Contacts

Carey Buntain

Avison Young

Michael Buchan

Avison Young - Vancouver

Chris Wieser

Avison Young

Kevin Murray

Avison Young - Vancouver

Megan Low

Avison Young

Property Details

Property Type Other
Property Size 47 SF
Date Updated May 14, 2026

Avison Young is pleased to present an opportunity by receivership to acquire a 49,729 sf development site improved with an existing three‑storey, 61‑unit strata apartment building. The Property has received third reading approval for a landmark two‑tower redevelopment located in the heart of New Westminster’s dynamic downtown core.

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Highlights

APPROVED ENTITLEMENT STATUS: Approved Third Reading, awaiting Council Consideration for Adoption
CONNECTED: Steps from Downtown New Westminster, Columbia SkyTrain Station, and the new Pattullo (stalw asm) Bridge
HIGH DENSITY: Approved at 10.55 FSR
LARGE SITE: Significant scale of 49,729 sf with 500,223 sf GFA across five street frontages
MODERN RESIDENCES: 633 homes across two towers, featuring 414,160 sf of net saleable/ rentable area with 83% efficiency
PARKING: 369 residential stalls, 32 visitor stalls, 1,273 long-term + 12 short term bike parking spaces
TOA SITE: Tier 3 of the Columbia Station TOA
URBAN COMMUNITY: Mixed-tenure, mixed- income two-tower project
VERTICLE SCALE: Tower A: 35 storeys of rental opportunity & Tower B: 30 storeys of condo ownership