COSTCO Business Center Metro Vancouver

[jollyburger]

Isn't it kind of small for a Costco?

[djmk]

Originally Posted by hollywoodnorth

Costco at 6605 Chilliwack River Road speculation?

https://www.reddit.com/r/chilliwack/...d_speculation/

I really don't think First nations can bypass the ALR by adding purchased land.

[chowhou]

Originally Posted by djmk

I really don't think First nations can bypass the ALR by adding purchased land.

They can always attempt it, and they have every incentive to try to do so. There's also the addition to reserve process that they could try to use too. Don't forget that the Tsawwassen Treaty took land out of the ALR (though I don't believe they've actually touched the formerly ALR land... yet.)

[jollyburger]

Originally Posted by chowhou

They can always attempt it, and they have every incentive to try to do so. There's also the addition to reserve process that they could try to use too. Don't forget that the Tsawwassen Treaty took land out of the ALR (though I don't believe they've actually touched the formerly ALR land... yet.)

Sounds like they aren't touching it from a development POV

The 11 parcels are owned by TFN and are currently under the jurisdiction of the City of Delta and within the Agriculture Land Reserve (ALR). While the jurisdiction of the parcels will change to TFN after the incorporation, the lands will remain in the ALR. Agriculture is culturally linked to TFN, as is the importance of access to local foods.

Tsawwassen First Nation is working with the lessees of the parcels and looks forward to establishing long term relationships, rooted in shared values around food security and sustainability. Discussions are underway to ensure servicing is unhindered and unchanged by the transition by working closely with the City of Delta. Following the incorporation of the parcels to Tsawwassen Lands, TFN will assume jurisdiction, including property taxation, laws, and regulations.

https://tsawwassenfirstnation.com/re...-jurisdiction/

[kja384]

The Top 10 Metro Vancouver Development Land Deals In 2024


https://storeys.com/metro-vancouver-...sactions-2024/

2. 1891 164th Street, Surrey
Price: $90 million
Site Area: 33 acres
Seller: Private
Purchaser: Costco
Costco completed the acquisition of this sizeable site in the Grandview area of Surrey, located near the intersection of Highway 99 and 16 Avenue, this year.

Preliminary plans for the site include a new 165,000 sq. ft store as well as a gas station and 989 surface parking stalls. The rezoning application process is ongoing.

[rickvug]

I just heard an unsubstantiated rumour of a new Costco location at Queensborough Landing where Lowes used to be. This was posted by someone as an offhand comment on the following unrelated local Reddit thread: https://www.reddit.com/r/NewWest/com...chool_trustees. Does anyone have anything more concrete to confirm or deny? All I know is that city council was asked to change the zoning of a parcel of land directly beside this property, presumably so that the zoning could be consistent with Lowes.

[jollyburger]

Beedie bought it last year so maybe some industrial usage?

https://storeys.com/metro-vancouver-...sactions-2024/

Anthem/Beedie did some warehouse project in the same area. https://anthemproperties.com/property/queensborough/

[Lexus]

Originally Posted by rickvug

I just heard an unsubstantiated rumour of a new Costco location at Queensborough Landing where Lowes used to be. This was posted by someone as an offhand comment on the following unrelated local Reddit thread: https://www.reddit.com/r/NewWest/com...chool_trustees. Does anyone have anything more concrete to confirm or deny? All I know is that city council was asked to change the zoning of a parcel of land directly beside this property, presumably so that the zoning could be consistent with Lowes.

I heard from New West Staff that it is at 351 Gifford St.

[mcj]

Originally Posted by Lexus

I heard from New West Staff that it is at 351 Gifford St.

That seems odd that the recycling plant at that location would be shut down, demolished and rebuilt as a big box store, when there is an empty big box store location sitting right beside it?

Not to mention, this is a fun one to see if Fontaine and Minhas have the same complaints about increased traffic like they do for every tower that gets proposed in DT New West.

[WarrenC12]

Presumably a location there would take the pressure off the Willingdon location.

[mcj]

Originally Posted by WarrenC12

Presumably a location there would take the pressure off the Willingdon location.

People in this area typically go to the other Burnaby location, or sometimes Surrey/Richmond if they're on the Queensborough side. They'd need another Vancouver location to take pressure off Willingdon, somewhere like Oakridge or along GNW in a tower development like the downtown Costco.

[Lexus]

Originally Posted by mcj

That seems odd that the recycling plant at that location would be shut down, demolished and rebuilt as a big box store, when there is an empty big box store location sitting right beside it?

Not to mention, this is a fun one to see if Fontaine and Minhas have the same complaints about increased traffic like they do for every tower that gets proposed in DT New West.

My sources call for Costco Business Centre. And reference DP001123, received by New West on Jan 14, 2025. Project number PRJ-011793. That's all I have for now.
Regarding location - got clarification - it is old Lowes site. 1085 TANAKA CRT
It seems large enough to fit gas station!

[teriyaki]

Originally Posted by Lexus

My sources call for Costco Business Centre. And reference DP001123, received by New West on Jan 14, 2025. Project number PRJ-011793. That's all I have for now.
Regarding location - got clarification - it is old Lowes site. 1085 TANAKA CRT
It seems large enough to fit gas station!

Any chance they'll be re-building the entire site with parking on the ground level and the Costco up-top? The current parking footprint of the site will struggle massively if theres no added parking...

