Anthem Properties has submitted an application to allow the construction of a 173-unit townhouse development on a 7.91 acre site, known as “Mercer Landing” at 41 and 175 Duncan Street in the Queensborough area of New Westminster.
The site was previously rezoned in 2013 to allow 48 townhouses and 425 apartment units with a total density of 1.50 FSR.
The current proposal includes:
- 173 townhouses including 95 two-bedrooms and 78 four-bedroom units
- 2 parking stalls per unit and 37 visitor stalls
- a total density of 0.72 FSR
- 5,575 square foot site for use as a child care w/ a two storey 2,600 SF building
The site would be remediated and the perimeter dyke would be upgraded to current
standards. The City’s perimeter walkway would be extended and dedicated to the City. The foreshore area will see a demolition of existing structures and, a rehabilitation of the shoreline.
The application requires two amendments to the Official Community Plan to allow residential development in an area currently designated as (ME) Mixed Employment. A change to Parks/Community Facilities is also required to allow the child care in am location currently designated for a residential use.
Anthem acquired the site in November 2016 for $26,800,000, which equates to $108 per buildable based on the current application ($66 per buildable based on the higher density previously approved.
The architect for the project is Ekistics Architecture.