Massive residential community preparing to build east of Richmond Olympic Oval

The developer of the largest residential project in Richmond's history is preparing to build its first high-rise tower east of Richmond Olympic Oval.

ASPAC Developments' Oval 8 Holdings Ltd. is seeking the endorsement of city hall's development permit panel today to build two residential high-rise towers and a series of townhouses that will contain 268 homes. Another 27,249 square feet of street-level commercial space is planned.

"It will contribute to the revitalization of the waterfront and set the standards for residential developments in the Oval Village neighbourhood waterfront lands..." said senior planner Francisco Molina in a report.

Homes will range in size from 540 square feet for one-bedroom units to 1990 square feet for three-bedroom-plus-den units, according to Molina's report.

The now-vacant site is already zoned for the high-density development. The site's address is 6622 Pearson Way, which is a new road planned for the area.

The project is part of ASPAC's 11.3-hectare (28-acre) River Green development, a luxury condominium community surrounding the oval and fronting the Fraser River's Middle Arm. High-rise development west of the oval is well underway.

If the development permit panel approves of the project, city council will then have a final vote before a permit is issued.

Other recent development activity in the area includes Ora, a trio of high-rises being built by Onni at 6951 Elmbridge Way, containing 324 homes over ground-floor retail. Also, at 5440 Hollybridge Way, another three towers are planned on a site now occupied by a tenanted warehouse complex.

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

Virk shuffled to new job after Kwantlen flap
B.C.-only wines to come to some grocery stores
Province okays transit tax referendum question, with some tweaks
RCMP seeks public help in solving arson
Second Langley farm hit by avian flu
Mission district to enforce parking downtown
Seeking a preliminary design for Vedder Road work
Carly Rae Jepsen surprises Christmas at the Clarke fans
Hunter protest over new regulations to benefit guides fills Langley meeting room

Community Events, December 2014

Add an Event

Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Dec 19 edition online now. Browse the archives.