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Development

Park Royal Seeks Condo Highrises

Park Royal seeks condo highrises.

Park Royal is aiming to be less of a mall and more of a neighbourhood.

The mall’s management announced plans April 30 to add residential towers to the mix, along with a host of new stores and a refurbishment of the north mall.

“The vision is creating, as many shopping centres are doing today, a move from being a single-purpose delivery of goods and services . . . to becoming a much more inclusive neighbourhood. That neighbourhood would include, obviously, residential as a component of the deliverables,” said Rick Amantea, Park Royal vice-president.

If approved by the District of West Vancouver, Park Royal will build two towers, 24 and 19 storeys in height, holding 289 units of housing at 752 Marine Drive, the location of White Spot today.

Read more: http://www.nsnews.com/business/Park+Royal+seeks+condo+highrises/8365534/story.html#ixzz2TBY7WSaL
May 13, 2013by david.taylor@colliers.com

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