Two Tower Residential/Hotel Project Planned for Richmond

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