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mr.x
Sep 25, 2007, 4:01 AM
PINNACLE PARK PLACE, Richmond

Pinnacle International, Concord Pacific, and Sun Tech City Developments have applied for rezoning and the construction of a 17.2 acre parcel of land bounded by No. 3 Road, Sea Island Way, Sexsmith Road, and Capstan Way. This is a huge proposal, and it includes:

- 16 high-rises up to 14 storeys in height
- 25-space daycare
- 100-units of social housing (five per cent of the total residential component)
- 2,134 residential units
- hotel
- retail and commercial
- $250,000 worth of public art
- live-work units (the idea is that shop owners would live above their ground-floor retail operations - something that reduces reliance on cars)
- parking reductions of 35%, compared to city by-law standards
- developer contributing $15 million to fast-track the construction of the Canada Line's Capstan Station, adjacent to the development. Construction on the station could start after the line is completed, in 2010.
- a transit-oriented development
- sustainability: green roofs and geothermal heating
- a 1.4-acre city-owned park

Concord Pacific owns 1/3rd of the site (http://www.concordpacific.com/gateway) while Pinnacle owns 2/3rds of the site.




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View from No. 3 Road
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View from Sexsmith Road & No. 3 Road
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mr.x
Sep 25, 2007, 4:01 AM
From the Richmond Review:
---------------------
By Martin van den Hemel
Staff Reporter
Mar 31 2007

It may have lost out on the lands surrounding the speed skating oval, but Concord Pacific still plans to make a major residential development splash with its first foray into Richmond.

The developer of Downtown Vancouver’s False Creek is now the majority interest in one-third of the 6.9-hectare (17.1 acre) property immediately east of No. 3 Road and north of Capstan Way. The site sits west of Sexsmith Road and south of Sea Island Way. A previous development was dubbed the Sun Tech Place.

Pinnacle International retains control of the remaining two-thirds of the property.

Peter Webb, vice-president of development for Concord Pacific, told The Richmond Review that groundbreaking for the 16-tower residential community—five towers to be done by Concord, the remainder by Pinnacle, all centered on a future city park—could begin early next year.

Webb said Concord is also “pursuing” an assembly of land near the Capstan site, which comprises about 9.3 hectares (23 acres).

Concord Pacific develops master plans for communities, Webb explained, and typically looks for large areas of land. Along the Sea-to-Sky Highway, it’s working on the 1,400-unit Porteau Cove development and in Kelowna, a residential subdivision.

“When you’re into a community design, you’re incorporating into your design, things such as parks, public walkways, daycares, schools, public amenities of various natures, different architectural forms and types relating to different market groups.”

The types of projects Concord associates itself with “require some longer term commitment to the community in terms of development strategies.”

Affordable housing is incorporated in the current rezoning application, Webb noted.

But no commitments have been made regarding daycares and schools, “but that’s a result of the history of this existing rezoning application,” he said.

Thousands of people will eventually move into the area, Webb said.

“As we move into Richmond as well, we’re looking for large land development assemblies that include an opportunity to apply a master plan approach and bring to it Concord’s expertise in understanding how higher density tower environments are designed,” he said.

“We like the relationship to the Canada Line. We think it represents a good connection between the future of Richmond and its relationship with Vancouver and the dense nature of Concord’s development history.”

City of Richmond spokesperson Ted Townsend said Concord and Pinnacle’s rezoning application is still making its way through the process, but the plan could surface at a planning committee of council in April and could reach a public hearing as soon as May.

Webb sees the developments by Concord and Pinnacle, along with Wall Financial Corporation’s plan to build two 16-storey residential towers and an 11-storey hotel on its Sea Island Way property west of No. 3 Road, as the catalyst for the reshaping of northern No. 3 Road.

Although Webb wouldn’t comment on Concord’s failed bid for the oval lands, he did say Concord is “looking throughout Richmond. We are continually looking at properties in Richmond at this point.”

Concord and Pinnacle are jointly seeking a rezoning of the land, which Webb expects will wrap up in the next six months. Concord purchased its majority ownership in the southern third of the site, along Capstan Way, in May of 2006.

Webb said it will take at least five years to complete the project, with Hazelbridge Way extended and curved eastward before connecting with Sexsmith Road.

Coldrsx
Oct 2, 2007, 12:40 AM
i am very interested to see this develop...just massive for richmond...

giallo
Oct 2, 2007, 6:12 AM
First SEFC, and now this. A wonderful development for Richmond.

Volksboi
Oct 2, 2007, 6:39 AM
All I can say is WOW...Cant wait to see this...

bils
Oct 6, 2007, 9:31 PM
I emailed the Concord rep and they informed me that sales should begin in the spring of 2008. Can't wait to see this take shape.

Here's the entire email:
-----------

Thank you for your interest in the Richmond Gateway Project! Located only 15 minutes from downtown Vancouver, close to the proposed Canada Line and 5 minutes to Vancouver International Airport it the most convenient address in Richmond.

With approximately 1000 stylish homes in the heart of the Richmond Gateway area near No. 3 Road and Capstan Way. This stylish development will include townhomes, midrise condominiums and a high rise condominium tower. The neighborhood will have a dedicated park including a children's playground as well as convenient mixed use centre with shops, offices and community open space for residents enjoyment.

At Concord Pacific Lifestyle and Convenience is key! That's why this vibrant new community will also feature Concord's famous amenities package. A proposed Health club will feature swimming pool, hot tub, steam & sauna, fitness room, theatre and entertainment lounge for the pleasure of all residents.

The projected sales launch is Spring 2008. Your online registration enables you to enjoy the benefits of a VIP Viewing prior to our Public Launch. If you already have an internal contact from Concord or Prompton please let me know.

I hope that in the near future you will enjoy living in an exciting new master planned community by Concord Pacific and look forward to being of assistance to you. If you have any additional questions regarding the Richmond Gateway Project please feel free to contact me directly at your earliest convenience (see coordinates below).

