STAFF REPORT - RESIDENTIAL DEVELOPMENT UPDATE REPORT

RESIDENTIAL DEVELOPMENT UPDATE REPORT

RECOMMENDATION

THAT the report dated April 29, 2024, titled “Housing Supply Update Report” prepared by the Director of Development Services be received.

PURPOSE

The purpose of this report is to provide Council with an update on the total number of dwelling units in large projects, including mixed-use and multi-unit residential developments, that are: currently under construction; or approved by Council but not yet under construction (no building permit).

BACKGROUND

At the Committee of the Whole Meeting on April 11, 2023, Council requested that staff bring forward an update on approved large projects (mixed-use and residential developments) in the Town to further understand the current and future housing supply being delivered by the development industry.

The last residential development update report was presented at the Committee of the Whole Meeting on October 10, 2023. This report gives Council an update on how the large projects have progressed through the fall and winter months.

DISCUSSION

Figure 1 below is a map identifying the total number of dwelling units currently under construction in the Town, as of April 28, 2024.

Map identifying total number of dwelling units under construction in View Royal as of April 28, 2024

Table 1 below provides a summary of each large residential development that is either under construction; or development permit approved by Council, but a building permit has not been received or issued yet.

Table 1. Summary of large developments

Number	Address	Photo	Project Details
1	244 Island Hwy (Skyview)	Construction photo of the multi-unit residential building at 244 Island Hwy	Zoning: RM-3, Mixed Residential Use: multi-unit residential Total number of units: 37 du (strata) Number of Unit Types: 1 bdr – 21; 2 bdr - 16 Affordable/Accessible Units: none Building Permit (BP) Issued: BP issued on April 18, 2021 for 37 units Construction Period: 2yrs Construction Status: In progress
2	258 Helmcken Rd (Royalle)	Construction site photo showing foundations and crane at 258 Helmcken Rd	Zoning: CD-26 Zone, Island Highway/Helmcken Comprehensive Development Use: mixed-use (commercial- residential) building Total Number of Units: 55 du (strata) Number of Unit Types: 1 bdr – 19; 2 bdr – 35; 3 bdr - 1 Affordable/Accessible Units: none Building Permit (BP) Issued: BP issued on December 9, 2022 for 55 units Construction Period: 2 yrs Construction Status: In progress
3	15, 17, 21 and 23 Erskine Lane (The Blueprint)	15 Erskine Lane (D) building under construction 17 Erskine Lane (C) building under construction 21 Erskine Lane (B) building under construction 23 Erskine Lane (A) building under construction	Zoning: CD-25 Zone, Erskine Lane Residential Use: multi-unit residential Total Number of Units: 316 du (rental) Number of Unit Types: studio – 8; 1bdr – 148; 2bdr – 120; 3bdr - 40 Affordable/Accessible Units: none Building Permit (BP) Issued: BP issued for Buildings C and D (15 and 17 Erskine Lane) on July 26, 2022 for 158 units; and BP issued for Building A and B (9 Erskine Lane on July 31, 2023 for 158 units. Construction Period: 2 years Construction Status: 4 out of 4 buildings in progress (Building A – 65% complete; Building B – 70% complete; Building C – 80% complete; and Building D – 95% complete)
4	1449 Burnside Rd W (Aspire)	Construction site photo with crane at 1449 Burnside Rd W	Zoning: CD-24 Zone, Burnside Helmcken Centennial Use: multi-unit residential Total Number of Units: 234 du (rental) Number of Unit Types: 1bdr – 76; 2bdr – 132; 3bdr - 26 Affordable/Accessible Units: none Building Permit (BP) Issued: BP issued for both buildings on September 27, 2023, for 234 dwelling units Construction Period: 2 years Construction Status: in progress
5	181 Island Hwy (Portage Park)	Photo of the development site at 181 Island Hwy	Zoning: CD-27: Comprehensive Development (Island Highway – Portage) Use: multi-unit residential Total Number of Units: approx. 82 du (strata) Number of Unit Types: 1bdr – 63; 2bdr - 16; 3bdr – 3 Building Permit (BP) Status: BP issued on April 9, 2024, for 82 units Construction Status: in progress
6	2000 West Park Lane (West Park 1)	Construction photo of the residential building at 2000 West Park Lane	Zoning: CD-23: Comprehensive Development (Thetis Lake) Use: multi-unit residential Total Number of Units: 48 du (strata) Number of Unit Types: 1bdr – 25; 2br - 23 Affordable/Accessible Units: none Building Permit (BP) Status: BP issued on July 6, 2023 for 48 units Construction Status: in progress
7	7 Erskine Lane	Architectural rendering of the proposed multi-unit residential building at 7 Erskine Lane	Zoning: RM-3, Mixed Residential Use: multi-unit residential Total Number of Units: 79 du (rental) Number of Unit Types: 1bdr – 42; 2br – 35; 3br - 2 Affordable/Accessible Units: none Building Permit (BP) Status: BP received on November 1, 2023. Currently under review. Construction Status: not in progress

CONCLUSION:

There are a total of six large projects that are currently under construction and on large project with an approved development permit; however, building permit is currently under review. Each category can be summarized as follows:

six large residential developments currently under construction will deliver 772 new dwelling units, including 550 rental units and 222 strata units, within the next two years.
one large residential development is currently under review for a building permit. When this building permit is approved, it will deliver another 79 rental dwelling units.

To conclude, staff recommend that Council receive this report for information.

CONCURRENCE:	Initials	Comments
Chief Administrative Officer	SS	I concur with the recommendation.

REVIEWED BY:	Initials
Director of Corporate Administration	n/a
Director of Finance	n/a
Director of Development Services	LT
Director of Engineering and Parks	n/a
Director of Protective Services	n/a