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Essence Properties is proposing to develop a major mixed-use project in Langley, B.C.

Essence Proposes Major Development Near LEC

Essence Properties is proposing to build a major mixed-use development in the Vancouver suburb of Langley, B.C.

The developer has filed an application to develop a master-planned community with the Township of Langley for the company’s Jericho project in the area of 200th Street and 80th Avenue. The site is located across 200th Street, a major thoroughfare, from the Langley Events Centre (LEC.) If all goes according to plan, the 122-acre site will contain a combined estimated total of 2,755 multi-family, retail, office and seniors housing units, including supportive living and long-term care facilities.

The buildings are slated to comprise low-density and high-density structures, including apartments, townhouses and mixed-use high-rises. Essence has already begun the process of preselling condominium units, online marketing materials indicate.

According to a published report, the project will comprise about 2,000 multi-residential units altogether. The community plan says the development will serve a population of 5,295.

The development is also slated to contain a park and new sports fields.

Surrey, B.C.-based Essence is a family-owned firm that specializes in multi-family development and construction. The company focuses its activities around the LEC.

The arena serves as the home of the Vancouver Giants of the Western Hockey League, Langley Rivermen of the B.C. Hockey League and Vancouver Bandits of the Canadian Elite Basketball League.

Kevin Dhaliwal, founder and president of Essence, is a co-leader of the Bandits’ ownership group.

The LEC also hosts such major events as the annual B.C. boys and girls high school basketball championships.

Rendering: Essence Properties

(Editor’s Note: Readers should not confuse the Essence project with a proposed massive mixed-use redevelopment of what are known as the Jericho Lands on Vancouver’s west side. The two projects are distinct, and a long distance, from each other. Langley is a large suburban community governed by two municipalities: The Township of Langley and the City of Langley. The proposed Essence project comes under the jurisdiction of the Township of Langley,)

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Inside The Story

Kevin DhaliwalEssence Properties

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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