One Victoria Place35-Storey Tower Development

One Victoria Place represents a landmark development proposal that could fundamentally alter Victoria's skyline. Located at the prominent corner of Blanshard Street and Pandora Avenue, this 35-storey residential tower would reach 387 feet in height, surpassing the nearby Hudson Place to become Vancouver Island's tallest building.

The project is being developed by Vancouver-based Reliance Properties, known for their sophisticated urban developments throughout British Columbia. The site currently houses a 1980s office building that is leased to the BC Ministry of Forests, which would be demolished to make way for this transformative development.

Housing Contribution

One Victoria Place is designed to make a substantial contribution to Victoria's housing targets, with the proposed 321 units representing up to 30% of the city's annual housing goals. Particularly significant is the inclusion of 99 two- and three-bedroom units, which would exceed what is needed annually for family housing in Victoria.

This family-oriented approach addresses a critical gap in downtown Victoria's housing market, where most new developments focus on studio and one-bedroom units. The larger units will help attract families to downtown living, supporting the city's goal of creating complete, walkable neighborhoods.

Architectural Significance

The tower's design represents a new generation of high-rise architecture for Victoria. At 35 storeys, it would not only be the tallest building on Vancouver Island but also a statement piece that signals Victoria's evolution into a major urban center.

The building will incorporate mixed-use elements, with ground-floor retail space that will activate the street level and contribute to the vibrancy of the Blanshard-Pandora intersection. This location is strategically positioned near downtown amenities, transit routes, and employment centers.

Current Status & Timeline

The project is currently navigating the municipal approval process, with detailed renderings and plans having been submitted to the City of Victoria. The proposal has generated significant public interest and discussion about the future of downtown Victoria's development.

If approvals proceed smoothly, construction could potentially begin in late 2025 or early 2026, with completion expected 3-4 years after ground breaking. The project represents one of the largest private residential developments in Victoria's recent history.