25%
50%
75%
100%
LOCATION
6750 West Coast Road
Sooke, BC
CLIENT
M’akola Housing Society/Saint Vincent de Paul/BC Housing/ESDC
DESIGN / CONSTRUCTION
7 months/expected August 2014
SITE SIZE
12,344 sf
BUILDING SIZE
4-story – 21,431 sf
25 units (18 bachelor, 7 one-bedroom)
Commercial Space – 3,122 sf
TOTAL BUDGET
$6 million
DESIGN TEAM
Joe Newell Architect
Hope Centre is a mixed-used housing, education, training, support and social service/thrift store building designed to provide layers of complementary support to the homeless and homeless-at-risk youth populations of the community of Sooke, with a focus on Aboriginal persons. The ground floor includes commercial space, while the remaining three floors is comprised of 25 residential units and 3445 sf of non-profit/serve-oriented office space. For this project, MDS was able to help M’akola and Saint Vincent de Paul pull together funding/financing from four different levels of government (federal, provincial, regional and municipal) as well as some more traditional third party lending in order to create this mixed-use partnership project.
MDS SERVICES
- Housing Study
- Feasibility Analysis
- Business Plan
- Funding/Financing Applications
- Partnership Protocol
- Operating and Management Plans/Procedures
- RFP & EOI
- Capital and Operating Budget
- Development Consulting
- Joint Venture Development
- Full “Turn-Key” Development
- Contract management
FUNDING PARTNERS
- Government of Canada Homelessness Partnership Strategy: $1.8 M
- BC Housing Grant: $1 Million
- CRD Regional Housing Trust Fund: $375,000
- District of Sooke: $83,462
- CMHC Seed Funding: $10,000
- BC Housing Community Partnership Initiative: Construct and take-out
- Society of St. Vincent de Paul, Vancouver Island: $375,500 (land contribution)