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Knightstone breaks ground on Victoria’s first new hotel in nearly 20 years
Construction is officially underway on the Hyatt Centric Old Town, marking the first new hotel development in Victoria in nearly two decades.
A ceremonial ground breaking was held in July and attended by Minister of Tourism, Arts, Culture and Sport Spencer Chandra Herbert, Knightstone CEO Alan Perlis, Victoria Mayor Marianne Alto, Hyatt’s Scott Richer, and Chard Development CEO Byron Chard.
The 167-room project is being developed by Knightstone Hotel Group in partnership with Vancouver-based Chard Development Ltd. and will rise at the corner of Government and Yates streets in the city’s historic Old Town. The hotel is scheduled to open in 2028.
“It was a beautiful day for a ground breaking!” says Knightstone Hotel Group in a statement. “Construction on the 167-room Hyatt Centric Old Town in Downtown Victoria, B.C. is underway. Opening in 2028, this will be the first new hotel in Victoria in nearly 20 years.”
A ceremonial ground breaking was held in July and attended by Minister of Tourism, Arts, Culture and Sport Spencer Chandra Herbert, Knightstone Hotel Group CEO Alan Perlis, Victoria Mayor Marianne Alto, Hyatt’s Scott Richer, and Chard Development CEO Byron Chard.
Designed by Proscenium Architecture + Interiors and IBI Group (now part of Arcadis), the development will incorporate the preserved façade of the former Canada Hotel, a 1940s-era building noted for its Art Moderne architecture. The project also includes ground-floor retail and a rooftop food and beverage venue with views of the Inner Harbour.
The hotel will operate under the Hyatt Centric brand, targeting experience-driven travellers seeking stays in culturally vibrant urban areas. It will be the first Hyatt Centric property on Vancouver Island.
“We’re proud to bring this idea to life with our development and design partners, and thank everyone who helped make this milestone possible,” says the company.
