Jingon To Redevelop Richmond Night Market Into 22-Acre Commercial District

  • 📰 storeyspub
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 74%

Business News News

Business Business Latest News,Business Business Headlines

Howard is based in Burnaby and covers real estate, housing policy, and the development industry.

​The proposal for the Richmond Night Market site being made by Jingon International includes retail, office, hotel, and entertainment space.The site of the popular Richmond Night Market is the subject of a new rezoning application that would see the popular attraction redeveloped into a sprawling commercial district. The application was recently considered by Council and will be going to a public hearing next week.

The developers are seeking to rezone the site from IL to ZC54 in order to allow for the density and uses they are proposing, which would have a total density of 4.9 FSR. The new commercial district would consist of three sub-districts: a Waterfront District at the northern end of the site, a Market District at the southern end of the site, and a Central District in between. In terms of construction, the phases largely aligns with the sub-districts. The first phase would be focused on the centre third of the site , the second phase would be focused on the northern third , and the third phase on the southern third ..

The proposal also includes a 1.6-acre "river balcony" overlooking the Fraser River that "offers the public an alternative way to experience the water," according to City staff.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines