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| Archive | Send to a Friend | www.boma.bc.ca | ||||||||||||||||||||||||||||||||
| January 12, 2021 | ||||||||||||||||||||||||||||||||
 Association NewsBOMA BC along with 10 major property managers, the City of Victoria, and the District of Saanich have officially launched the Greater Victoria 2030 District. The 2030 District’s vision is to become a hub of high performing buildings, transforming the built environment and the role it plays in mitigating and adapting to climate change. This is Canada’s second “Established District”, joining 22 other leading communities in North America.
   New this year is the data for Nanaimo, Kamloops and Kelowna. We’ve worked with Altus to make this report more valuable for members across the Province and welcome any feedback about how to improve further. Log into the BOMA website to view the publication.
Get recognized for a job well done. The entry deadline for BOMA BC's Awards of Excellence is March 5. There are several categories for vendors and property management firms. Larger submissions (i.e. TOBY Awards) get completed more quickly with a team approach.
Government AffairsThanks to the work of BOMA and other groups, the province is moving ahead with a PACE (Property Assessed Clean Energy) BC legislation framework for a pilot project, and is conducting stakeholder engagement sessions to determine the best course of action on PACE-related incentive programming options. BOMA will be participating in the consultations, which are being led by the firm designing the pilot. If you have any information to add to the discussion about PACE, please feel free to share it with Muneesh Sharma at muneesh@boma.bc.ca. BOMA BC had two recent meetings with senior staff from the City of Vancouver to discuss ways we can help our members improve their wait times. From permit delays, electronic submissions, demising wall construction, to energy, environmental and seismic improvement triggers, we discussed many ways that will help you get permits faster. We look forward to providing you with more updates on how the process is being improved in the coming weeks.
Promote your affiliation with BOMA BC by using the 2021 Member Logo in your print/digital marketing materials, social media, emails, website or anything else. They are available for download via member log in (similar to the member directory) in both print and web formats. Download the logos here: https://www.boma.bc.ca/resources/boma-bc-member-logo/ 
Events & Education
Good to Know
Source: SWTCH Energy
The Natural Resources Canada (NRCan) Zero Emission Vehicle Infrastructure Program (ZEVIP) is offering 50% funding to EV charging projects in 2021. The application round begins February 2021 and closes May 2021. This round of funding targets the installation of infrastructure in public places, workplaces, and multi-unit residential buildings. Based on last year’s intake, maximum funding per application is assumed to be at least $5,000,000, with maximum funding amounts on a per charger basis for both Level 2 and DC fast chargers.
Event Calendar
Around the IndustrySource: Real Estate News EXchange
“From the surge in e-commerce and its impact on commercial spaces, to the rise of the remote workforce impacting vacancy rates and investment in home offices, this year has quickly taught us the importance of embracing uncertainty and looking for opportunities in the face of adversity.” Source: Times Colonist
PC Urban Properties of Vancouver is looking to build three light-industrial/commercial buildings with office space totalling 135,000 square feet. The developments would be built on a five-acre lot previously used by Galaxy Motors across from the Juan de Fuca Recreation Centre at 1764 Island Highway.
Source: The Georgia Straight
The West Fourth Building, which occupies an entire city block on West 4th Avenue between Yew and Vine Streets, is up for sale. The building in Vancouver’s Kitsilano neighbourhood is home to high-profile tenants like Whole Foods Market, Vancity Credit Union and the David Suzuki Foundation. Source: The Globe and Mail
“Pending city approval to rezone the industrial land, which Concord purchased for $164.8-million, plans for the tech-oriented, campus-style complex reveal a blend of office space with residential condos, including meeting rooms for those who work from home.”
Source: Times Colonist
In Greater Victoria, many major commercial real estate deals worth hundreds of millions of dollars were finalized in 2020 despite the COVID-19 pandemic. |
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