We are pleased to announce the sale of 420-440 Mountain Highway, a high density mixed-use development site in the Lynn Creek area of North Vancouver.
The preliminary master plan concept for the 38.5 acre Sapperton Green site has now been approved by the City of New Westminster, allowing the project to move forward to public consultation and eventual rezoning.
Plans to rezone and redevelop the current industrial property first came forward several years ago, with an application by Quadreal for OCP amendment approved in November 2015.
The site sits on the Eastern edge of New Westminster and is adjacent to Braid Skytrain Station. The site is currently improved with older industrial buildings currently used by Amazon.
Details of the proposed development within the preliminary master plan include:
- 13 to 14 residential towers with midrises and townhouses
- Approx. 3,700 units (half condo / half rental)
- 3,400,000 SF of residential space
- 800,000 to 1,150,000 SF of office space (mostly along Braid near the station)
- 150,000 SF of retail space
- 35,000 SF community centre facility
- a central greenway running through the site in addition to a road network
- park dedication equal to approx. 12% of the gross site area
- a CAC to be determined
The first phase of the project would occur on the South and East portions of the site, the subsequent three phases would require demolition of the existing Amazon building.
It is anticipated that the rezoning application would be sent to public hearing in the Spring of 2018.
We are pleased to introduce this 58′ x 135′ corner lot in the Cambie Corridor Phase 3 Plan area. The lot will likely be rezoned in early 2018 to allow townhouses. Contact us for further details.
Brochure: BRO – 1008 West 52nd Ave – E