MGC’s New James Bay Development Property

MEDIA RELEASE

Mike Geric Construction Purchases High Profile Development Site in James Bay

July 13, 2021, Victoria, BC – Mike Geric Construction has purchased a 36,000 square foot (3,343 square metre) lot in James Bay that’s bordered by Quebec, Montreal and Kingston Streets. The high-profile site is currently a surface parking lot and is one of the few undeveloped properties in the historic James Bay neighbourhood.

“Our vision is to transform the site into a mixed-use development that will bring community amenities, housing diversity and public realm improvements to the neighbourhood,” said Edward Geric, president, Mike Geric Construction. “We have already begun conversations with our neighbours and the broader community to start developing a shared vision for a really forward-thinking development proposal that will add value to the area and benefit all of our neighbours.”

Geric has brought together D’Ambrosio Architecture + Urbanism and Murdoch DeGreef Landscape Architecture to begin creating a concept for a thoughtful and creative development that will become a long-lasting and valuable amenity for the community.

“This site is adjacent to a mature residential neighbourhood as well as one of the city’s most popular tourism districts, all within walking distance to downtown, James Bay Village, Fisherman’s Wharf and Beacon Hill Park,” said Geric. “It’s an idyllic piece of property and we’re very grateful to have the opportunity to bring forward a plan to create something special here.”

Mike Geric Construction is a local, family business that has been building homes throughout Greater Victoria for more than 50 years. The company is known for their leadership in adopting sustainable construction innovations and a commitment to housing diversity. They are currently building Victoria’s first mass timber condominium building, Tresah, which is located in Midtown across from Mayfair Shopping Centre. Their planned development, Doral Forest Park, recently passed a District of Saanich public hearing. Both developments, as well as the recent Travino development in Royal Oak, include housing programs with a total of 58 affordable home ownership and rental suites that reflect the company’s focus on creating housing diversity.