A development application has been submitted for a 24,156 SF I-1 zoned site at the Southeast corner of West 4th Avenue and Columbia Street in Mount Pleasant. The site is currently improved with an older industrial building and surface parking lot at the corner.

Plans for the site include a new 4-storey building with mezzanine mixed-use building. Including:

• three levels of office over one level of wholesale space;
• 109,485 SF of total space;
• 73,443 SF of office space;
• 36,497 SF of wholesale space;
• a total density of 3.0 FSR;
• a building height of 60 ft.;
• two levels of underground parking.

Under the site’s existing I-1 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The architect for the project is Taylor Kurtz.

A development application has been submitted by PortLiving for ‘Railtown Station’, a project at 711 Alexander Street, a triangular shaped site in Railtown totaling 11,438 SF in size. The site is bounded by CP railway tracks to the North and the Heatley Avenue overpass to the West.

Plans for the site include a new 7-storey light manufacturing, office, mixed use building including:

• 48,238 SF of manufacturing space;
• 5,380 SF of office space;
• 3,572 SF of retail space;
• A total density of 5.0 FSR;
• A proposed height of 104 ft.; and
• Three levels of underground parking providing 56 parking spaces having vehicular access from Heatley Avenue.

Under the site’s existing M-2 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The project had been pre-leasing through Avison Young under a previous design plan for the site:

The architect for the project is Formosis Architecture.

The site was acquired by PortLiving in 2017 for $5,100,000 or $89 per buildable SF based on the application.

8171 Cook Road, a 26,000 SF, 3-storey concrete office building in Richmond has sold for $25,000,000 to TPMG Capital.

The building is located at the northwest corner of Cook Road and Buswell Street and is designated as Urban Core T6 in the City of Richmond’s City Centre Area Plan.