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Nov 19, 2009
McMorran’s Beach House is for sale and will close in April, putting prime waterfront property on the market.
The municipality of Saanich already has a conditionally accepted offer on part of the Cordova Bay Road property which they will use as a park, but the remaining three lots — two waterfront — are for sale.
The McMorran family property is an institution in Greater Victoria, the site of thousands of weddings, celebrations and meals since it opened in 1921. It has been family-owned and operated by the McMorrans for the past 88 years.
But Wallace McMorran, the general manager of McMorran’s and the grandson of founders George and Ida McMorran, said it is too difficult to make the business profitable. The family put in “millions” in the 1990s, he said, improving the building and seismographically upgrading it. That increased business but not enough.
“T...See More
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