Kindest regards,

mr.x
Dec 14, 2007, 12:15 AM
posted by joulsa:

Richmond, BC PREPARING PLANS
Pinnacle Park Place/Western Centre/Capstan Village, 3200-3360 No 3 Rd, 3131-3411 Sexsmith Rd, 8511 Capstan Way, V6X 1R3
Start: June, 2008 Complete: 2018
Further update in Spring 2008. This development will be phased construction over ~10years.
Project: Proposed comprehensive high-density mixed-use development may include: approx 177,860m2 of residential area (a portion of 4,645 sq m will allocated for affordable subsidized rental housing on two parcels, approx 100+ units); commercial will cover approx 125,114m2; there will also be a portion of live/work units; a transit commercial plaza & public park will cover 1.4 acres at the centre of the development.; low-rise/mid-rise bldgs will be between two-eight stys; high-rise towers will be up to 15-stys.
Scope: 302,974 m²; 15 storeys; 16 structures; 2150 units; 17 acres

vanman
Dec 14, 2007, 1:27 AM
I have a hunch it will take less than 10 years to develop. 5 sounds more reasonable.

SFUVancouver
Dec 14, 2007, 1:52 AM
^ But 10 years manages expectations, especially if the inevitable slowdown is severe.

In the same breath, I think it will be exceptionally high-end projects that feel the pinch first.

androo3
Dec 14, 2007, 8:10 AM
Is it just me or is this right in line with a major runway. hope they have some heafty sound proof windows.

bils
Dec 14, 2007, 6:44 PM
not really.... it's still noisy, but not as bad as a block north & a block south

excel
Dec 15, 2007, 12:03 AM
Great news for Richmond, quite the boom.

officedweller
Jan 5, 2009, 7:47 PM
http://www.bclocalnews.com/richmond_southdelta/richmondreview/news/37026949.html

Richmond Review
Sun Tech City development may be shelved

By Matthew Hoekstra - Richmond Review

Published: January 02, 2009 5:00 PM
Updated: January 02, 2009 6:22 PM

Touted as a “monumental” landmark development, a master-planned community known as Sun Tech City appears to be sinking.

Years after a development plan for the decaying north Richmond neighbourhood collapsed, a group led by Pinnacle International revived the radical dream.

Crews would raze the few buildings and houses left of the area bounded by No. 3 Road, Sea Island Way, Sexsmith Road and Capstan Way, and build an entirely new mixed-use neighbourhood with 16 high-rises, a series of mid-rise buildings with a total of 2,136 homes.

The seven-hectare (17.2-acre) community would be linked to a new Canada Line station at Capstan Way, thanks to the developer’s willingness to ante up $15 million, and include a daycare for 25 children, 100 units of affordable subsidized rental housing, $250,000 worth of public art and live-work units.

Coun. Harold Steves called it “monumental,” and on May 22, 2007, city council gave the project third reading after a public hearing.

The plans were so bankable that city staff included the concept inside the revamped City Centre Area Plan last summer.

Peter Webb, vice-president of development for Concord Pacific, told The Richmond Review groundbreaking could be early 2008. It wasn’t.

Now city planners say the plans will be run through the shredder.

As with all developments, conditions must be met before the city grants fourth and final reading, a stage which allows developers to begin building. In this case, the developers have done little to satisfy the conditions.

In her report, senior planner Suzanne Carter-Huffman notes staff have offered help and flexibility, including relaxing the one-year requirement to meet fourth-reading conditions.

But she noted the developers are no longer prepared to produce the $15 million agreed upon for the Capstan Way station up front. Instead, the group is offering just $500,000—and the rest when half the towers are finished.

“The developers are unwilling to fund the Capstan Station as originally agreed, and have proposed terms that are unacceptable to TransLink and city staff,” she wrote.

In addition, Carter-Huffman says there’s been no response to the childcare and affordable housing requirements and the group has lowered its offering price for needed city land by $1.6 million.

Significantly changing rezoning conditions would make the public hearing invalid.

Pinnacle’s delay has halted projects elsewhere in the area, and letting the application sit on the books could be “a significant hardship” to property owners in the area who are waiting for the green light to develop, Carter-Huffman noted.

Two-thirds of the site is owned by Pinnacle International. The rest is owned by Concord Pacific.

Richmond’s chief administrative officer, George Duncan, pointed to “several issues of fundamental disagreement” between the two.

In a May 29, 2008 letter to Terry Hui of Concord and Michael De Cotiis of Pinnacle, Duncan suggested the pair go to arbitration and hire a single project manager.

Another major hurdle for the project is the current economic downturn.

In a Nov. 27, 2008 letter, Pinnacle development manager Ian Kent said his firm appealed for an extension and a reduction of up-front costs due to “current market conditions.”

City council will consider the report at its Jan. 6 general purposes committee meeting.

Coldrsx
Jan 5, 2009, 7:50 PM
that is too bad, Richmond really needed that one

officedweller
Jan 5, 2009, 7:53 PM
Yeah, it'll probably also impact the pace of development at Bridgeport too, if there's no continuity from the south part of town.

Metro-One
Jan 5, 2009, 7:59 PM
If this development is so important to Richmond then maybe they should pay for the station themselves and be repaid later. It seems like quite a lot to lose (16 highrises)

Coldrsx
Jan 5, 2009, 8:04 PM
^station is the small potatoes part... it is more market conditions and financing along with a dispute between pinn/con

mr.x
Jan 5, 2009, 8:08 PM
Depressing....first Aberdeen, then River Rock, and now this. And all because American banks couldn't control their lending?

Coldrsx
Jan 5, 2009, 8:12 PM
^much more than that... 'perfect storm'

Metro-One
Jan 5, 2009, 8:15 PM
It really is frustrating, Metro-Vancouver is getting the worst of it in Canada for cancelled projects. Yet Toronto has seen almost none cancelled despite the fact it is centered in the worst economy in Canada for the recession.

SpongeG
Jan 5, 2009, 10:51 PM
cause developers know there will always be business in toronto and can ride it out

vancouver and BC is more boom and bust

Coldrsx
Jan 5, 2009, 10:54 PM
^to a certain degree yes, toronto is a much larger market and less of a risk perhaps, but i expect more than a few projects in toronto not going ahead as well, similar to most cities in NA right now.

Metro-One
Jan 5, 2009, 11:01 PM
:previous: Exactly, Chicago is a major business center, but it appears to be having a bad time as well with this recession (many large scale projects have been cancelled, look at the spire for example!) Same with New York, so it doesn't explain Toronto's luck so far.

