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PH/WesGroup/Polygon – River District Mixed-Use Development – British Columbia - Project Profile

PH/WesGroup/Polygon – River District Mixed-Use Development – British Columbia - Project Profile

Synopsis

"PH/WesGroup/Polygon – River District Mixed-Use Development – British Columbia - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "PH/WesGroup/Polygon – River District Mixed-Use Development – British Columbia - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

ParkLane Homes (PH), WesGroup Income Properties (WesGroup) and Polygon Homes (Polygon), joint venture are undertaking the construction of a mixed-use project in British Columbia, Canada.

The project involves the construction of mixed-use facilities on 52.6ha of land.

The project will be developed in phases:

The first phase covers Area 1 rezoning, which includes the development of approximately 21ha land with a variety of housing types, a neighbourhood retail district, public riverfront, parks, walking, cycling, transit facilities, a community centre, enhancements to the Fraser River foreshore and public art facilities. It includes the construction of 157 residential units in two towers.

The second phase covers the development of Area 2 and Kerr Street Properties Rezoning, including rezoning approximately 14.2ha of land in the western portion of the site. Area 2 and Kerr Street Properties will become part of the future mixed-use residential neighbourhood at East Fraserlands. The rezoning includes 162,912m2 of residential, 929m2 of retail, two child care facilities, an elementary school, parks, and underground parking.

The project includes the construction of 7,000 units in 25-story, 668,901m2 residential towers, commercial space creating a pedestrian-friendly and sustainable community, 23,225m2 of retail space, 24,154m2 of office space, 10ha of park space, rhyme community, One Town Centre, Two Town Centre and related facilities, and the installation of safety systems and elevators.

James K M Cheng Architect, IBI Group Inc., and Shift Architecture were appointed as architects, PWL Partnership Inc and Actual Landscaping Inc as landscape architects, Seagate Structures and Glotman Simpson Group as structural engineers, and Omega Mechanical Ltd as the mechanical contractor.

The in-house team of WesGroup is undertaking the construction works. Polygon Homes is undertaking the construction work on the residential development.

DMD & Associates will undertake electrical, lighting and signal design.

Construction works commenced in the fourth quarter of 2011 and construction work on 600 homes in the first three phases has been completed.

In January 2015, development Permits for parcels 15, 16.1, 17, and 18.1 was approved by the Development Permit Board.

Construction activities are underway in Town Square and expected to be completed in 2019.

Scope

The project involves the construction of mixed-use facilities on 52.6ha of land in East Fraserlands, south of Marine Way on the border with Burnaby, Vancouver, British Columbia, Canada.

The US$4,000 million project includes the following:

1. Construction of 157 residential units in two towers and other commercial facilities in the first phase

2. Construction of 23,225m2 of retail space

3. Construction of 24,154m2 of office space

4. Construction of One Town Centre and Two Town Centre

5. Construction of rhyme community

6. Construction of related facilities

7. Development of 10ha of park space

8. Development of Area 2 and rezoning 14.2ha in western portion of site in the second phase

9. Installation of safety systems and elevatorsReasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix

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