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DocumentsCorrespondenceJun 20, 2022Page 46

Letter of Support - Colliers (Brandon Selina)

Signed support form from Colliers indicating support for the proposed zoning amendment and noting low industrial vacancy in the region.

Key facts

  • Date: June 9, 2022
  • Signer: Brandon Selina, Vice President, Colliers International
  • Reference: Colliers Victoria Q1 2022 report - industrial vacancy 0.2%

Letter of Support - Colliers (Brandon Selina)

June 9th, 2022

Re: Proposed Zoning Amendment at 2750 Leigh Road – Langford B.C.

To Whom It May Concern:

By means of my signature to this letter I wish to notify the City of Langford of my support for this exciting new development.

With a goal of achieving a sustainable community, these proposed changes to the zoning, will enable:

  • The creation of highly desirable employment lands for Langford and the overall Greater Victoria Region
  • Expansion of employment opportunities and residential housing market growth for Langford residents
  • Address the critically low supply of light industrial space
  • Currently Greater Victoria has the lowest industrial vacancy in the country at 0.2% as of Q1 2022 based on Colliers Victoria Q1 2022 Industrial Report
  • Lack of space puts upward pressure on lease rates and sale prices, hindering local businesses economic growth

I/We agree the proposed uses fit well into the needs of the community and we look forward to seeing this project come to fruition.

Print
Signature
Business

Name(s)

DocuSign Envelope ID: 23F882DF-5926-47D6-84FA-7C3AC3B61CF0

Vice President
Brandon Selina
Colliers International

Page 46

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Extracted from: Agenda(595 pages total)