Coldrsx
Jan 5, 2009, 11:20 PM
Toronto had/has a lot of foreign money (mid-east etc.) that maybe be responsible for projects continuing.

vanlaw
Jan 5, 2009, 11:59 PM
Depressing....first Aberdeen, then River Rock, and now this. And all because American banks couldn't control their lending?

River Rock? Is the hotel expansion on hold now?

mr.x
Jan 6, 2009, 12:23 AM
River Rock? Is the hotel expansion on hold now?

Only the park and ride was built, while the actual hotel expansion will be on hold.

officedweller
Jan 6, 2009, 5:48 AM
so it doesn't explain Toronto's luck so far.


TO got really burned in the late 1980s when the condo market crashed - maybe the developers over there really make sure they have their financing in place before they proceed?

Note that Pinnacle's 4th tower at Pinnacle Centre in TO is on hold. The podium will be built to maybe 2 storeys and then the tower will be a future phase. Pinnacle also has its North Vancouver projects on hold too.

http://www.urbantoronto.ca/showthread.php?t=7929

officedweller
Jan 7, 2009, 9:05 PM
From the Richmond News:

Sun Tech Gets Reprieve
Developers renege on several vital conditions for neighbourhood

Alan Campbell, Richmond News
Published: Wednesday, January 07, 2009

Call it a stay of execution; call it a reprieve.

Whatever you call it, the developers behind one of Richmond's biggest ever housing developments have been given one last chance to get their act together. City council made the surprising decision Tuesday night to go against a staff recommendation to ditch plans for the 16-tower Sun Tech City in north Richmond.

The staff report stated that the joint developers, Pinnacle International and Concord Pacific, had not fulfilled rezoning bylaw conditions previously made 20 months ago, such as putting $15 million up front to build a Canada Line station at Capstan Way.

But after hearing from the developers' representatives, council gave them one last chance to get their heads together and meet the city's strict conditions before a fourth reading can be given to the ambitious plans.

Both parties now have until March 2 to come back to city hall with compliance of the previously agreed conditions - such as the Capstan station funding, affordable housing and a child care facility. Mayor Malcolm Brodie, however, gave the developers short shrift and sent them away Tuesday night in no doubt this was their last kick at the can.

"There's no question that people have been acting in good faith and the consequences for this not going ahead runs deep," Brodie said.

"For me to support (an extension), I want to make it clear that this matter has to be finalized so it can go to the fourth reading.

"I have to be convinced that substantial progress has been made."

Coun. Harold Steves went further, saying he wanted to see all of the city's rezoning conditions met.

"If the Capstan station funding, affordable housing and child care are not met, then I will not be supporting this any longer," he said.

"If we wait (for a future developer) then we can get a better deal.

"I'm not impressed by what has happened, but I will give this one last chance."

Coun. Evelina Halsey-Brandt, chair of the city's planning committee, had said before the meeting that she has seen this project failing from a "long way off." City staff had advised to shelve the Sun Tech City plans because the developers were now only willing to put $500,000 up front towards construction of a Capstan station, as opposed to $15 million originally promised.

If the project goes ahead as planned, the currently vacant area, bound by No. 3 Road, Sea Island Way, Sexsmith Road and Capstan Way, would be transformed into a mixed-use neighbourhood with 16 high-rises, a series of mid-rises and a total of 2,136 homes.

"Something had to give somewhere and basically I don't think the city is willing to budge on this one," Halsey-Brandt said before Tuesday's meeting.

"We gave them rezoning for this on the basis of certain conditions. We simply can't have this size of development there without the Capstan station."

The developers had earlier asked for an extension past the Nov. 28, 2008 deadline for rezoning conditions to be met, citing economic conditions as a reason for not being able to fulfill their end of the deal.

"What's the point of extending it? The economy is not going to turn around that quickly," Halsey-Brandt said.

"It's better to just scrap the whole thing and then, when the time comes again, the same conditions can then be met."

Neither of the developers returned Richmond News' calls by press time. Without the developers chipping in the $15 million for the Capstan station, it's unclear if Richmond will get its fifth city centre Canada Line station.

But that's neither here nor there, Halsey-Brandt said, as the station and the housing development were interdependent.

"Without the development, there's not going to be all these thousands of people living there, so there's no need for a Capstan station," she said.

"Yes, we'll not have the amenities that were planned for there, but we won't have the people there either.

"At least this way we can start afresh when someone can get their act together."

In addition to the station, Richmond stood to benefit from Sun Tech City with 100 affordable housing units, a child-care facility for 25 kids, roads and parks. According to the staff report that went before council Tuesday, the developers said they would pay only $500,000 initially toward the station and the remainder when the larger development was half completed.

"The developers' proposal is NOT acceptable to TransLink," the report said.

Sun Tech City was to be built on 17 acres of land, but the report stated that the developers have not met the city's child-care and affordable-housing stipulations either. Two-thirds of the site is owned by Pinnacle International, while the rest is owned by Concord Pacific.

The City of Richmond's chief administrative officer, George Duncan, highlighted in a letter last May several areas of disagreement between the two developers and also offered to appoint an arbitrator.

© Richmond News 2009

Development Guru
Jan 7, 2009, 10:08 PM
^^^ Thanks for the update!

*fingers crossed that this project goes ahead*

officedweller
Mar 4, 2009, 7:57 PM
From the Richmond News:

Sun to set on Sun Tech City

Alan Campbell
Richmond News

Wednesday, March 04, 2009


Barring a minor miracle -- the doomed 16-tower Sun Tech City development appears to have finally been put out of its misery.

The developers behind the north Richmond project had been warned at the start of the year to comply with a series of strict rezoning conditions, such as paying for the Capstan Canada Line station and affordable housing, or face having the plug pulled.

But, despite yet another desperate plea from the developers for more flexibility, city council's general purposes committee voted unanimously Monday night to follow a staff recommendation to ditch the massive 2,136-home plan.

An updated staff report, placed before the committee Monday, stated that the proponents remained under the impression that the rezoning conditions agreed upon before a public hearing in May 2007 were still subject to negotiation rather than compliance.

