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Reliance Properties buying Upper Harbour Place office complex

Reliance Properties buying Upper Harbour Place office complex
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Heritage building across from city hall on market for $7 85M

Heritage building across from city hall on market for $7 85M
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Heritage building across from Victoria City Hall on market for $7 85M

Residents were moved to other facilities. Since then, Reliance ­Properties, which owns the building, has completed ­extensive exterior renovations, including repairs to the ­historic facade, new windows and sashes, plumbing and electrical work, and remodelling of the ground-floor commercial spaces on Douglas and Cormorant streets. It’s been on the market for a month and Reliance chief executive Jon Stovell said interest is “very strong” from the heritage development community. He also expects interest from the non-profit sector, but believes the upper floors can’t work for single-room occupancy suites unless major changes are made. “It’s a great opportunity for someone to re-purpose these upper floors, converting them to self-contained rooms with ­bathrooms and kitchens … or something more,” said Stovell.

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