A parking lot in the northwest corner of James Bay is on the path to being developed.

On Tuesday, Mike Geric Construction announced it has purchased a 36,000 square-foot property bordered by Montreal, Quebec and Kingston streets, with plans to turn it into a mixed-use development. The finished product could include housing, commercial space or community amenities, but the construction group hasnB次元官网网址檛 specified its plan yet.

The site sits just off the Victoria harbour near Laurel Point and is surrounded by homes, hotels and condominium buildings.

Company president Edward Geric said theyB次元官网网址檝e already begun conversations with neighbours and the James Bay community and hope to create a shared vision for a forward-thinking development proposal.

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B次元官网网址淭his site is adjacent to a mature residential neighbourhood as well as one of the cityB次元官网网址檚 most popular tourism districts, all within walking distance to downtown, James Bay Village, FishermanB次元官网网址檚 Wharf and Beacon Hill Park,B次元官网网址� Geric said in a release. B次元官网网址淚tB次元官网网址檚 an idyllic piece of property and weB次元官网网址檙e very grateful to have the opportunity to bring forward a plan to create something special here.B次元官网网址�

Mike Geric Construction is a Victoria-born business whose current projects include a mass timber condo development across from Mayfair Shopping Centre, and a proposed waterfront condo building on Fifth Street in Sidney.

More information about the company can be found at .

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