This offering presents a rare opportunity to acquire a fully assembled 1.28-acre site in the heart of Richmond’s City Centre, positioned within the Aberdeen Village area. The property has achieved 3rd Reading approval and is nearly entitled for a six-story, non-residential mixed-use development featuring industrial, office, and limited commercial components. The design also incorporates a 10-meter-wide linear city park along Hazelbridge Way, aligning with the City Centre Area Plan and OCP designations of “Industrial Reserve – Limited Commercial” and “Mixed Employment.”
The rezoning process has been strategically paused to allow for the inclusion of self-storage as a primary use under the updated rezoning schedule, enhancing the site’s long-term flexibility and income potential. With a full FAR of 1.71 and a maximum building height of 25 meters, this property offers significant development capacity in a high-demand urban market. Located minutes from Vancouver International Airport (YVR), major transportation corridors, and the Canada Line, the site benefits from exceptional connectivity and access to a robust labor pool.
This is an outstanding opportunity for developers and investors seeking to capitalize on Richmond’s strong industrial fundamentals and the growing demand for mixed-use employment space in a transit-oriented setting. For sale brochure and project plans please contact agents directly.