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Development

Larco’s 451-unit Capilano Village Project at Rezoning

Larco has submitted their rezoning application for the 4.4 acre site that they own in the Lower Capilano area; home to a former athletic club near Capilano Road and Marine Drive. This project will be adjacent to another 262-unit two-tower project announced earlier this year.

The plan calls for a mixed use project which would include 451 residential units, a small amount of at grade commercial, a mini-storage operation, and a public community centre.

Capwest_2

The proposal is to build this project in four phases over ten years, with the community centre targeted to begin construction in year seven. Project details include:

  • A total of 451 residential units;
  • An 18-storey residential tower and a 12-storey residential tower;
  • Three 6-storey apartment buildings, one of which is a market rental building;
  • A 4-storey apartment building (two storeys over top of the community centre);
  • A 4-storey seniors’ rental building;
  • Twenty 2 and 3-storey townhouse units.
  • A 26,550 SF community centre on the north side of the public plaza in the foot of the 12-storey tower;
  • A public plaza in line with the future cross roads;
  • A continuation of the open space with the village green park area next to the plaza;
  • A new greenway trail along the western edge of the site;
  • 4,200 SF of commercial space next to the public plaza; and
  • A 125,000 SF underground mini-storage facility in the 3rd level of the basement.

CapwestLarco Cap_3

September 5, 2014by david.taylor@colliers.com
Development

West Vancouver Mulls Park Royal Towers

While the proposed Park Royal highrises were heralded as an opportunity to bring in affordable housing for disabled people, the mall itself was also called out as being a bad neighbour at the District of West Vancouver’s Monday night council meeting.

Proposed Towers

Proposed Towers

The shopping centre’s proposed two towers of 24 and 17 storeys above a twostorey commercial podium at 752 Marine Drive could include more than a few hundred residential units, office space, a village square and storefronts. It may also provide the Vancouver Resources Society, a nonprofit that provides services for the physically disabled, 10 accessible units for those with a disability or mobility issues.

On Monday night, council was updated on the status of the proposed towers that may take over the former White Spot location. Andrew Browne, senior community planner, told council following a staff review and obtaining preliminary public comments, the project was found as favourable overall.

Read more: http://www.nsnews.com/news/west-vancouver-mulls-park-royal-towers-1.1198938

July 10, 2014by david.taylor@colliers.com
Development

New Master Plan for Larco’s New Westminster Site

New Westminster and Larco Investments have come up with a new master plan for developing its waterfront site.

28736newwest131204-660Quayside

It’s been nearly two decades since discussion on what to do with the Larco land located between the Fraser River Discovery Centre and Westminster Pier Park currently being used for parking. Previous plans called for five towers, with above-grade parking, but with nothing happening on it, the city went to Larco looking for more dynamic plans that could improve the connection between the waterfront and the Downtown, have better sightlines and still be economically viable for Larco.

The latest master plan revealed in a report to city council Monday calls for more open space, three towers instead of five to maintain sightlines, a dedicated park site of two acres, an extended waterfront esplanade, and a hotel.

It’s expected work could begin on amending the zoning in early 2014.

The plans call for three tall, slender towers on the western portion of the site with about 800 residential units. Townhouses would be incorporated into the base of the third tower while retail would be in the other two.

Read more: http://www.newwestnewsleader.com/news/234112961.html

December 2, 2013by david.taylor@colliers.com
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