Although it is already extremely popular, Richmond Centre is about to get a great deal more enticing.
Cadillac Fairview, the property owners, are joining forces with Shape Living to transform the centre into a mixed-use retail and living space. Along with the property transformation, the developers include plans to create new streets linking No 3 Road with Minoru Boulevard along the property’s southern border.
They also plans to include plenty of green space in the plans, with grassy areas and trees situated between high-rise buildings. Reaching 14 stories in height, 12 new high-rises will form a horseshoe around the bustling centre.
While plans don’t include completely tearing down the existing mall, there will be changes. In particular, they plan to integrate the indoor facility with the public spaces outdoors. In doing so, developers envision a more open-air, contemporary retail space.
Richmond Centre Development
Not only are new structures going up around the centre, but many existing ones will be demolished. For example, the former Sears store, as well as the parkade, will both be taken down. Where the parkade once was, the developers plan to erect a high-rise building. In addition, this space is also being considered for an open-air plaza with event-hosting capabilities.
The project includes two phases, and construction of the first phase will begin in 2019. Once that begins, developers hope to complete the project in three to four years.
Another Richmond mall, Lansdowne Centre, will undergo a similar transformation. Plans include completely tearing down the mall and turning into a mixed-use space over the next 10 years. This will include residential, office and retail districts. The plans include the creation of 24 mid-rise towers, reaching mid-rise heights of no more than 154 ft, with podiums. 22 residential towers of these towers will be allocated for residencies.
Shape Living manages the development of residential real estate within mixed-use, transit oriented communities. They have already made their mark across the Lower Mainland, showcasing their plans in Brentwood and Lougheed.
Plans for Brentwood Town Centre are massive, as well. The property will be 28-acres and also have high-rise luxury homes and an innovation hub with office spaces. “The Amazing Brentwood” mall will feature over 250 retail stores, restaurants, offices and a plaza connected to Brentwood’s SkyTrain Station. As a result, it will be extremely accessible.