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Uptown leads commercial pack


We hear about Ikea all the time and, no, they are not coming, she said Thursday. Ikea requires a much larger demographic than what is on the Island. Victoria has very expensive land and they build in more industrial areas and that s not what we have here.
Burlington, Ont.-based Ikea Canada confirmed it has no plans to open a store on the Island any time soon, leaving faithful fans of the Swedish-based home-furnishings retailer to take ferries to its Lower Mainland stores.
Uptown was by far the highest appraised commercial property in Greater Victoria for 2012 at $240 million, according to B.C. Assessment, which also has its head office at the Saanich shopping centre. ....

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Victoria tourism businesses need return of foreign tourists to thrive


American tourists spend 70% more than Canadian tourists, while overseas visitors spend 133% more
Author of the article: Lisa Cordasco
Publishing date: Jul 10, 2021  •  3 hours ago  •  8 minute read  • 
Tourists aboard a horse and carriage ride as it passes the B.C. legislature on July 6. As COVID-19 numbers continue to drop in the province and around the country the provincial government has eased restrictions allowing tourism to slowly returning to Victoria. Photo by Chad Hipolito /PNG
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VICTORIA Hoteliers, tourist attraction operators and downtown Victoria merchants are welcoming the return of the summer tourist season, but they’re bracing for a trickle, rather than a flood, of visitors this year. ....

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