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.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

B.C. is conducting an emergency alert test on Nov. 25 at 1:55 p.m. (Black Press Media File photo)
Expect B.C.-wide emergency alert system test Wednesday afternoon

The message will be broadcast at 1:55 p.m. on Nov. 25.

The Great Adventure is the Braefoot Community Association’s answer to COVID fatigue, a nine-day photography scavenger hunt around Saanich and beyond, for teams of up to six people in each other’s bubble. (Unsplash)
Cameras, safe six mix for photographic scavenger hunt around Saanich

Braefoot Community Association invites public to have some outdoor fun with fundraiser

The Grinch was spotted on a tractor in Metchosin Monday morning, an early welcome for the holiday season. (Aaron Guillen/News Staff)
PHOTO: Grinch arrives early for the holidays in Metchosin

Send your favourite Christmas decorations to Black Press Media

file
Oak Bay resident bilked $3,300 in puppy scam

Three cases of fraud reported in two days

Sidney’s Star Cinema has temporarily closed as part of efforts to COVID-19. (Black Press Media File).
Sidney’s Star Cinema temporarily goes dark

Closure reflects provincial health order in effect until Dec. 7

Provincial health officer Dr. Bonnie Henry updates B.C.’s COVID-19 situation at the B.C. legislature, Nov. 23, 2020. (B.C. government)
B.C. daily COVID-19 cases hits record 941 on Tuesday

Further restrictions on indoor exercise take effect

(Pixabay.com)
Man, 28, warned by Kootenay police to stop asking people to marry him

A woman initially reported the incident to police before they discovered others had been popped the question

Winston Blackmore (left) and James Oler (right) were sentenced on separate charges of polygamy this week in Cranbrook Supreme Court.
No more charges expected in Bountiful investigation, special prosecutor says

Special prosecutor says mandate has ended following review of evidence from Bountiful investigations

(Ashley Wadhwani/Black Press Media)
Refuse to follow B.C.’s mask mandate? Face a $230 fine

Masks are now required to be worn by all British Columbians, 12 years and older

Parksville’s French Creek Harbour experienced a diesel spill on Nov. 23 after a barge and fishing vessel collided. (Mandy Moraes photo)
Coast Guard cleans up diesel spill in Parksville’s French Creek Harbour

Barge carrying fuel truck collides with fishing vessel

Stock photo
Senior from Gibsons caught viewing child porn sentenced to 10 months

74-year-old pleaded guilty after police seized 1,500-2,500 images

BC Teachers' Federation President Teri Mooring is asking parents of school-aged children to encourage the wearing of masks when possible in schools. (THE CANADIAN PRESS/Chad Hipolito)
LETTER: Teachers union encourages culture of mask wearing in B.C. schools

BCTF President Teri Mooring asks parents to talk with children about wearing masks in school

Prime Minister Justin Trudeau speak to the media about the COVID-19 virus outside Rideau Cottage in Ottawa, Friday, Nov. 20, 2020. THE CANADIAN PRESS/Adrian Wyld
Canada’s inability to manufacture vaccines in-house will delay distribution: Trudeau

First doses of COVID-19 vaccine expected in first few months of 2021, prime minister says

(Pixabay)
All dance studios, other indoor group fitness facilities must close amid updated COVID-19 rules

Prior announcement had said everything except spin, HIIT and hot yoga could remain open

Most Read