Peninsula News Review, August 06, 2014

Page 1

PENINSULA Honouring a VC winner

Market to Market

New marker helps identify Victoria Cross winner George Pearkes, page 3

The Sidney Street Market has attained balance throughout the summer, page 11 Black Press C O M M U N I T Y

N E W S

M E D I A

NEWS REVIEW

www.peninsulanewsreview.com

Wednesday, August 6, 2014

Five-storey condo plan is revived

th August 13

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Marker Group takes over the McLarty Furniture property in Sidney

CYAN A MAGENT YELLOW BLACK

Steven Heywood News staff

A new builder has resurrected plans for a fivestorey condo structure in downtown Sidney. Grant Rogers of The Marker Group says his plan for the site of the former McLarty Furniture building on Third Street, is similar to those of the property’s previous owner — with a few notable changes. While the building will still be five storeys, Rogers said it will be up to two feet shorter due to the new configuration of ground floor commercial space. Instead of 28 units in the original plan, this “For myself, I project will have 25 think it’s a good — three units will be removed from the ground project. And this floor space to make room one looks just as for more parking. There will be no undernice as (the first ground parking in the proposal).” new design. Rogers said the site lies on top of blue – Steve Price clay, which would make underground parking economically unrealistic. “Putting in underground parking in a best case situation would cost an additional $35,000 per condo unit,” he explained. With units expected to sell for between $320,000 and into the high-$400,000 range, Rogers said above-ground parking reduces the over unit price to the market. He added another change includes modifying the layout of the units to meet the property’s target market — people looking to downsize. Steven Heywood/News staff

PleaSe See: Condo project meets downtown, page 4

Adam Middleton of Victoria takes his bike over a jump at the North Saanich Free Ride Park. He was spending a hot summer day out riding with his kids.

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