New westminster has come a long way in the past few years and is expected to continue to take large leaps forward as development plans continue. Many pockets of New West have seen immense change, the Queensborough area has added new residential housing, a large outlet mall and not to mention a first class Casino. Uptown has seen a nice influx of new highrise towers and Downtown New Westminster now actually carries some charm to it. Near the Quay we have an ultra urban shopping center and Movie theatre, the town is really growing and changing for the better.
Areas to expect future changes include the downtown area where a soon to be built highrise will shoot up 20 stories in the air. Along front street there has been rezoning and development planned for many years, planning is still in the works as Larco Developers and City Council continue discussions to finalize a plan. The existing plan includes 5 highrise buildings (image seen below) offering waterfront living along the south side of front street. Building permits were given out in 2008 but the Developer’s viability has since been questioned. A new plan is expected to be in place by 2015.
Along with the plans to grow the residential capacity of the city, Bentall Kennedy is planning on developing two office towers on their 38 acre parcel adjacent Braid Street Skytrain station. Rezoning and Development applications are in the works for this new construction which will occupy approximately 30 acres of the land parcel. Office towers and retail space will help support the city in terms of jobs and tax revenue.
Contact me anytime if you have any questions regarding city plans and new development projects in New Westminster or other areas within Greater Vancouver.