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Receive more information about Delta Shoppers Mall - Redevelopment
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Delta Shoppers Mall - Redevelopment MLS® Listings
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Building Info
Delta Shoppers Mall (Redevelopment) at 8037-8087 120 Street, Delta. (Arcadis/Value Property Group). The City of Delta has approved its single largest high-density, mixed-use project along its side of the 120 Street corridor, effectively providing a new nodal anchor for the emerging North Delta City Centre.
There will be a total of 876 homes, including 643 market-ownership condominiums, 150 market-rate seniors homes, and 83 secured purpose-built rental homes a rental mix of 66 market rental units and 17 below-market rental units.
The 17 below-market rental units on an entire building floor would be gifted to the municipal government and potentially operated by Metro Vancouver Regional Districts Housing department, which could also possibly acquire the entire six-story rental housing building.
The unit size mix across all residential uses is two studios, 151 one-bedroom units, 317 one-bedroom units with a den, 263 two-bedroom units, 135 three-bedroom units, and eight townhouse units. Residents will have access to a wide range of shared amenities, including 21,000 sq ft of indoor amenity space and over 85,000 sq ft of outdoor amenity space, such as outdoor swimming pools and lounges on the base podium rooftops.
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Delta Shoppers Mall - Redevelopment Technical Info
Vancouver considers more gambling at city's two casinos
The B.C. Lottery Corporation wants Vancouver to lift or amend its 13-year-old moratorium on the expansion of gambling in the city.
According to the city’s general manager of arts, culture and community services, Margaret Wittgens, there has been recent interest from the BCLC to expand gambling at the city’s two casinos — Parq and Hastings Racecourse.
“BCLC is seeking to expand gambling opportunities at the Parq and Hastings Racecourse casinos by potentially increasing the number of slot machines and table games,” Wittgens wrote in a report going to council’s committee on policy and strategic priorities on May 8.
The RE/MAX® brand delivers notable advantages – for agents with a RE/MAX brokerage
As the 2024 RE/MAX vs. The Industry report shows, RE/MAX agents are the most productive, meaning they close more transaction sides than other real estate agents, on average. In fact, RE/MAX agents closed an average of 11.8 transaction sides throughout 2023, nearly double that of the competition
But productivity isn’t the only place RE/MAX shines. The annual report, which ranks the results of national, full-service brokerage brands in the U.S., also highlights that the balloon-backed brand dominated in unaided brand awareness at 36.4%.
The clock is now ticking on hefty fines for those who don’t fall in line reguarding short-term rentals
The province’s short-term-rental compliance enforcement unit officially swings into action Wednesday, as B.C.’s new rules banning most short-term rentals come into effect.
The new rules passed in the fall — part of a multi-pronged approach to create more homes to rent or buy amid a national housing crisis — are aimed at converting thousands of short-term rentals into long-term rental housing for people who work and live in the province.
Despite pressure from vacation-rental owners, Premier David Eby and Housing Minister Ravi Kahlon have not backed down from the controversial initiative to “rein in profit-driven mini-hotel operators” and return homes to people who need them.
The proverbial 'Bank of Mom and Dad' is strongest in B.C. and appears to be buoyed by foreign-derived income
British Columbia leads all Canadian provinces and territories in co-ownership arrangements for residential properties between parents and their young adult children, according to a new report from Statistics Canada.
The report found 20.3 per cent of the B.C. residents born after 1989 (adult children) who own a property had a co-ownership arrangement with their parents, as compared to 17.3 per cent for all of Canada.
Furthermore, parents who are immigrants co-own properties more frequently with their adult children than Canadian-born parents; in Vancouver, 76.9 per cent of parents who co-owned properties were immigrants.
Canadian mortgage payments went from virtually nothing to very high
Canadian mortgage payments went from virtually nothing to the highest level in well over a decade, inflicting pain on mortgage borrowers. However, the value of homes also surged. In fact, from the rate cuts that sent home prices surging in March 2020 to the end of 2023, the growth rate of home prices outpaced the increase in the average mortgage payment on file at Equifax. This was true in most of Canada’s largest cities, especially in Eastern Canada where the average household’s payment significantly lagged home price growth.
Canadian Home Values Climbed Faster Than Mortgage Payments
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