More affordable housing coming to Dockside Green
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Updated: August 28, 2009 4:48 PM
The latest installment in the enormous Dockside Green development got a stamp of approval at Victoria city council last week.
Eleven affordable rental units will be added to the roster at 370 Harbour Rd. Five units will have three bedrooms and the other six, two bedrooms.
Dockside Green is working with Capital Region Housing Corp., which would subsidize the new units. Successful tenants are chosen based on family income and need. More than 1,000 families are on the CRHC waiting list.
"We can certainly use affordable housing and it's great we can do it absolutely seamlessly with the rest of this development," Coun. Pam Madoff said at Thursday's presentation to council.
These units are not the end, of course. Developer Joe Van Belleghem says the entire project could take another five to six years to complete. The 300 existing residential units are between 85 and 95 per cent sold.
Plans for two more condominium towers are in the works, Van Belleghem said, but Dockside won't go to Victoria council with those plans until total sales are closer to 100 per cent – a level he hopes to be at by next summer.
ecardone@vicnews.com
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