The City of Richmond is mapping out land reserved for industrial development over the next 30 years to add to its existing 34 million square feet of industrial space.
Working with AECOM, a global architectural and planning firm, the city has targeted sites on Mitchell Island, the Riverside area and near the Richmond Oval. The Stevenson and Garden City Road neighbourhoods south of Cambie are also on the list, according to Avison Young. The city has already designated industrial reserves in Bridgeport Village, Aberdeen Village and the Van Horne District areas, where it proposes that non-industrial users will be limited to 50 per cent of total floor space.
Under one scenario, industrial use would also be permitted in second-storey locations, perhaps above retail outlets on No. 3 Road, with access to industrial space at the rear of the building. Steveston Village is proposed for a variety of maritime-oriented industrial users.
Richmond Council expects to be voting on the proposal early this year.
from Western Investor, February 2011
