The CF Richmond Centre by Shape & Cadillac Fairview has applied to amend Richmond’s Official Community Plan (OCP) to permit a two-phase, high-rise, high density, mixed retail/residential development at the south end of the CF Richmond Centre shopping centre (6551 No. 3 Road). The purpose of CF Richmond Centre’s OCP Amendment Application is to make changes to the City Centre Area Plan (CCAP) with respect to the alignment of new roads on the shopping centre property, the addition of a central park-like plaza, and various site-specific built form guidelines.
The approved two-phase development CF Richmond Centre by Shape & Cadillac Fairview provides for the following features:
· Demolition of the shopping centre’s existing south parkade and 27,000 m2 (290,000 ft2) of the existing mall including the former Sears building
· Construction of 12 residential towers with a total of 2,200 units comprising of:
· Market condominiums: 1,850 units in which 50% will be 2 & 3 bedrooms and 25% will be basic universal housing units
· Affordable (Low End of Market Rental Housing): 150 units (50% in Phase 1 & 50% in Phase 2) in which 50% will be 2 & 3 bedroom units
· Market Rental Housing: 200 units (100% in Phase 2) in which 40% will be 2 & 3 bedroom units.
· 39,000 m2 (420,000 ft2) of retail space in the form of street fronting shops and
the expansion of the mall towards No. 3 Road
· Two levels of underground parking
· Improved public access to the Canada Line, including sidewalk and street
crossing upgrades along No. 3 Road and a secured public pedestrian route
through the mall’s central galleria (linking No. 3 Road with Minoru Boulevard)
during transit hours
· Two multi-modal mobility hubs (one per phase) offering centralized public
facilities for bike-share, car-share, ride-share, taxis, transit, bikes, and related
· Transportation improvements, including the extension of Park Road, a new street
and multi-use path adjacent to City Hall, and off-street bike paths and greenway
upgrades along No. 3 Road and Minoru Boulevard
· Design, construction, and transfer of ownership to the City of a District Energy
Utility (DEU) low-carbon thermal energy plant(s) and related features
· A new central public plaza
· Public Art
· City utiility upgrades
In the heart of Richmond, SHAPE has joined Cadillac Fairview as the residential development partner on CF Richmond Centre – the transformation of a world class shopping centre into a world class master planned destination. There will be something for everyone; boutique street front shopping districts that complement international brands. Tranquil public open spaces nestled amongst the lively streets and open plazas. And SHAPE will add more than 2,000 new homes within RC at CF Richmond Centre – the residences that will make the master plan complete. Today, Minoru Park, City Hall, SkyTrain’s Canada Line and the existing shopping centre make this area the cultural heart of the city and one of the most significant locations in Metro Vancouver. When complete, CF Richmond Centre will celebrate the character of Richmond among the features that define the world’s best cities.
Richmond is a point of pride in Metro Vancouver. A coastal city with outdoor beauty, diverse communities and a thriving metropolitan scene. One that’s closely linked to Vancouver by the SkyTrain and connected to the world by YVR. Its culture and history give it charm, while its continued growth, restaurants and international influence create an unmistakable energy.
CF RICHMOND CENTRE BY SHAPE & CADILLAC FAIRVIEW MASTER PLAN
· Site Size: 27-acres
· Homes: +2,000
· New Retail Area: 500,000 sf
· South Mall Site Size (existing and new): 2.7M sf
CF RICHMOND CENTRE BY SHAPE & CADILLAC FAIRVIEW RESIDENTIAL DEVELOPMENT
· Entitled for 2M sf of residential density
· Phase 1: +900 homes
· Phase 2: +1,100 homes
The Eight Ways CF Richmond Centre by Shape & Cadillac Fairview Will Create Value For Its Residents:
1. A Visionary Master Plan
A 27-acre mixed-use, master planned community that will bring a walkable and connected living, shopping, dining, and entertainment experience to the centre of Richmond.
2. Transit at your door
With the SkyTrain’s Canada Line directly across the street, CF Richmond Centre is connected to YVR Airport, downtown Vancouver and all of Metro Vancouver.
3. Richmond’s Best Location
The most central and connected part of Richmond with Minoru Park, recreational facilities, cultural attractions and world class retail directly linked.
4. Shop, Dine & Entertain
New open-air street fronts with shops, restaurants and entertainment will be added, transforming CF Richmond Centre from a top calibre shopping centre to a complete shopping destination.
5. Service & Security
Onsite services and security including concierge, valet and landscapers will be paired with the security of investing in a long term, financially stable master plan.
6. Homes & Design
Sophisticated designs, impressive views, expansive terraces and upscale features including A/C and a Gaggenau/Bosch appliance package will come together to create a luxurious living experience.
7. Sky Gardens & Private Amenities
Homeowners will have access to over 150,000 sq. ft. of amenities including entertainment suites, music and multimedia rooms, games and children’s play rooms, multiple lounge areas and serene outdoor Sky Gardens.
8. Verified Value
Cadillac Fairview and SHAPE have teamed up to create a vibrant new city centre with long-term value for homebuyers, retailers and all of Metro Vancouver.
Building Name: CF Richmond Centre
Address: 6551 No. 3 Road, Richmond BC
Developer: SHAPE Properties Corporation & Cadillac Fairview
Architect: GBL Architects
Interior Design: N/A
Year Built: Approximately 2025
Unit Sizes: N/A
Levels: 12 residential mid-rise towers no greater than 14 storeys
Suites: 2,200 units in which 1,850 are market condominiums, 150 are affordable (Low End of Market Rental Housing) & 200 are market rental Housing
Property Type: Residential, retail, commercial & office
Deposit Structure: N/A
Cost/Square Foot: N/A
Monthly Maintenance: N/A
Cost To Purchase Parking: N/A
Cost To Purchase Storage: N/A
Contact Agnieszka Stryjecka for more information on CF Richmond Centre, floor plans & pricing.
email@example.com MLA Realty 778.991.5881
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E.&.O.E. This is not an offering for sale. Such offering may be made by Disclosure Statement only.