Larco’s 451-unit Capilano Village Project at Rezoning

Larco has submitted their rezoning application for the 4.4 acre site that they own in the Lower Capilano area; home to a former athletic club near Capilano Road and Marine Drive. This project will be adjacent to another 262-unit two-tower project announced earlier this year.

The plan calls for a mixed use project which would include 451 residential units, a small amount of at grade commercial, a mini-storage operation, and a public community centre.

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The proposal is to build this project in four phases over ten years, with the community centre targeted to begin construction in year seven. Project details include:

  • A total of 451 residential units;
  • An 18-storey residential tower and a 12-storey residential tower;
  • Three 6-storey apartment buildings, one of which is a market rental building;
  • A 4-storey apartment building (two storeys over top of the community centre);
  • A 4-storey seniors’ rental building;
  • Twenty 2 and 3-storey townhouse units.
  • A 26,550 SF community centre on the north side of the public plaza in the foot of the 12-storey tower;
  • A public plaza in line with the future cross roads;
  • A continuation of the open space with the village green park area next to the plaza;
  • A new greenway trail along the western edge of the site;
  • 4,200 SF of commercial space next to the public plaza; and
  • A 125,000 SF underground mini-storage facility in the 3rd level of the basement.

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