Posts Tagged ‘growth in View Royal’

View Royal is experiencing a period of meaningful growth and change as the town responds to regional housing needs, evolving land-use planning, and distinct local priorities. This overview highlights key projects, planning frameworks, and development trends shaping View Royal’s future real estate landscape. Strategic Planning and Growth Framework The Town of View Royal is actively updating its Official Community Plan (OCP) through the View Royal 2050: Our Future View initiative. The updated plan will guide growth over the next two decades and establish policies for land use, housing, transportation, parks, environment, and economic opportunities. Public engagement efforts have gathered resident input on growth, housing needs, and land use scenarios to help inform the updated OCP, which will shape development decisions in the coming years. View Royal 2050 The updated community growth framework will also refine land-use designations in key areas such as the Western Gateway Community Corridor along Island Highway. This corridor is envisioned as an evolving mixed-use area that could support new housing options, improved multimodal connections, and commercial activity. Provincial Housing Targets and Policy Alignment Under the provincial Housing Supply Act, View Royal has been assigned a target to deliver 585 new homes over the next five years. The town is aligning zoning bylaws and development policies to support this direction while balancing environmental protection and community character. Recent progress has exceeded initial targets: provincial reporting indicates View Royal delivered more than double its first-year net-new housing target, reflecting active building and approvals in the town. Major Residential Developments Several notable housing developments are underway or moving through the planning and approval process, demonstrating a shift toward increased density and rental supply in key areas: Island Highway Rental Developments: Progress is underway on new mid-rise rental projects along Island Highway, an area targeted for higher density and mixed-use activity. Among these, an approved development will deliver approximately 238 rental suites across two six-storey buildings between the new fire hall and Prince Robert Drive, offering a range of unit sizes from studios to three-bedroom layouts. 94-Unit Development at 346 Island Highway: Plans submitted by GT Mann Contracting propose a 94-unit project at the western end of the former Fort Victoria RV Park site, including underground parking and resident amenities. The Grand and Fir Condominiums: A five-storey condominium project with 82 units known as The Grand and Fir is nearing completion, with move-in availability targeted for 2025, supporting both lifestyle demand and compact housing options. Large-Scale Rental Community Opposite Victoria General Hospital: A 336-unit purpose-built rental community has begun construction near Victoria General Hospital, representing one of the largest rental projects in the town to date and contributing significantly to rental housing supply. These projects signify a diversification of housing types, including condominiums, purpose-built rentals, and mixed-unit buildings, all contributing to View Royal’s broader growth objectives. Local Engagement and Infrastructure Planning Alongside housing projects, View Royal is progressing several infrastructure and community improvement initiatives that will support growth and quality of life. These include transportation master plan updates, pedestrian improvements along key corridors, and upgrades to utilities and park spaces. Balancing Growth with Community Character As View Royal grows, municipal planning emphasizes maintaining the town’s natural beauty and neighbourhood feel while accommodating new housing and mixed-use development. The OCP update process reflects careful consideration of resident values around growth, transportation, environmental stewardship, and local identity. Conclusion View Royal is transitioning from a primarily low-density suburb to a more diversified community that supports a broader range of housing options, including rental communities and multi-unit residential projects. Strategic planning through the View Royal 2050 process, alignment with provincial housing targets, and active development along key corridors are key drivers of this evolution. For buyers, sellers, and investors, these trends indicate a community positioning itself for sustainable growth while preserving its distinct character. Troy W., 5-Star Review, via Google “We moved to Victoria from Halifax. As our Realtor, Scott helped us find the right house in the right neighborhood for the right price. He was patient as we traveled from the east to look at homes over several months and cautioned us about making unreasonable offers when we fell too quickly for overpriced homes. In short, he was always on our side working to make our house purchase as simple and successful as possible. The best part about working with Scott was that he was always more focused on answering our questions, giving us good advice, and finding homes that met our needs than he was on closing a deal. We would recommend him to anyone. 5 Star service Scott, we look forward to using you again very shortly for an income rental in the new year. ” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”