I was out in PoMo on the weekend and was surprised to see the "Woodland Park" redevelopment underway. demo is underway on multiple blocks of lowrises. my pics below.
https://dailyhive.com/vancouver/woodland-park-port-moody-edgar-development-approved
The 24-acre Woodland Park redevelopment has been given the full green light to proceed, following Port Moody City Council’s approval of the fourth and final reading on Tuesday evening.
This approval provides the necessary bylaw amendments to the city’s Official Community Plan (OCP) and the rezoning required, which will allow the property to transition from its 1960s-era low-rise structures with 200 townhouses to building heights between six storeys and 19 storeys.
The L-shaped site at 1142 Cecile Drive and 300 Angela Drive is located in the general vicinity west of the intersection of Barnet Highway and Clark Road, and just east of the Suncor Energy facility.
To achieve the $1.1-billion construction cost of the overall project and the affordable housing component, Edgar Development is partnering with Woodbourne Capital and BC Housing.
Site of Woodland Park redevelopment at 1142 Cecile Drive and 300 Angela Drive, Port Moody. (Acton Ostry Archtects/Edgar Development)
2021 concept for the Woodland Park redevelopment at 1142 Cecile Drive and 300 Angela Drive, Port Moody. (Acton Ostry Archtects/Edgar Development)
There will be roughly 2,050 homes, including 1,590 condominium units, 132 market rental units, and 325 below-market rental homes.
https://www.youtube.com/watch?v=LItbwuL9zoc