It was further pointed out by staff that the developers, made of Pinnacle International, Concord Pacific and Richmond-based Western Construction, claim the commitments made prior to the public hearing are "no longer financially feasible."

Stating his intention to follow the staff recommendation, Mayor Malcolm Brodie told the developers they have until next Monday's full council meeting to save the deal.

"This is a terrible shame, but we made it absolutely clear two months ago what our requirements were," he said.

"I'm not convinced there's been any real effort made in the last two months. The loss of the Capstan Station is terrible for the city. But this will be called upon for the final time next week and that gives people seven times 24 hours. The road is clear now, unless something serious happens in that time."

Before casting his vote, Coun. Harold Steves tore a strip off the developers, questioning their desire to meet rezoning obligations.

"I would suggest we send a message to developers out there that they meet our requirements or go elsewhere," Steves stated. "You're obviously not in favour of meeting your obligations on the station, affordable housing and a child care facility.

"When we brought in our (affordable housing) strategy, some liked it and some didn't. The ones that did, were allowed to develop," Steves said.

The developers, fronted by Peter Webb of Pinnacle, said the recession has forced them to reconsider their ability to adhere to the rezoning conditions.

Webb added, due to the economic climate, it might be several years before another developer steps up with a similar proposal, should council knock theirs back.

Steves told Webb that he has seen recessions come and go and that the last round of developers that received concessions during tough times fooled city council.

"They got the concession then sat on the property and then made fortunes when things turned around," he said.

"But staff are telling us that we'll be better off with our new bylaws when we come out of this recession. What really bugs me is this attack on our affordable housing strategy. Development in Richmond should be on our terms."

Sun Tech City was set for a vacant 17-acre lot, bound by No. 3 Road, Sea Island Way, Sexsmith Road and Capstan Way. As part of the conditions, the developers were originally asked to put up front $15 million for construction of a Canada Line station. The city later agreed to allow the developers to pay $2.5 million up front and the rest when 50 per cent of the development is built. But the developers stated last week they could only offer $1 million in advance.

In addition to the station, Richmond stood to benefit from 100 affordable housing units, a child-care facility for 25 kids, roads and parks.

Should the project fail as expected, the city will have to hand back to the developers approximately $13 million in development cost charges.

Two-thirds of the site is owned by Pinnacle, while the rest is owned by Concord in conjunction with Western.

acampbell@richmond-news.com

© Richmond News 2009

Whalleyboy
Mar 5, 2009, 12:16 AM
the fact that one station isnt be built is probably a good part of the reason why the canada line might open up earlier

LeftCoaster
Mar 5, 2009, 12:23 AM
How so? stations are being built simultaneously.

Also wasn't this a future station anyway?

Whalleyboy
Mar 5, 2009, 12:27 AM
more work would have had to be put towards thus spreading out the work making it take longer

LeftCoaster
Mar 5, 2009, 12:33 AM
but each station has its own construction crew and in some cases general contractor. It would not make a difference.

officedweller
Mar 5, 2009, 12:55 AM
Capstan was a future station - like Lake City - they would have opened up without it.

Whalleyboy
Mar 5, 2009, 1:04 AM
ah okay then i always thought i was suppose to open up with it

Ronnie Yau
Feb 18, 2010, 5:16 AM
Are they gonna start the construction of
this project?

jlousa
Feb 18, 2010, 5:53 AM
The project won't start for a bit, but they have a model of the area in the Concord sales centre if you are interested in seeing the vision of the area.

Vancity
Feb 18, 2010, 9:34 AM
The project won't start for a bit, but they have a model of the area in the Concord sales centre if you are interested in seeing the vision of the area.

Do you know when the project is due to start?

This is near the Capstan and No. 3 road area?

hollywoodnorth
Feb 18, 2010, 12:42 PM
Do you know when the project is due to start?

This is near the Capstan and No. 3 road area?

did you bother to you know............GO TO THE FIRST PAGE AND FIRST POST IN THE THREAD................?????????????????????????????????????

info is there.

worldwide
Feb 18, 2010, 1:47 PM
GO TO THE FIRST PAGE AND FIRST POST IN THE THREAD................?????????????????????????????????????


buddy, loose the caps. a lot has changed since September 2007. give the guy a break

hollywoodnorth
Feb 18, 2010, 2:58 PM
buddy, loose the caps. a lot has changed since September 2007. give the guy a break

the site location changed? wow good to know......maybe we can get a thread title change then?

Zassk
Feb 18, 2010, 5:09 PM
I thought this project was dead. Now jlousa says Concorde is going ahead with it, is this information current? I assume any construction of buildings means the SkyTrain station is going ahead too?

Vancity
Feb 18, 2010, 7:51 PM
did you bother to you know............GO TO THE FIRST PAGE AND FIRST POST IN THE THREAD................?????????????????????????????????????

info is there.

Relax, man.

Vancity
Feb 18, 2010, 7:53 PM
I thought this project was dead. Now jlousa says Concorde is going ahead with it, is this information current? I assume any construction of buildings means the SkyTrain station is going ahead too?

I thought it was dead too. That's why I'm curious as to when they would begin the project, and whether or not that planned C-Line station on Capstan is going ahead too? I really cannot see them building the Capstan station so soon, but it would be a logical place to have it, if indeed the project is going ahead. Hopefully soon. That huge space is a little bit disappointing. It would, I hope, begin a revitalization of that area.

jlousa
Feb 19, 2010, 2:45 AM
Not so sure there will be a new station, but we'll see. I imagine it'll be marketed as having a future station there but if they don't provide the funding to make it actually happen I don't think anyone else will either. The whole project will take years to complete once they decide to start. Not sure when marketing will start but they have a site.

http://www.concordgateway.ca/

red-paladin
Feb 27, 2010, 8:27 PM
I sent an email to Concord Gateway, asking if they are still planning to build capstan station in Richmond. This is their reply:

Hello Rob,

Yes, there will be a skytrain station associated with our Concord Gateway development in Richmond. We are planning 1600 homes on that site (townhomes and mid-rises), along with shops, a park, and a health club.

We plan to have our sales launch in 2011, with occupancy starting in 2013.

Please let me know if I can be of further assistance.

Kind Regards,

Alaina Burnett
Assistant Sales Manager
Concord Pacific Developments Inc.

