Description

This project is suitable for market condominium or market rental residential development. British Columbia has a shortage of housing. By 2030, there will be 610,000 units above the usual rate of housing construction, in order to bring housing affordability back. The project is ideally situated on Lougheed Hwy, 2 acres in size, and in close proximity to the Ridge Meadows Hospital. Upon a successful rezoning, this project may add approx. 250 units to Maple Ridge. The City of Maple Ridge is in need for more attached type midrise projects. Only 8.6% of homes in Maple Ridge are in 5 storey residential buildings. The project is only 1 km from the Ridge Meadows Hospital, and 1.8 km from the Golden Ears Bridge connecting to Hwy 1. It offers a convenient and a relatively affordable housing location for people working in the area, and a good housing option for those relying on Hwy 1 for work.

Listing Provided By

CBRE Limited

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