Click here for further details: BRO 404-434 West 23rd Ave – e-copy
GBL Architects has applied to the City of Richmond for permission to rezone a 1.20 acre site at 8091 Capstan Way, from “Auto-Oriented Commercial (CA)” to “Residential/Limited Commercial (RCL5)”, to permit the construction of a two-tower, high-density, mixed use development in the City Centre’s Capstan Village area.
The site sits directly across the street to the South of the Wall Centre Richmond complex.
The proposed development includes:
- 136 residential units
- 59 one-bedrooms, 77 two & three bedrooms
- 75 hotel rooms
- 9,688 SF of ground floor retail
- a total density of 3.65 FAR
- a cash contribution of $1,141,402 and public dedication
- 193 underground parking spaces
Search the Site
First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion
First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while
West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave
Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor



