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Development, Retail

Richmond Walmart Gets Green Light

After almost three hours of impassioned pleas begging city council to say no; it said yes, gifting to Richmond in the process its first ever Walmart.

At a packed out, standing room only public hearing at city hall council chambers, city council, by a majority 6-2 vote, approved SmartCentres’ controversial $150 million, ten-year-old proposal for a 14-acre outdoor shopping centre – anchored by U.S. retail giant Walmart.

Councillors Harold Steves and Chak Au were the only two to vote against the West Cambie plan – bound by Alderbridge Way, Garden City, Alexandra and No. 4 roads.

Before the plan was approved, veteran Steves went as far to brand the development the “worst or second worst” the city has ever been involved with.

However, although many in the audience had nothing but condemnation for the proposal – traffic concerns, loss of green space and views, environmental damage and dislike of Walmart topped the list – there was a surprising throng of approval for the project.

Read more: http://www.richmond-news.com/news/richmond-walmart-gets-green-light-1.701622#sthash.6uB8rJsY.dpuf

November 19, 2013by david.taylor@colliers.com
Development

West End Community Plan Scheduled for Adoption Next Week

The West End Community Plan is on the City’s agenda for Wednesday November 20th. The Plan will guide rezoning and development in the West End, and focuses growth along four main corridors.

In most cases, rezoning applications will require a CAC contribution as part of the public benefit strategy, or will require a substantial social housing component.

West End Plan_2

 

Contact me for more information on the Plan and opportunities for redevelopment.

November 15, 2013by david.taylor@colliers.com
Development

Company Eyes 40-storey Tower with 500 Rental Units in New West

Changes made by the developer to Plaza 88’s proposed fourth tower have done little to appease New Westminster council.

The Degelder Group wants to build a 40-storey highrise with 500 rental units—235 studios and 265 one bedrooms ranging from 312 to 570 square feet—at 900 Carnarvon St. The structure would also include six floors of above-ground parking.

19665newwest131113-900Carnarvonfile“When I saw this I was really upset. I can understand why when Plaza 88 was originally developed and built there were seven floors of above-ground parking, but at the same token I don’t think that is needed here. They’re also asking for 40 floors which is huge,” said Coun. Bill Harper, who also slammed the small size of the units, at the Nov. 4 council meeting.

“The whole thing is problematic for me. I can’t see myself supporting this. Just because they say they can sell those units today doesn’t mean they’re going to be what we want 10 to 15 years from now. I have real problems with this whole process.”

Read more: http://www.newwestnewsleader.com/news/231616591.html

November 13, 2013by david.taylor@colliers.com
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