Vancity
Mar 2, 2010, 8:17 AM
I sent an email to Concord Gateway, asking if they are still planning to build capstan station in Richmond. This is their reply:

Hello Rob,

Yes, there will be a skytrain station associated with our Concord Gateway development in Richmond. We are planning 1600 homes on that site (townhomes and mid-rises), along with shops, a park, and a health club.

We plan to have our sales launch in 2011, with occupancy starting in 2013.

Please let me know if I can be of further assistance.

Kind Regards,

Alaina Burnett
Assistant Sales Manager
Concord Pacific Developments Inc.

Nice :cheers:

Sales launch in 2011, so, when does construction begin? Late 2011?

Millennium2002
Mar 9, 2010, 4:40 PM
maybe they mean occupancy and sales of the first phase... I doubt they can move forward with this project so quickly so as to finish all of the buildings in only three years.

vansky
Mar 9, 2010, 5:05 PM
maybe they mean occupancy and sales of the first phase... I doubt they can move forward with this project so quickly so as to finish all of the buildings in only three years.

man, that's going to take a long time

and it's hard to match vancouver's olympic village and stanley park in terms of attraction

Zassk
Mar 15, 2010, 6:43 AM
Riding at the front of the Canada Line train today, I realized that you can see exactly where the Capstan Way station will be. There is exactly 40 meters of "station-like" rail configuration on the guideway just south of the S-curve leading to Bridgeport station. It is basically at the midpoint of the plot of land where this development will take place.

deasine
Mar 15, 2010, 6:44 AM
Riding at the front of the Canada Line train today, I realized that you can see exactly where the Capstan Way station will be. There is exactly 40 meters of "station-like" rail configuration on the guideway just south of the S-curve leading to Bridgeport station. It is basically at the midpoint of the plot of land where this development will take place.

Yup. You notice that the third power rail changes from the side to the centre of the guideway for 50 metres.

officedweller
Jan 19, 2012, 12:09 AM
From the Richmond Review:

Capstan Way development is back on the rails

By Matthew Hoekstra - Richmond Review
Published: January 17, 2012 4:00 PM
Updated: January 17, 2012 4:28 PM

A largely-vacant City Centre neighbourhood long eyed for redevelopment is now the subject of two rezoning applications proposing to build nearly half the 3,250 homes expected in the area.

Contingent on approval is the developers' willingness to foot the entire bill for a $25-million Canada Line station at Capstan Way.

And the major players—Concord Pacific and Pinnacle International—appear set to ante up to realize a neighbourhood of high-rises from No. 3 Road to Garden City Road, and Capstan Way to Sea Island Way.

Proposals have come and gone for the area, the last failing due to a disagreement between the developers and the city. But the latest plan, the fourth since the late '90s, appears genuine.

Already, Concord Pacific has nearly finished a high-end presentation centre at the corner of No. 3 Road and Capstan Way.

Concord is proposing to build a series of high-rises—stretching as high as 15 storeys—to accommodate 1,245 condominiums over 3.3 hectares (eight acres). Of those, 61 would be low-end market rental housing and 20 would be low-end market rental studio units for artists.

Pinnacle International is seeking approval for a smaller project—200 units anchored by a 14-storey high-rise—as its first phase of a 1,700-home vision.

Concord dubs its project Concord Gateway; Pinnacle has named its Pinnacle Centre. The city calls it Capstan Village—a high-density neighbourhood to be built on old single-family lots where pedestrians are king.

Once the new Canada Line station is built, the city will drop its parking requirements to the lowest level, at one space per home.

This, according to a city staff report, is to "encourage reduced car dependence as per village centres elsewhere along the Canada Line."

But the station won't be built immediately.

Staff say most residents will be within a 10-minute walk to Aberdeen Station, but a "disconnected road network and lack of sidewalks and pedestrian amenities" may turn people off from the hike. So developers will be required to create interim parking plans in the meantime.

Developers of the area's first 3,250 residential units will pay a portion of the station's cost to the city at the time building permits are issued. For their part, developers get a density bonus, which allows more homes than usual to be built on the land.

"Once we reach (that goal), we'll have enough money. We hand it over to Translink and say go build your station, and any subsequent development doesn't have to pay that fee," said Ted Townsend, city spokesperson, noting the housing market will ultimately determine the station's timeline.

City council's planning committee heard details of the two projects at a meeting Tuesday, and more reports are expected. According to city hall's planning department, over 2,000 new homes are already undergoing rezoning review in the area.

The neighbourhood will be one of many in City Centre expected to absorb another 70,000 residents by 2100, according to the city's projections.

These are the first rezoning applications city council is considering for Capstan Village since politicians approved the City Centre Area Plan in 2009, a plan that densifies the landscape in Richmond's downtown.

And city planners like what they see. Senior planner Suzanne Carter-Huffman described Pinnacle's vision in a report Tuesday as "distinctive," boasting "mid-rise streetwall form, varied building heights, pedestrian-oriented streetscapes and publicly accessible open space [that] will complement the establishment of Capstan Village as a high-amenity, transit-oriented, urban community."

Messages to Dennis Au-Yeung, director of 0754999 B.C. Ltd. and Seoul Investments Inc.—companies behind the Concord Gateway development—and Pinnacle International president Mike De Cotiis were not returned by press time.

Capstan Village proposals

•Concord Pacific: 3 hectares (7.6 acres) along Patterson Road, between Sexsmith Road and Garden City Road; series of high-rise apartments; 1,164 market residential units, 61 affordable housing units; 20 artist residences/studios

•Pinnacle International: 0.7 hectares (1.7 acres) at northwest corner of Sexsmith Road and Capstan Way; development to be anchored by a 14-storey high-rise; 187 market residential units, 13 affordable housing units

http://www.richmondreview.com/news/137528793.html

hollywoodnorth
Jan 19, 2012, 3:39 AM
looks like Studio One has a project right in the same area as well ..... parking lot 'infill' at Yaohan Center. Looks like it will actually connect to the mall so this could be a 'expansion' then.

3600 No 3 Rd Richmond

http://www.studioonearchitecture.ca/

officedweller
Jan 19, 2012, 3:45 AM
That's been on their website for a while and I think it's been quiet - but it's interesting in that it brings the building frontages to the street.

