Roundhouse buildout to start within a year, developer says

| Times Colonist

The developer behind the long-delayed Roundhouse development in Vic West says construction of the first towers could start within a year, after Victoria council gave the final green light for the project.

Ken Mariash, principal of Focus Equities, said the first of nine planned residential towers could be built by private contractors or by his own company.

Development permits are being submitted to the City of Victoria for a condominium tower, two rental apartment buildings and a tower that could include either rentals or condos combined with several floors of hotel rooms.

“Most developers are kind of overburdened right now with things they have going, but we’re always able to do it ourselves if we need to,” Mariash said in an interview.

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