Cypress is about to get a charming new village at the base of its mountain. Plans include between 1,800 and 3,800 residential units, restaurants, retail shops, and more.
Moreover, it will serve as a gateway to the mountain with accommodations and amenities for skiers and snowboarders.
The area that will comprise Cypress Village consists of approximately 350 acres of lands below the 1200 ft elevation contour and 440 acres of District and BPP lands above the 1200 ft elevation contour in the OCP-defined variation area. These lands are situated between the Rodgers Creek neighbourhoods (currently under construction) to the east, and the future Cypress West neighbourhoods to the west (to be planned at a future time as a residential community flanking the Village).
In the works for years, the project has seen a great deal of back and forth due to environmental and funding concerns. Led by the British Pacific Properties (BPP), the initiative also includes the construction of a hotel with 90 rooms that would be funded by the BPP.
Further, the ambitious development would “cost between $1.6 million and $3.25 million, according to a consultant’s report. District staff floated the notion of having BPP foot the bill for the process, a concept that elicited ethical qualms from Coun. Nora Gambioli, who said it would constitute a “conflict of interest” to use BPP’s money to expedite BPP’s project,” reports the North Shore News.
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