Delta Approves 876-Unit MF Development
Delta city council has approved an 876-unit multi-family real estate development project.
The four-phase project involves the redevelopment of the Delta Shoppers strip mall at 8037-8087 120 Street in the North Delta area near the Delta-Surrey boundary. The total building floor area is slated to exceed one million square feet.
The new development will feature a mix of residential, commercial, and childcare spaces. The six-acre site, located by the intersection of 80th Avenue and 120th Street, will undergo a substantial overhaul. The project will replace nearly two dozen businesses, including popular establishments like One20 Public House and Liquor Store and Kumare Restaurant and Bakery.
New structures will include two 32-storey condominium towers, two mid-rise buildings, and 71,000 sf of commercial space. The new homes will comprise market ownership condominiums, market-rate seniors housing and secured purpose-built rental units.
Childcare facilities and below-market rental units are also to be part of the mix.
Vancouver-based Arcadis IBI Group filed the development application on behalf of Value Property Group, a regional commercial real estate investment, development and management firm. VPG holds about two million sf of commercial spaces across B.C.
Rendering: City of Delta/Arcadis-IBI/Value Property Group