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Development

First Two Towers of Southgate Village Approved for Rezoning

The first phases of Ledingham McAllister’s Southgate Village project are moving forward through the rezoning process, with City of Burnaby council approval this week to go to public hearing.

Ledingham acquired the 48-acre former distribution centre in 2012 and received approval of a multi-phase master plan for the site in 2015, including 5.9 Million square feet of density (2.86 FAR). The master plan consists of five neighbourhoods, and the first two towers will be located in two of these neighbourhoods, each of which will be constructed in several phases.

The first two tower phases include:

“Precedence” (Gateway Neighbourhood)

  • a 32-storey apartment tower and 4-storey lowrise
  • 351 units
  • 94 one-bedrooms, 205 two-bedrooms, 16 three-bedrooms
  • tower height of 330.5 ft
  • 401 underground parking spaces

Southgate3

“Southgate Community Island 1 & 2” (Island Neighbourhood)

  • a 30-storey tower and 4-storey lowrise
  • 282 units
  • 69 one-bedrooms, 207 two-bedrooms, 6 three-bedrooms
  • a small park
  • 310 parking spaces

A new east-west public road will be built as part of this phase and will connect 18th Street to 12th Avenue.

Southgate4

March 23, 2016by 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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