Chard is pleased to share that Vivid at the Yates, Chard’s first attainable homeownership project, was nominated for and was the recipient of the Award of Excellence for High Rise at the 2022 Capital Region Commercial Building Awards!
The in-person event for the awards took place yesterday Thursday, November 24, at the Delta Hotels Victoria Ocean Pointe Resort and celebrated excellence across South Vancouver Island in commercial, industrial, institutional, or multi-family projects across 14 different categories. Representatives of the Chard team were thrilled to attend alongside nearly 250 industry peers and partners within the local construction and development business community.
Completed in 2021, Vivid represented a first-of-its-kind attainable homeownership opportunity through a unique partnership with BC Housing that bridged the gap and helped middle income BC households become homeowners. This market success was achieved by offering 135 modern, downtown Victoria homes at 8% to 21% below appraised market value to qualified BC buyers.
This is Vivid at the Yate’s 3rd award of recognition for its innovative offering. This past spring Vivid was given the Urban Development Institute Pacific Region’s Award of Excellence for Best Non-Market Housing, and the Provincial Award for Excellence in Housing Affordability from the CHBA-BC. Chard is hounored to have our efforts to deliver a diversity housing types recognized!