[Lexus]

Originally Posted by teriyaki

Any chance they'll be re-building the entire site with parking on the ground level and the Costco up-top? The current parking footprint of the site will struggle massively if theres no added parking...

That would be nice. I hope they learned something.
I can’t wait for two new locations to open and hopefully customers will disperse among additional locations, and the shopping experience will become somewhat pleasant.

[NewfBC]

Originally Posted by Lexus

My sources call for Costco Business Centre. And reference DP001123, received by New West on Jan 14, 2025. Project number PRJ-011793. That's all I have for now.
Regarding location - got clarification - it is old Lowes site. 1085 TANAKA CRT
It seems large enough to fit gas station!

Costco Business Centre locations don't typically have gas stations.

Also they're typically open until 6pm daily.

Ron.

[jollyburger]

FWIW that triangular piece of land to the south of the old Lowe's just went to council for rezoning back to industrial land.

The application proposes to amend the land use designation from Queensborough Comprehensive
Development District (1084 Tanaka Court) (CD-82) to Light Industrial Districts (M-1). The applicant’s proposal is
to amend the land use designation and zoning to industrial uses so that the site can be sold to and developed
by an industrial development proponent.
1084 Tanaka Court is 1.184 acres of raw, vacant land in New Westminster's Queensborough Landing
neighborhood. This land has been preloaded. It is located on the southside of Tanaka Court, across from the
previous Lowes building supplies centre. The 12 acre Lows property is zoned M-1 Light Industrial, and it has
just been sold.
The south side of our property runs parallel to Boyd Street. To the west of the site is 315 Gifford street, a .476
acre vacant property zoned M-2 Heavy Industrial. On the north west corner of Gifford street is an approximately
half acre site owned by the City of New Westminster.
The subject site is located adjacent to a Southern Rail line that runs along the southern boundary of the site
between the subject property and Boyd Street. We have been in discussions with Southern Rail who have
indicated that they do not have any major concerns with the proposal since there are no new crossings being
proposed.
Our proposal is to return 1084 Tanaka Court back to Light Industrial designation M-1. It comes primarily from a
need to address the critical shortage of industrial land supply in Metro Vancouver. The current zoning of
Queensborough Comprehensive Development District (CD-82) has not garnered any interest in the real estate
market as the area has a glut of commercial vacancies.

https://www.beheardnewwest.ca/1084-tanaka

It was recently on the market as well (2023/2024)

https://images1.showcase.com/d2/6UEI...Q/document.pdf

With the aid of a PowerPoint presentation, Amanda Mackaay, Planner,
presented on the proposed project for 1084 Tanaka Court.
Chuck Puchmayr, Civic Visions, representing the Applicant, accompanied by
Bhupinder Dhillon, Owner, presented to the Commission that:
 the land is located adjacent to a Southern Rail railway and have been in
discussion with Southern Rail who have indicated they have no problem
with the proposal;
 there is a need to address a critical shortage of industrial land in metro
Vancouver;
 current zoning has garnered no interest in the real estate market;
 due to the post-COVID economy, the previous 2018 banquet hall and
commercial development zoning is no longer economically viable; a
rezoning would be more beneficial to the community financially, partially
due to proximity to Deltaport and the U.S. border crossing;
 there is currently a purchase offer from an anonymous buyer, and the
property owners have received a deposit with a contingency for the
rezoning; and

https://www.newwestcity.ca/database/...Tanaka_Crt.pdf

I assume Beedie will buy it.

[hollywoodnorth]

Originally Posted by teriyaki

Any chance they'll be re-building the entire site with parking on the ground level and the Costco up-top? The current parking footprint of the site will struggle massively if theres no added parking...

Business Center's dont need as much parking as Regular Stores.

that saif this is very interesting news ..... I always thought that location would be a slam dunk for a Business Center and sure enough it will be! I figure them (beedie) buying that extra lot will be for parking and they will expand the current store foot print.

[jollyburger]

Originally Posted by hollywoodnorth

Business Center's dont need as much parking as Regular Stores.

that saif this is very interesting news ..... I always thought that location would be a slam dunk for a Business Center and sure enough it will be! I figure them (beedie) buying that extra lot will be for parking and they will expand the current store foot print.

But the applicant said it was an industrial developer would that fit with Costco? And I thought Costco was only interested in owning all the property for their warehouses?

We currently have a purchase offer for this property. The potential buyer wishes to remain anonymous at this time. We have received a non refundable deposit for 1084 Tanaka court, which is subject to rezoning to M1-light industrial. A further significant deposit is due on January 2nd. The land use on this property will be clearly permissible within the M1-light industrial zone.

https://www.newwestcity.ca/database/...Tanaka_Crt.pdf

[hollywoodnorth]

Originally Posted by jollyburger

But the applicant said it was an industrial developer would that fit with Costco? And I thought Costco was only interested in owning all the property for their warehouses?



https://www.newwestcity.ca/database/...Tanaka_Crt.pdf

for example the East Burnaby Costco is >>

405. LIGHT INDUSTRIAL DISTRICT (M5)

as per >> https://gis.burnaby.ca/burnabymap/index.html#

[jollyburger]

I guess we'll see if that development permit shows up that Lexus mentioned but with Beedie buying it I'm still betting on general warehouse space.