Work is to shift to office space at 2261 Keating Cross Rd. in Central Saanich, space Pacific Blue Cross took possession of in December.
Downtown Victoria is facing another kick in the teeth as hundreds of office workers could be moved to Central Saanich with the awarding of a contract to Pacific Blue Cross to administer Health Insurance B.C. services.
Jeff Bray, chief executive of the Downtown Victoria Business Association, said the news came as a surprise; he sees it as a blow to downtown, which has suffered due to many workers not returning to the office as pandemic restrictions eased. “I’m hopeful that there will be an opportunity for someone else to take that space over though and occupy it.”
Colliers first-quarter survey of downtown office vacancy showed it is about 6.38 per cent, only slightly higher than the fourth quarter of last year and still below the 10-year average of seven per cent. Bray concedes the office vacancy rate hasn’t changed much downtown, but in the new world of having more people working remotely, downtown’s restaurants, stores and services all feel the lack of personnel on site.
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