An initial redevelopment proposal for University Heights has been submitted to Saanich by Wesbild Developments with 350 rental units above a modernized commercial space. Wesbild Developments rendering

Proposed redesign would add 350 rental units

University Heights owner submits initial redesign to Saanich

A first proposal for the much anticipated University Heights redevelopment has been submitted to Saanich by owners Wesbild Developments.

The proposal includes 350 rental units that would sit above about 185,000 square-feet of retail space. The new building would sit between McKenzie Avenue and Home Depot, as the latter would remain.

While there are many details in the bid, Wesbild spokesperson Jennifer Derbyshire says it’s far to early to say anything is certain.

“We don’t have a first round of feedback from Saanich [planning] yet, and we haven’t gone through the feedback from the Gordon Head Residents’ Association, we only met with them on Friday,” Derbyshire said.

The mixed use rental building is in response to what they’ve heard from stakeholders and residents in the area.

At this stage the developer’s No. 1 goal is to be in line with the Shelbourne Valley Action Plan, based on the amount of community work that went into that, Derbyshire added.

Built in 1988, University Heights is comprised of 205,500 square-feet of leaseable space, with RBC, CIBC, Thrifty Foods Liquor, Save-On-Foods, Landmark Cinemas, V.I. Fitness, restaurants and independent shops. Wesbild bought it for a reported $52 million in 2015 and the 500,000 square-foot land and buildings are currently valued at $53 million by B.C. Assessment.

The new layout would redesign the use of space at University Heights, adding an additional pair of buildings to the lot. Low rise residential would sit above the main commercial building at tiered levels of six and eight storeys.

For now, the consultation process will continue. What will happen with the existing tenants is unknown, as a leasing manager will work with each tenant on a case by case basis as Wesbild nears the redevelopment, Derbyshire said.

“We’re still years away from anything but we’re excited that the community is ready for [University Heights] to be replaced.”

reporter@saanichnews.com

Just Posted

UVic president offers condolences after two students killed in bus crash

‘We also grieve with those closest to these members of our campus community,’ Cassels says

Colwood square dancing open house to welcome in new dancers

“It’s therapy,” said long-time square dancer Linda Townsend

Green candidate expects a tight race in Esquimalt-Saanich-Sooke

David Merner says Green Party would act as “strong moral conscience” in a minority Parliament

Christian bookstore’s Victoria location marks 80 years in business

The store opened on corner of Douglas Street, View Street in 1939

Tour Government House and other homes, enjoy art along the way

The Art Gallery’s 66th annual House Tour features artists at work, artistic floral displays

VIDEO: Vancouver Island mayor details emergency response after fatal bus crash

Sharie Minions says she is ‘appalled’ by condition of road where bus crashed

B.C. VIEWS: Cutting wood waste produces some bleeding

Value-added industry slowly grows as big sawmills close

Fewer trees, higher costs blamed for devastating downturn in B.C. forestry

Some say the high cost of logs is the major cause of the industry’s decline in B.C.

Federal food safety watchdog says batch of baby formula recalled

The agency says it’s conducting a food safety investigation

Coming Home: B.C. fire chief and disaster dog return from hurricane-ravaged Bahamas

The pair spent roughly one week on Great Abaco Island assisting in relief efforts

Newcomer Ferland lines up with sniper Pettersson as Vancouver Canucks camp opens

Ferland provides more depth and a scoring threat up front, Pettersson says

Intelligence official charged seemed to be ‘exemplar of discretion’: UBC professor

Professor Paul Evans says he served on Cameron Ortis’s doctoral dissertation committee

B.C. police watchdog to investigate man’s head injury during RCMP arrest

Suspect fled on a bicycle and fell off when an officer attempted to stop him

Nanaimo company gets licence to test psychedelic drugs for therapy treatment

Salvation Botanicals interested in manufacturing, testing and research and development

Most Read