The University of Victoria is looking for an operating partner for Swans Hotel and Brewpub.
U-Vic Properties has announced a plan to reinvigorate the establishment and a request for expression of interest has been issued.
The partner would operate the downtown pub, brewery and liquor store with U-Vic continuing to own the heritage building at 506 Pandora Ave.
U-Vic Properties CEO Peter Kuran says they going into it open minded with a request for expressions of interest being issued.
“The last major cash injection was done about 30 years ago and to keep up with the amazing and emerging neighbourhood around Swans, this is a good opportunity for investment.”
A short-list of qualified proponents is expected to be whittled down by March and a review of the proposals to be concluded by later in the spring.
Right now the property will run as is, with short listeded proponents reviewed later this spring.
Kuran says they expect to keep the staff working during any transition.