Peace Arch News – Morgan plan moves ahead.

A proposed commercial and office space development on a 25-acre parcel of property at 20 Avenue, just east of Highway 99 cleared an important hurdle last week, winning approval in the form of a unanimous third reading at a city public hearing (Couns. Mary Martin and Judy Villeneuve were absent, according to the city clerk’s record).

The $100 million Morgan Place Developments Ltd. project will include 25,953 sq. m (279,000 sq. ft.) of retail and restaurant uses and 9,662 sq. m (104,000 sq. ft.) of office space.

It will have 1,330 parking stalls, 676 of which will be underground.

Read more: http://www.peacearchnews.com/business/173751331.html

3760 Sexsmith Road is a 3,703 square foot stand-alone office building in Richmond, BC.  Located within close proximity to the Aberdeen Canada Line Station, this building includes a front reception area, multiple offices, board rooms and other amenities. 

Please contact Ted Mildon, Matt Saunders and Baktash Kasraei for more information.

The City of Vancouver has put three properties up for sale on the North Shore that were taken over from Millenium Developments (Peter and Shahram Malek). Two of the properties are located in the Lower Lonsdale area and are potentially high density redevelopment sites; the third is a small retail property at 1327 Marine Drive in West Vancouver. Despite speculation as to why the City is selling now, the properties are sure to receive significant interest.

260 West Esplanade is an entire city block currently improved with two lowrise commercial buildings. Totalling 2.24 acres in size, the site is designated in the OCP as Town Centre Mixed-Use, potentially allowing a redevelopment to include residential up to a density of 2.6 FSR, or approx. 255,000 sq ft.

119-131 West Esplanade, a property known locally as “Site 8” is a 17,500 SF site located just north of Lonsdale Quay. This property is also designated in the OCP for density up to 2.6 FSR under the Town Centre Mixed Use classification. This site was previously proposed for a 36-storey tower by Millenium; a plan that faced significant community opposition in 2007/2008.