one.”
Overlooking the Inner Harbour, the building will include 177 units ranging in size from 455 square feet to 1,700 square feet. When complete, in approximately two years, the building will be the tallest in Vic West.