Wednesday 1 August 2018

Densification in Victoria’s Downtown

1,500-units of condominiums and rental apartments currently under construction in downtown Victoria are expected to complete this year and next, according to Citified’s construction data.
Last year's approximately 330 completed units will more than double in 2018 and the number of units completed in 2019 will close in on 2018’s total of 740 units.
Mayor Lisa Helps has stated that as many as 10,000 new residents could call downtown Victoria home by 2030. If an average of 500 units a year receive occupancy status, she may well be right!

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