780 Yates Street, Victoria

Jones Lang LaSalle Real Estate Services, Inc. (“JLL” or the “Advisor”) has been retained on an exclusive basis to arrange the sale of a 100% freehold interest in 780 Yates Street, Victoria (the “Property” and/or “Offering”). The Offering represents a rare opportunity to acquire a 25,027 sf mixed-use high-density development parcel in the heart of Downtown Victoria.

Located at 780 Yates Street, Victoria the Property encompasses a 25,027 sf parcel of land with attractive dual frontage onto both Yates Street and Johnson Street, combining access to one of Downtown’s historic retail nodes with an evolving mixed-use corridor. The Property is designated as Central Business District within Victoria’s Downtown Core Area Plan (“DCAP”), allowing for mixed-use development up to 6.00x FSR or 150,162 sf of developable area (including bonus) and a max height of 24 storeys. The DCAP and OCP allow for mixed-use development including residential, hotel, retail, and office.

The Property encompasses 180’ of frontage onto Johnson Street with approximately 116’ of depth, and is situated between the major north-south arterials of Blanshard Street and Douglas Street. Key Downtown points of interest within walking distance include the historic Inner Harbour (10 mins), the Bay Centre (4 mins), Save-On-Foods Memorial Centre (8 mins), and Government Street (4 mins).