A townhouse complex at 1211 Gladstone Ave. will be demolished to make way for the Capital Regional Housing Corporation’s Caledonia Project. (Google Maps)

A townhouse complex at 1211 Gladstone Ave. will be demolished to make way for the Capital Regional Housing Corporation’s Caledonia Project. (Google Maps)

Land deal will bring 154 affordable housing units to Fernwood

SD61 approves land exchange, lease to fund seismic upgrades to Vic High

A land swap deal approved Monday night will put upwards of 150 affordable housing units on Gladstone Avenue and more than $4 million in the Greater Victoria School District’s pocket.

The District is leasing out 2.15 acres of land to the Capital Regional Housing Corporation (CRHC) to use for the ‘Caledonia Project,’ a proposed 154 affordable-unit, five-building development spanning from Gladstone Avenue to Grant Street. A townhouse complex at 1211 Gladstone Ave. will be demolished for the project.

READ ALSO: Land swap deal between Victoria and school district makes room for affordable housing

School District 61’s (SD61) decision centres on seismic upgrades needed at Vic High, ranked as the most vulnerable in terms of school buildings in the province. The most basic upgrades on the 105-year-old building are priced at least $70 million, but the District opted to retain the heritage values of the building – a most expensive option that left them with a $2.6 million shortfall, even with the province’s $77.1 million commitment.

A 60-year lease on the land will cost between $4.1 and $4.5 million, covering the seismic upgrade shortfall as well as amenity enhancements. The land “swap” portion of the deal comes from the City of Victoria, who will exchange the Gladstone Avenue property for land closer to the school – increasing capacity at the secondary institution by more than 200 students.

READ ALSO: Province announces $80 million upgrades to Vic High

“This arrangement demonstrates that when local governments work together to solve problems, the community benefits,” said SD61 Board Chair Jordan Watters in a statement. The District’s current plan is to relocate students to S.J. Willis Education Centre for fall 2020 and have them back in the upgraded high school by fall 2022.

SD61 will issue a public surveys over the next few months to find out what kinds of amenities the community wants to see at Victoria High.



nina.grossman@blackpress.ca

Follow us on Instagram
Like us on Facebook and follow us on Twitter.

Just Posted

According to Statistics Canada, the unemployment rate in Greater Victoria stood at 6.3 per cent in May 2021, nearly unchanged from April’s rate of 6.2 per cent. (Black Press Media File)
Unemployment rate in Greater Victoria stagnates at 6.3 per cent in May

Latest figures reflect conditions before lifting of public health measures

The District of Saanich has pinpointed funding requests to Oak Bay and Victoria to help offset the purchase price of the Kings Park greenspace and keep the property intact. (Courtesy District of Saanich)
Saanich requests funding help from neighbours to preserve Kings Road green space

District hopes Victoria and Oak Bay will join them in protecting urban green space

North Saanich council Monday will consider the results of a survey conducted by the North Saanich Residents Association that finds little support for increased densification. (Black Press Media File)
Survey finds little support for increased density in North Saanich

North Saanich Residents Association conducted the online survey

An example of the forest land in the Port Renfrew and Fairy Creek area of Vancouver Island is shown on May 11, 2021. THE CANADIAN PRESS/Jen Osborne
Old-growth logging opponents launch hunger strike as arrests continue at Fairy Creek

Zain Haq says the hunger strikers will gather today at Burrard Street in downtown Vancouver

The City of Victoria is hoping to ring in the summer by celebrating local art and offering some distanced, live music to surprise people in parks, plazas and other public spaces. (Photo courtesy of the City of Victoria)
Live, pop-up concerts and local art being showcased in Victoria this summer

People will see surprise serenades at 16 locations throughout the summer

Canadian Prime Minister Justin Trudeau participates in a plenary session at the G7 Summit in Carbis Bay, England on Friday June 11, 2021. THE CANADIAN PRESS/Adrian Wyld
Canada donating 13M surplus COVID-19 vaccine doses to poor countries

Trudeau says the government will pay for 87 million shots to be distributed to poor countries

Premier John Horgan speaks as provincial health officer Dr. Bonnie Henry, right, and health minister Adrian Dix look on during a press conference to update on the province’s fall pandemic preparedness plan during a press conference from the press theatre at Legislature in Victoria, Wednesday, Sept. 9, 2020. THE CANADIAN PRESS/Chad Hipolito
B.C. officials to provide details on Step 2 of COVID reopening plan Monday

Step 2 could allow for larger gatherings and a resumption of recreational travel

Indigenous Services Minister Marc Miller is seen during a news conference, Wednesday May 19, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Indigenous child-welfare battle heads to court despite calls for Ottawa to drop cases

Feds are poised to argue against two Canadian Human Rights Tribunal rulings

The Great Ogopogo Bathtub Race has been held in Summerland as a fundraising event. Do you know which Canadian city introduced this sport? (Black Press file photo)
QUIZ: A summer’s day at the water

How much do you know about boats, lakes and water?

Two-year-old Ivy McLeod laughs while playing with Lucky the puppy outside their Chilliwack home on Thursday, June 10, 2021. (Jenna Hauck/ Chilliwack Progress)
VIDEO: B.C. family finds ‘perfect’ puppy with limb difference for 2-year-old Ivy

Ivy has special bond with Lucky the puppy who was also born with limb difference

A million-dollar ticket was sold to an individual in Vernon from the Lotto Max draw Friday, June 11, 2021. (Photo courtesy of BCLC)
Lottery ticket worth $1 million sold in Vernon

One lucky individual holds one of 20 tickets worth $1 million from Friday’s Lotto Max draw

“65 years, I’ve carried the stories in my mind and live it every day,” says Jack Kruger. (Athena Bonneau)
‘Maybe this time they will listen’: Survivor shares stories from B.C. residential school

Jack Kruger, living in Syilx territory, wasn’t surprised by news of 215 children’s remains found on the grounds of the former Kamloops Indian Residential School

A logging truck carries its load down the Elaho Valley near in Squamish, B.C. in this file photo. THE CANADIAN PRESS/Chuck Stoody
Squamish Nation calls for old-growth logging moratorium in its territory

The nation says 44% of old-growth forests in its 6,900-square kilometre territory are protected while the rest remain at risk

Most Read