A preliminary rezoning application has been submitted by Edgar Developments for the 7.2 acre Columbia Square Plaza Shopping Centre site in New Westminster.
The site at 88 Tenth Street is a large triangular shaped lot located in the Downtown neighbourhood bounded by Royal Avenue and Columbia and Tenth Streets. It is located about 100 meters from the New Westminster Skytrain Station.
The existing strip mall includes Save-On-Foods, BC Liquor Store, several banks and Pharmasave.
The site is designated Mixed Use High Density within the Downtown Community Plan and the general form of development is expected to be tower residential with a mix of retail, office and residential podiums interfacing with grade.
The proposal seeks to establish a master plan that would facilitate a multi-phased high density development that includes:
- 6 to 8 residential towers;
- replacement of existing retail;
- minimum 120,000 SF of office space;
- between 1.7-3.0 Million SF of residential space;
- 2,200 to 4,000 units;
- 10% inclusionary units;
- community and public spaces.
The application is still preliminary and requires Council direction to authorize planning staff to work with the owners to refine the proposal before a formal rezoning application will be considered.
The site was acquired by Edgar in 2022 for $136,000,000.