The Fairfield Block is a historic brick building located on Victoria's Douglas Street on the east side between Fisgard and
Cormorant Streets in the heart of downtown Victoria. The building has been recently acquired by Reliance Properties and Porte Communities and is undergoing a revitalization to restore the building to its former grandeur.
There are three retail units available along the Douglas side of the project ranging in size from 1,301 sf to 1,607 sf. The units can be combined to create larger contiguous space if required by tenants, up to a maximum contiguous amount of 4,325 sf. The attractive glazing and store front provide prominent exposure along one of Victoria's main walking and vehicle corridors.
Downtown Victoria is a vibrant urban neighbourhood with a thriving entertainment district and walkable shopping areas. Downtown is host to a number of world renowned destinations including but not limited to the Inner Harbor, Legislature building, the Empress Hotel and Canada's first Chinatown. Downtown Victoria serves as the employment and entertainment hub for the Capital Regional Districts 360,000 residents.
With the growing number of residential projects currently underway in the City core, downtown is more than just an employment and shopping hub - it is becoming one of Victoria's fastest growing neighbourhoods where people live, work and play on a 24/7 basis.
The Fairfield Block ([removed phone] Douglas Street) is located in the heart of Downtown Victoria, situated across from Victoria City Hall and adjacent to 1515 Douglas, a new Class A office development. Upon completion in early 2018, 1515 Douglas will be home to over 1,000 high net worth employees from companies such as bcIMC, Workday and Illumina. This exciting tenant mix brings a strong, immediate audience to support retail, food and other service providers in the neighbourhood.
TAXES & OPERATING COSTS
Estimated at $10.30 psf, per annum (excludes electricity)
Plus 6% of basic rent as management fee.