Concert and Jawl Properties are working together to complete the Capital Park development, a six-acre master-plan community that is revitalizing an entire city block in the heart of Victoria.
The mixed-use development incorporates rental and condominium homes, as well as office space and retail amenities in a site that will be remarkable for its attractive landscaping, tranquil water features, and extensive walkways that will connect Capital Park to its many onsite amenities and adjacent communities.
“Capital Park is a shining example of our commitment to create vibrant, resilient and sustainable communities that reflect local values and priorities,” adds Brian McCauley, Concert’s president and CEO. “We couldn’t be more pleased with our progress and the public’s response to our efforts to revitalize the area.”
The development of Capital Park has occurred in multiple phases since the site was acquired from the province in 2014. This has allowed for the demolition of aged structures prior to construction as well as for the preservation of five heritage homes, three of which were re-located on site with the other two homes transported by barge to another James Bay location.
To date, Concert and Jawl have completed the construction of a 127,000-square-foot office building fully leased to the Province of British Columbia, 53 rental apartments featuring community-focused amenities, such as a Red Barn Market and a local branch of the Victoria public library, and three heritage homes which have been renovated and converted to rental apartments.
Nearing completion in the heart of Capital Park is an expansive plaza and a Good Earth Coffeehouse. Construction on the site’s second 120,000-square-foot office building is underway.
The final phase of the development, Capital Park Residences, will offer a total of 113 homes in four and five-storey buildings, along with a limited collection of distinctive townhomes.
“Capital Park, when completed, will bring new life to a key block that links the James Bay community with the downtown core,” says McCauley. “We look forward to completing this exceptional project and delivering on a long-term vision of revitalizing an integral area that has been somewhat of a missing puzzle piece of this community.”