Echowinds
Jan 19, 2012, 9:41 AM
http://www.richmond.ca/agendafiles/Open_Planning_1-17-2012.pdf

The relevant material to the Capstan Way development is from page 77-249.

officedweller
Mar 9, 2012, 11:35 AM
Approved:

http://www.richmondreview.com/news/140934143.html

LeftCoaster
Mar 9, 2012, 2:43 PM
Seems like great news, does anyone know if YVR has any say in the matter aside from voicing their displeasure?

Zassk
Mar 9, 2012, 5:58 PM
YVR can only comment on the matter.

The location in question is at the midpoint between the two runway flight paths. City of Richmond's OCP calls for no residences to be built under the flight paths (roughly located at River Rock Casino and at Aberdeen), but the city elected to allow residences in a swath of land between the two flight paths. The proposed Canada Line station was planned deliberately to fall in that zone. Going from memory, I believe the OCP calls for such residences to be built with specific noise insulation and climate control.

GMasterAres
Mar 15, 2012, 8:55 PM
Basically YVR is saying "If you build it we had better not hear of any noise complaints because you're doing so contrary to transport Canada."

Metro-One
Mar 15, 2012, 9:01 PM
:previous:oh trust me, there will be complaints and petitions....if there is a man going to the media right now over the construction noise of Telus, there will be someone (or group) pissing and moaning over the airport noise, especially if there is any increase in air traffic or any other such thing that happens in a growing city...

officedweller
Mar 11, 2013, 9:04 PM
The Pinnacle at Capstan Village -
differs a lot from the renders on page 1 of this thread -
I wonder if the commercial components have been deleted (or if this is just around the back of the site?).
There's no project site plan at the website.

http://www.pinnacleinternational.ca/?page_id=1292

http://www.pinnacleinternational.ca/wp-content/themes/pinnacle/projects/Pinnacle%20Living%20at%20Capstan%20Living:%20Phase%201/images/thumbs/1.jpg
http://www.pinnacleinternational.ca/?page_id=1292

Sands
Jan 29, 2015, 4:37 AM
Whats current status of Concord Garden?

SFUVancouver
Jan 29, 2015, 6:51 AM
Whats current status of Concord Garden?

Short answer, it's coming along. Both Concord and Pinnacle are well on their way through building the first buildings on their respective parts of the overall district.

I took a couple snapshots from SkyTrain way, way back in November, but it's better than nothing. I'll try to take a shot or two next time I'm going by.

http://i.imgur.com/3XFhmAn.jpg

http://i.imgur.com/YxxLQ9J.jpg

officedweller
Jan 29, 2015, 8:28 PM
Thanks!
That last shot looks like it could be on Burnaby Mountain.

Homeowner
Jan 30, 2015, 4:06 AM
Short answer, it's coming along. Both Concord and Pinnacle are well on their way through building the first buildings on their respective parts of the overall district.

I took a couple snapshots from SkyTrain way, way back in November, but it's better than nothing. I'll try to take a shot or two next time I'm going by.

http://i.imgur.com/3XFhmAn.jpg

http://i.imgur.com/YxxLQ9J.jpg

Thanks for the pics. Concord is selling their 2nd building closer to Garden City & Capstan Way. Their first one is sold out. Pinnacle only has a handful of units for the first 2 buildings when I checked out their presentation center during the summer. I imagine the area will get built out over the next 10 years or so as there are plans to install a new skytrain station on Capstan & NO 3 Road.

SFUVancouver
Feb 1, 2015, 4:05 AM
I took a few shots today:

http://i.imgur.com/gGHmFdw.jpg?1

http://i.imgur.com/EppLOFi.jpg?1

http://i.imgur.com/rzAUzpJ.jpg?1

http://i.imgur.com/BlanfQh.jpg?1

Mods, perhaps the name of this thread could be changed to [Richmond] Capstan Station Precinct - Pinnacle Park Place & Concord Pacific Gardens?

whatnext
Feb 1, 2015, 7:23 PM
Richmond's urban planning is a mess. There is no cohesion to the residential they're plopping down willy nilly. Basically there's now a long Kingsway-like stretch of midrises trailing down No. 3 Rd from Bridgeport to Granville. Not walkable, not compact and no focus. What a screw up. :no:

SFUVancouver
Feb 2, 2015, 6:40 PM
I would disagree about the walkability - it's arguably the most urban, walkable area in Richmond - part along Number 3 Road, but it is pretty much a mish mash at this point. There are so many strip malls along Number 3 that it will take decades to replace them with coherent urban development, plus with no laneways, just about all of the site access is via curb cuts and driveways on Number 3. On weekends, when it seems like everyone in Richmond drives to go eat and shop along Number 3, the street is a parking lot. It's the only place in the region where I regularly see surface parking lots at shopping centres and strip malls full (as in Christmas rush full) on a regular basis on weekends.

Vin
Feb 2, 2015, 6:59 PM
On the contrary, I think No. 3 Road is the most walkable street in Richmond. It is even sheltered from the elements by the skytrain guideway, with proper landscaped boulevards to boot. The next step is to redevelop and densify Lansdowne mall.

Zassk
Feb 2, 2015, 9:32 PM
Related article from this weekend, on the planned replacement of Lansdowne mall with a new street grid, high density development, and parkland:

http://www.richmond-news.com/news/big-changes-targeted-for-lansdowne-centre-1.1748043

Homeowner
Feb 3, 2015, 2:40 AM
On the contrary, I think No. 3 Road is the most walkable street in Richmond. It is even sheltered from the elements by the skytrain guideway, with proper landscaped boulevards to boot. The next step is to redevelop and densify Lansdowne mall.

I agree in terms of walkability. There are many developers that see huge potential along the No 3 road similar the Cambie St in Vancouver because it's got skytrain going along it. There have been many older buildings being bought for potential development.

The PETCETERA building across from Superstore sold for I think around $25million? Future development. There's ads popping up for new condo called 'ELLE' on Lansdowne & no. 3 road.

Lots of condos being built along the Richmond Center area as well.

