Original Opportunity: ±31,363 SQFT gross site area SOLD To: Adera Projects Ltd. Development: 92 units in Mass Timber Construction “Top Of The Hill” Burquitlam Neighbourhood Transit Oriented Development Opportunity London Pacific is pleased to present this exemplary opportunity to purchase a large scale RM-3 development assembly. Situated in a prime “Top-of-the-Hill” location and within walking distance to the Burquitlam SkyTrain Station and urban core, this offering represents the best RM-3 site in all of Burquitlam/Lougheed. With a gross buildable area up to 254,322 SQFT, this large scale assembly site offers a mid-rise condominium re-development opportunity, with approximately up to 330 units (2.3 FSR).
Development Land properties
3 Lot Assembly in Surrey City Centre Mid Rise Development Opportunity This site offers an opportunity to acquire over one acres of apartment designated land along the high visibility corridor of 108 Avenue in Surrey’s City Centre. The subject site is designated as “Low-Rise Apartment and Townhouse” with an allowable gross density of up to 2.5 FAR in the form of 6 storey apartments.
8 Lot Assembly | Medium Density Development Opportunity In Burquitlam This 64,769 SQFT site is designated under draft Burquitlam concept plans for RM-3 medium density apartment residential with considerations to building heights and forms at 6 storeys + 2 levels of underground parking. With maxium FSR at 2.3 and 148,804 SQFT gross buildable area, the projected number of units is 175. Following City held open house in November, the Planning department is tasked to present the following works through the winter/spring of 2016: • Prepare draft BLNP, and implementation action plan • Prepare Servicing Assessment • Third round of public consultation We anticipate that the Burquitlam Area plan will be introduced and approved shortly thereafter. All future developments within Burquitlam shall be guided by the TDS (Transit-oriented Development Strategy) and other official documents. All re-zoning and multifamily development sites are subject to a $3.00 CAC (community amenity contribution) which is reflected in the net increase of density between the existing residential density and the approved developable residential density.
“Top of the Hill” Transit Oriented 4 Lot Assembly in Burquitlam Neighbourhood London Pacific is pleased to present this exemplary opportunity to purchase a large scale RM-3 development assembly. Situated in a prime “Top-of-the-Hill” location and within walking distance to the Burquitlam SkyTrain Station and urban core, this offering represents the best RM-3 site in all of Burquitlam/Lougheed. With a gross buildable area up to 74,175 SQFT, this large scale assembly site offers a mid-rise condominium re-development opportunity, with approximately up to 150 units (2.3 FSR).
Original Opportunity: 8 Lot Assembly in Burquitlam Neighourhood SOLD To: Anthem Properties Development: “Dwell” 69 Stacked Townhomes and Garden Suites Land Assembly | Townhouse Development Opportunity The subject site is designated as “Townhousing” through the Burquitlam Lougheed Neighborhood Plan (BLNP), specifically RM-2. This premier site is fronting both Ducklow Street and Smith Avenue and is within walking distance to the Burquitlam Skytrain Station, future YMCA, and adjacency to Mountain View Elementary and Mountain View Park. Ducklow and Smith present an incredible opportunity for townhouse living.
Original Opportunity: 4 Parcels of Bare Land SOLD To: The City of Abbotsford Development Land | 6 Storey Mixed-Use Development Opportunity Situated in Historic Downtown Abbotsford sits 4 parcels of bare land awaiting your creative ideas. These parcels are currently separated into two potential development sites, but may be able to be adjoined into one large site with an assembly of the middle piece. The Official Community Plan designated land use is for six-storey mixed-use developments, ideally located just steps away from the downtown core. Alternatively, if the sites are not adjoined, a storefront with retail above would be an ideal buildout.