Letter of Support - Canada ICI Capital (Mack Carson)

Letter of Support - Canada ICI Capital (Mack Carson)

June 14, 2022

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

To Whom It May Concern:

I wish to notify the City of Langford of my support for Beedie’s proposed commercial/industrial amendment on Leigh Road.
The greater Victoria region has one of the most competitive industrial landscapes in all of Canada due to its pronounced lack of supply. The 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, and challenging the ability for new industry and investment to come to the region.

I agree that the proposed uses fit well with the goals of our municipality, and will drive continued growth to our region.

Mack Carson

Director, Mortgage Origination
Canada ICI Capital