About This Property
Attention Developers/Investors ,DEVELOPMENT SITE! LAND ASSEMBLY Opportunity. For 10-Storey, Mixed-Use Commercial on Ground and Residential on Upper floors, over FSR: 2.5 (Applied to the RE-ZONING with City of Port Moody). LOCATION: Within 400-METERS Radius from EVERGREEN SKYTRAIN MOODY CENTRE STATION. Easy Walking distance to Waterfront, Mass Transit & Schools. Lot Size & Dimension: 8,709 SF (132' x 66'). Land assembly opportunity for the whole block of this property.10 Story mixed commercial & residential use development.Proposed number of storeys :10 storey; Permitted number of storeys:12 storey;Existing Zoning is RS1 ;Proposed zone is C D. With this current inquiry 25 residential units proposed plus one retail strata commercial retail unit. (id:64973)
The $2,499 per square foot price tag is significantly higher than the Port Moody average, but the property's proximity to the Moody Centre SkyTrain station and its potential for a 10-story mixed-use redevelopment make it an attractive option for developers and investors seeking to capitalize on the city's growing transit-oriented development trends. Given the substantial investment required and the need for complex rezoning and redevelopment, this property is best suited for experienced real estate investors and development firms with the resources and expertise to navigate the process and maximize the site's long-term value potential.
Property Details
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