First Capital Realty has proposed three towers for the northern portion of the Semiahmoo Shopping Centre, which will eventually be completely redeveloped.is located at 1701 152 Street, near the intersection with 16th Avenue and immediately north of White Rock.
For the site currently occupied by the Chevron gas station, along Martin Drive, First Capital is proposing a 12-storey building with 168 residential units and 8,622 sq. ft of commercial space. For all three buildings, First Capital is proposing an amount of indoor amenity space that is significantly less than what is required under the City's policies, but are proposing an amount ofAcross the three buildings, a total of 1,001 vehicle parking spaces would be provided, including 763 spaces for residents, 111 for visitors, and 127 for commercial uses. A total of 689 bicycle parking spaces is also expected to be provided.
The McDonald's at 1789 152 Street is owned by McDonald's and not included in the proposal, although the City notes the property could potentially be folded into the redevelopment in the future, since it is surrounded by properties owned by First Capital.For this initial phase, the project will be subject to both Tier 1 community amenity contributions and Tier 2 CACs, as well as the City's Affordable Housing Contribution policy and public art contribution policy.