Homeowner
Feb 3, 2015, 2:41 AM
I took a few shots today:

http://i.imgur.com/gGHmFdw.jpg?1


Mods, perhaps the name of this thread could be changed to [Richmond] Capstan Station Precinct - Pinnacle Park Place & Concord Pacific Gardens?

The Rainflower (?) Restaurant beside Canadian Tire is owned by another developer so we may see a future development there as well.

libtard
Feb 3, 2015, 3:39 AM
Richmond's urban planning is a mess. There is no cohesion to the residential they're plopping down willy nilly. Basically there's now a long Kingsway-like stretch of midrises trailing down No. 3 Rd from Bridgeport to Granville. Not walkable, not compact and no focus. What a screw up. :no:

Ew :yuck: please don't compare Kingsway to any road in Richmond.

Richmond's core is more walkable than any downtown in the region OTHER than Vancouver. And that includes New West and Burnaby.

officedweller
Feb 4, 2015, 11:17 PM
The Rainflower (?) Restaurant beside Canadian Tire is owned by another developer so we may see a future development there as well.

Studio One Architecture has had a preliminary rendering of a project for that site for a couple years.

Click "Current Projects" then "Next" page, and click "3600 No. 3 Road."

http://www.studioonearchitecture.ca/

whatnext
Feb 5, 2015, 9:09 PM
I would disagree about the walkability - it's arguably the most urban, walkable area in Richmond - part along Number 3 Road, but it is pretty much a mish mash at this point. There are so many strip malls along Number 3 that it will take decades to replace them with coherent urban development, plus with no laneways, just about all of the site access is via curb cuts and driveways on Number 3. On weekends, when it seems like everyone in Richmond drives to go eat and shop along Number 3, the street is a parking lot. It's the only place in the region where I regularly see surface parking lots at shopping centres and strip malls full (as in Christmas rush full) on a regular basis on weekends.

You're ignoring the fact that the residential sprawls for a couple kilometres along an arterial. Not walkable. They should have set Alderbridge as the nothern boundary for residential highrise and created a truly compact downtown. Then they could have made No 3 Rd between Alderbridge and Bridgeport light industrial, instead of barfing out business parks in east Richmond that are really only accessible by car.

If anyone wants to see future ghettos, check out the townhouse sprawl east of Garden City. Truly dreary neighbourhoods with no focal point.

SFUVancouver
Feb 6, 2015, 12:13 AM
You're ignoring the fact that the residential sprawls for a couple kilometres along an arterial. Not walkable. They should have set Alderbridge as the nothern boundary for residential highrise and created a truly compact downtown. Then they could have made No 3 Rd between Alderbridge and Bridgeport light industrial, instead of barfing out business parks in east Richmond that are really only accessible by car.

If anyone wants to see future ghettos, check out the townhouse sprawl east of Garden City. Truly dreary neighbourhoods with no focal point.

I don't think that I'm ignoring the distance, I've just come to a different conclusion. From Sea Island Way (Wall Centre Richmond, Yuanheng's big No. 3 Road & Capstan Way (http://yuanhengcanada.com/no-3-capstan-way/) mixed use development, and MYIE's large International Trade Centre at Versante (http://itcrichmond.com/)) to Granville Avenue is 3.4km, approximately the same as Cambie Street from Broadway to 41st Avenue. That's quite a hike by anyone's measure. However, much like Cambie Street, there are public transit options: 3 current Canada Line stations (with a fourth, Capstan Way, planned) and a local bus (the 403) for the whole length, plus the frequent 410 from Cambie Rd south to Granville. There's no need to walk from end to end.

As for the business parks, the businesses that got into those are highly unlikely to go into a CBD-like environment. Many are actually in 'flex' units that combine office with warehouse/loading dock/workshop space. With that said, I hope that office is a significant component of the larger mixed-use projects, though we all know that Concord and Pinnacle are allergic to that use, so the likelihood of that being in the vicinity of Capstan Way station will be low.

As for the 'future ghetto' townhouse neighbourhood east of Garden City, I doubt it will become that. The absence of a focal point is precisely what is attractive to a lot of home buyers, regardless of city. With that said, the City of Richmond will be transforming the Garden City Lands into a major city park, which strikes me as a focal point.

Sands
Feb 7, 2015, 4:06 PM
Nice pics sfuvan.

libtard
Feb 8, 2015, 12:02 AM
You're ignoring the fact that the residential sprawls for a couple kilometres along an arterial. Not walkable. They should have set Alderbridge as the nothern boundary for residential highrise and created a truly compact downtown. Then they could have made No 3 Rd between Alderbridge and Bridgeport light industrial, instead of barfing out business parks in east Richmond that are really only accessible by car.

If anyone wants to see future ghettos, check out the townhouse sprawl east of Garden City. Truly dreary neighbourhoods with no focal point.

Setting Alderbridge as a boundary is completely short sighted. You're obviously ignorant of Richmond's master plan for 3 road. It's going to be an incredibly long stretch of dense towers with commercial retail at the bottom. 10 years and Richmond will probably have the most walkable, density conscious downtown in BC.

As for future ghettos. How is that possible when half of the cars parked in front of those townhomes are bmers and Mercedes lol.

SFUVancouver
Feb 8, 2015, 9:46 AM
Nice pics sfuvan.

Thank you.

I'll try to stay more on top of projects in my neck of the woods.

whatnext
Feb 8, 2015, 6:26 PM
Setting Alderbridge as a boundary is completely short sighted. You're obviously ignorant of Richmond's master plan for 3 road. It's going to be an incredibly long stretch of dense towers with commercial retail at the bottom. 10 years and Richmond will probably have the most walkable, density conscious downtown in BC.

As for future ghettos. How is that possible when half of the cars parked in front of those townhomes are bmers and Mercedes lol.

I'd have thought setting the flight path as the northern boundary was eminently sensible but apparently you and Richmond Council disagree. Bring your earplugs. It will not be the most walkable anything when it stretches in a ribbon along a strip mall arterial.

As to Bimmers, well funny how Richmond has such low reported incomes if everyone's got one in front of their townhouse. These dense townhouse tracts have absolutely nothing to recommend them in terms of architecture, setting or amenities. Perfect for ghetto creation.

