Vancouver-based Platform Properties plans to build an 110,000-square-foot shopping centre along Highway 16 West in Prince George. Platform is already building a retail centre at Williams Lake, as well as expanding an existing mall in that Cariboo city.
Platform Properties principle developer Kyle Shury said the Prince George permit applications for site construction should be in to City Hall within the next two to three months for the site between the new Sandman Hotel and Riverpoint shopping centre.
"The intent is to work within the existing zoning and have a fairly sizable development overall," said Shury. "We are just working through our tenant roster right now.
"With what we're seeing in your local economy we feel the timing is right to go into Prince George," said Shury. "We tested some tenant interest level and determined there was significant interest so we could then proceed with the project."
According to City of Prince George manager of real estate and development, Ian Wells, this is a welcome announcement for a long vacant area prominent on the western highway.
"It was part of the original parcel owned by the city all along that strip of the highway but sold to Anthem Properties," in 2004, said Wells. "Anthem then subdivided those into three parcels. One they sold to Rona, one to the Sandman developer and they kept one for themselves where The Brick development is. Then Rona sold theirs again to Platform. The original plan was to see it developed for commercial purposes, it is zoned for commercial/retail."
In addition to their Williams Lake and Prince George projects, Platform Properties has involvement in such developments as St. Edwards Crossing in Richmond, the Ikea location and Lougheed Super Centre (both in Coquitlam), Queensborough Landing in New Westminister, and the Lumberman's Building in downtown Vancouver.
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