Thind Properties has applied to the City of Richmond for permission to rezone a 3.9 acre site at 5740, 5760, and 5800 Minoru Boulevard, in the Lansdowne Village area of Richmond.
Thind acquired the site in 2018 for $60,000,000.
The proposed concept for the site was first unveiled in late 2019. The formal application now confirms a high-rise, high density, mixed use development to replace the existing older commercial/industrial buildings on site.
The project comprises a 12-storey office tower and three residential towers.
Details include:
- 429 residential units;
- 341 condos and 88 affordable housing units;
- 162,000 SF of office space;
- 25,000 SF of retail space;
- a total gross density of 3.20 FAR;
- 632 parking spaces.
Prior to rezoning adoption, legal agreements will be registered on title to limit subdivision by air space parcel or strata-title on a floor-by-floor basis (to ensure the development provides for flexible, large floorplate office spaces).
The architect for the project is IBI Group.
