Richmond Road rental tenure secured in housing agreement

The City of Victoria is authorizing a Housing Agreement with JRK Richmond Road Holdings Ltd. for 2612–2628 Richmond Road, securing 105 dwelling units as rental in perpetuity. This agreement enables the developer to access increased density under Zoning Bylaw 2018 in exchange for long‑term rental tenure protections.

Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

rental tenure in perpetuity (105 units)

Renewal

Housing Agreement secures the building as rental tenure in perpetuity; no explicit renewal or expiry, intended to run indefinitely with the lands and future owners.

Document type

AgendaPacket

Source document

City of Victoria AgendaPacket Council Meeting 2026-07-30

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Victoria?

Jrk Richmond Road Holdings Ltd Inc No Bc1299859 was awarded this government contract by City of Victoria, as recorded on July 30, 2026.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Victoria AgendaPacket Council Meeting 2026-07-30 (AgendaPacket), dated July 30, 2026 from City of Victoria. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jrk Richmond Road Holdings Ltd Inc No Bc1299859 hold?

Jrk Richmond Road Holdings Ltd Inc No Bc1299859 may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Jrk Richmond Road Holdings Ltd Inc No Bc1299859's profile

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