Vin
Feb 8, 2015, 7:17 PM
I'd have thought setting the flight path as the northern boundary was eminently sensible but apparently you and Richmond Council disagree. Bring your earplugs. It will not be the most walkable anything when it stretches in a ribbon along a strip mall arterial.

As to Bimmers, well funny how Richmond has such low reported incomes if everyone's got one in front of their townhouse. These dense townhouse tracts have absolutely nothing to recommend them in terms of architecture, setting or amenities. Perfect for ghetto creation.

For an anti-highrise person like yourself, do you think Cambie street, Broadway and Main streets are more walkable than No.3 Road? Aren't they all a commercial 'ribbon strip'? Why does No.3 Road irk you so much?

And come on, it has been a couple of decades since that Garden City neighbourhood was created and yet the townhomes there are still not rundown or 'ghetto', and that the streets and surroundings are still free from litter or graffiti. Please set your focus on real ghettos around Vancouver or Surrey, you know, like East Hastings, Whalley, certain parts of rundown east van, etc. Nowhere in Richmond is really ghetto, although certain areas could be just boring ethnic residential enclaves, but hardly 'ghetto'. However, other cities have tons of those too. So what do you consider as 'ghetto'. A neighbourhood primarily resided by a certain minority ethnic group, especially one which has more disposable cash than you? :haha:

SFUVancouver
Feb 15, 2015, 11:36 PM
http://i.imgur.com/Z0snDFh.jpg?1
My photo, taken February 14, 2015.

http://i.imgur.com/uFWuvWk.jpg?1
My photo, taken February 14, 2015.

http://i.imgur.com/nCFTzdm.jpg?1
My photo, taken February 14, 2015.

http://i.imgur.com/mGrb2ke.jpg?1
My photo, taken February 14, 2015.

http://i.imgur.com/PQfBQS7.jpg?2
My photo, taken February 14, 2015.

Sands
Feb 22, 2015, 4:16 PM
Another great update Sfu. Thanks.

Klazu
Feb 22, 2015, 6:10 PM
That's one very strange-looking crane in the last photo. Never seen one like it.

Sands
Apr 1, 2015, 3:02 PM
time for another update

Sands
Jul 8, 2015, 10:11 PM
how's the construction going?

Sin_City
Jul 10, 2015, 5:00 PM
MYIE's large International Trade Centre at Versante (http://itcrichmond.com/))

That is an amazing project to revitalize the north end of Richmond. Do you know when they are breaking ground?

Capstan Village. Taken by me on July 7 2015:

Concord Garden (view from Pinnacle's sales office)
http://i181.photobucket.com/albums/x23/sincity_vegas/IMG_1577.jpg (http://s181.photobucket.com/user/sincity_vegas/media/IMG_1577.jpg.html)

Pinnacle Sorrento (taken from Pinncale's sales office)
http://i181.photobucket.com/albums/x23/sincity_vegas/IMG_1574.jpg (http://s181.photobucket.com/user/sincity_vegas/media/IMG_1574.jpg.html)

Pinnacle Sorrento (aka Living) taken on Capstan. West and east structure.
http://i181.photobucket.com/albums/x23/sincity_vegas/IMG_1632.jpg (http://s181.photobucket.com/user/sincity_vegas/media/IMG_1632.jpg.html)

officedweller
Feb 5, 2016, 7:54 AM
Concord Gardens from GBL Twitter Jan 28, 2016:

https://pbs.twimg.com/media/CZ1OppvUUAIbsdf.jpg
https://twitter.com/GBLArchitects

https://pbs.twimg.com/media/CZ1Op-TUUAAH_TD.jpg
https://twitter.com/GBLArchitects

https://pbs.twimg.com/media/CZ1OpTuUEAAFIp0.jpg
https://twitter.com/GBLArchitects

https://pbs.twimg.com/media/CZ1Opp_UkAABFaH.jpg
https://twitter.com/GBLArchitects

officedweller
Feb 23, 2016, 11:45 PM
Concord Gardens Phase 2 from GBL Twitter Feb 23rd:

https://pbs.twimg.com/media/Cb6beXGUAAAOEHi.jpg
https://twitter.com/GBLArchitects

SFUVancouver
Feb 24, 2016, 12:15 AM
I love how the colour pallet of modern construction, with wood forms, random lumber, and oxidized rebar, doesn't look all that dissimilar to how construction must have looked with primarily brick buildings, timber and stone buildings, and mud-brick construction before that. It's a reassuringly consistent part of human society.

Sin_City
Feb 24, 2016, 12:54 AM
Office Dweller: You work for one of the GCs or Concord?

officedweller
Feb 24, 2016, 1:13 AM
Nope

trofirhen
Feb 24, 2016, 1:23 AM
This neighbourhood better have good earthquake resistant design. A big quake could liquefy the delta soil. Much of Richmond is a "high risk" for that, as is well-known but worth repeating:)

Sheba
Feb 24, 2016, 2:04 AM
Richmond isn't that bad off
http://www.richmond.ca/safety/prepare/city/hazards/earthquakes.htm

Sin_City
Feb 24, 2016, 3:39 AM
Office Dweller: You work for one of the GCs or Concord?

How did you get those shots?

Sheba
Feb 24, 2016, 4:56 AM
How did you get those shots?

They're on the Twitter feed he linked to. I just looked and they post a lot of pics there.

officedweller
Mar 1, 2016, 12:34 AM
Posted today on GBL twitter:

Concord Gardens Phase 1

https://pbs.twimg.com/media/CcaJHphUMAA3U_e.jpg
https://twitter.com/GBLArchitects

Sin_City
Mar 5, 2016, 12:28 AM
Pinnacle Phase One is now going through final inspection.

VarBreStr18
Mar 6, 2016, 4:19 AM
This neighbourhood better have good earthquake resistant design. A big quake could liquefy the delta soil. Much of Richmond is a "high risk" for that, as is well-known but worth repeating:)
This is one of the reasons why I never quite warm up to this area. One engineeer friend of mine said Richmond has spongy ground which is part of the reason there is never skyscraper height buildings in Richmond. not to mention the airplane noise, and flight path consideration. Other than No 3 road there is not a lot of coordinated walkable neighbourhoods. I have to admit restaurants are great in Richmond. Some are world class +++