Highest and Best Use Consistent with Current Zoning and OCP
±1 acre mixed-use development site comprised of five (5) distinct parcels having frontages of ±240 feet along Chatham Street and ±120 feet along Herald Street. No rezoning required – highest and best use is consistent with current zoning and OCP. Located in Victoria’s Old Town, one of the largest historic areas in B.C., with its eclectic collection of commercial and residential uses contributing to downtown Victoria’s ever-increasing vibrancy.
Based on the current zoning, a 3:1 FSR would support ±129,600 buildable SF.