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

Colwood’s Hatley Castle makes top 10 list of movie locations to travel to

X-Men, Deadpool among movies filmed at Hatley Castle

Oak Bay’s Food Forum closes after 37 years

Open on Christmas Day, the Estevan Village grocery had lovable quirks

UPDATED: Oak Bay father takes stand, denies killing young daughters

Andrew Berry has plead not guilty to the December 2017 deaths of his two daughters

Relative of man found dead in Saanich says he was missing for years

RCMP and a private detective had been searching for him since 2012

Saanich Police warn of counterfeit money being used

Several fake $100 bills have been reported in Greater Victoria

VIDEO: Title of 25th Bond movie is ‘No Time to Die’

The film is set to be released in April 2020

Greater Victoria wanted list for the week of Aug. 23

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

POLL: Should there be a ban on gas-powered leaf blowers?

We’ve all heard them, and most likely cursed them under our breath.… Continue reading

New study suggests autism overdiagnosed: Canadian expert

Laurent Mottron: ‘Autistic people we test now are less and less different than typical people’

Trans Mountain gives contractors 30 days to get workers, supplies ready for pipeline

Crown corporation believes the expansion project could be in service by mid-2022

Rosemount cooked diced chicken linked to listeria case in B.C.

The symptoms of listeria include vomiting, nausea, fever, muscle aches

B.C. seniors allowed more choice to stay in assisted living

Province doesn’t need to wait for a complaint to investigate care, Adrian Dix says

Retired B.C. fisherman wins record $60M Lotto Max jackpot

Joseph Katalinic won the biggest Lotto Max prize ever awarded

Island manslaughter suspect found not guilty in Supreme Court

Court accepts accused’s argument of self-defence for 2017 incident in Courtenay

Most Read