Dockside amenities funding escalating with the times

Six years has lapsed since the City of Victoria signed a master development agreement with Dockside Green.

Six years has lapsed since the City of Victoria signed a master development agreement with Dockside Green.

The environmentally-friendly, mixed-used development along the Gorge is now 30 per cent complete, including $5.8-million worth of amenities such as a waterfront dock and improvements to the Galloping Goose Trail.

The project’s owner still owes the city a $3.4-million contribution toward the construction of a plaza, and other amenities. As the development continues to stall, however, the value of these commitments dwindles.

Last week, the city and Dockside’s owner, Vancouver City Savings Credit Union, agreed on a solution. The dollar value of the promised amenities will be tied to the consumer price index.

Dockside Green director of development James Miller informed city council of the VanCity’s commitments to affordable housing last week. So far, 26 units have been built and Miller recently met with B.C. Housing and the Capital Regional Housing Corporation “to establish solid next steps.”

He said he continues to evaluate the market and seek a development partner before relaunching construction.

 

 

Just Posted

Optometrist pedals through depression, leads others for the cause

Ride Don’t Hide bike rides start, end at Windsor Park

Peninsula Streams Society to restore 120 metres of Colquitz Watershed

With goal of contributing to the recovery of cutthroat and coho salmon

Victoria City Council approves inclusionary housing policy

After years of back and forth, the policy will be ratified in two weeks

Filipino Heritage Month event takes over Centennial Square

Dancing, music and food highlight Mabuhay Day celebration in Victoria

Victoria Weekender: What’s happening this weekend, June 15-16

Car Free YYJ, a barber battle and an Outdoor Discovery Day

Homalco tour gives glimpse into area’s ‘People, Land, Water’

First Nation business mixes cultural components with wildlife excursions

B.C. VIEWS: When farmland protection doesn’t protect farmers

Secondary residences aren’t mansions, families tell Lana Popham

Bombers down B.C. Lions 33-23 in season opener

Former Lion Andrew Harris leads Winnipeg with 148 rushing yards

Northern B.C. family remembers murdered Indigenous woman with memorial walk

Still no closure for Ramona Wilson’s family 25 years later

Monkey spotted on late-night jaunt in Campbell River

Conservation officers also apparently looking for cougar in the area

B.C. university to offer mentorship program for former youth in care

Students using the provincial tuition waiver program will soon be able to form a community at KPU

Cyclists competing in one of the toughest bike races on the planet pass through Fernie

Divide riders looking strong as they finish first leg of 4160 km race

You might not know these B.C. records are public

Hired a lawyer to file a civil claim? Those are published online

Most Read