Groundbreaking has taken place on a two-phase, 245-unit condominium “Tresah” in Victoria B.C. When completed it will be the largest mass timber condominium project in area. In commenting about the $80 million (CAD) project, Ed Geric, president of Mike Geric Construction said this may be the first mass timber condominium project on the Island — a mass timber rental project is under construction and there have been commercial buildings — but it won’t be the last. He went onto say that given the environmental and sustainable benefits of building condos with wood and the fact the government is pushing it as a value-added addition to the forest industry, it is bound to become more popular. “It’s not new technology, but previously the building code didn’t allow for it [in high-rise construction],” said Geric. “Now it’s heavily supported in B.C. and there’s three or four companies producing mass timber.” Geric said his company has never built a concrete and steel condo building, so being able to expand the use of timber to build 12-storey projects suited them.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.
Ground-breaking for mass timber condo project near Mayfair