RICHMOND , BC Brighouse Village Development Site

RICHMOND– BRIGHOUSE STATION

Richmond Centre

COOK ROAD NO.3 ROAD 8140-8160 COOK ROAD 8140-8160 COOK

SIMON LIM JAMES LANG JESSICA HATHAWAY EXECUTIVE VICE PRESIDENT ASSOCIATE VICE PRESIDENT SENIOR ASSOCIATE DIR +1 604 661 0882 DIR +1 604 661 0868 DIR +1 604 694 7227 [email protected] [email protected] [email protected] PROPERTY SALIENT HIGHLIGHTS FACTS

• Located just steps from the Richmond Brighouse Station CIVIC ADDRESS 8140-8160 Cook Road, Richmond, BC

• 45,628 SF site with maximum density of 4.0 FAR and Lot 35 & 36 Except: Part Red On Plan With Bylaw Filed A3889, Section 9 Block 4 North Range 6 West New achievable height of 45 metres (148 feet) LEGAL ADDRESS Westminster District Plan 7312 PID: 011-212-667, 011-212- • Across the street from Richmond City Centre and 683 convenient access to retail centres along No. 3 Road Located on Cook Road between No. 3 Road and Buswell • 25 minutes from Downtown and 14 minutes to LOCATION Street in Richmond’s City Centre, just steps from the Richmond Centre and Richmond-Brighouse Station. Vancouver International Airport via the Canada Line 8140 Cook Road: 22,819 SF • Capitalize on the success of nearby mixed-use SITE AREA 8160 Cook Road: 22,809 SF developments including Keltic’s Paramount, which set Total: 45,628 SF new records for its commercial strata sales The Property is currently improved with two one-storey IMPROVEMENTS office/retail buildings. The properties were constructed circa 1963 and 1974, respectively

8140 Cook Road: 9,194 SF LEASABLE AREA 8160 Cook Road: 22,809 SF Total: 14,508 SF

ANNUAL NET RENTAL $209,118 INCOME (2018)

CDT1 (Downtown Commercial), which provides for residential ZONING and commercial uses.

The Property falls into the Brighouse Village Plan and is OCP DESIGNATION located in the Urban Core T6 Area (45 m), with a maximum permitted density 4.0 FAR

Lands: $30,901,000 ASSESSED VALUE Improvements: $44,200 COMBINED (2019) Total: $30,945,200

Ideally located within Richmond’s City Centre and a block away from Richmond-Brighouse SkyTrain Station, the Property’s location is second-to-none of amenities and accesibilty. Just across from Richmond Centre and the No.3 Road retail corridor the property location offers a wide selection of shops, services and entertainment.

25min 14min Downtown Vancouver YVR Lansdowne Mall

Richmond- Brighouse Station

Westminster Highway

Cook Road No. 3 Road

Richmond Centre DEVELOPMENT POTENTIALBrighouse Village

City of Richmond The subject property is designated as Urban Core T6 (45m) within the SPECIFIC LAND USE MAP: BRIGHOUSE VILLAGE Brighouse Village area of the City Centre Area Plan within the Village Specific Land Use Map: Brighouse Village (2031) Centre Bonus area. Brighouse Village

Mixed Multiple-Family Residential/Commercial Use, Hotel, PERMITTED Office, Retail Trade & Services, Restaurant, Neighbourhood WESTMINSTER HWY USES : Pub, Institutional Use, Recreation, Studio, Community and Accessory Uses

WESTMINSTER HWY Non-residential DENSITY: 3.0 FSR uses: P

B GARDEN CITY RD Residential and 1) Base: 2.0 FSR P

B GARDEN CITY RD mixed-use:

2) Affordable 1.0 FSR (providing GILBERT RD

Housing Bonus: 10% affordable GILBERT RD housing) 3) Village Centre 1.0 FSR Bonus: GRANVILLEGRANVILLE AVE AVE Total: 4.0 FSR 050 100 200 300 400 NO. 3 RD Meters 050 100 200 300 400 *Additional Density is permitted through the Village Centre NO. 3 RD Meters Bonus, which permits an additional 1.0 FSR of density for the provision of non-residential uses. This brings the total General Urban T4 (15m) School Proposed Streets density buildable to 4.0 FSR or approximately 182,512 SF Urban Centre T5 (25m) Village Centre Bonus Pedestrian-Oriented Retail Precincts-High Street General Urban T4 (15m) School & LinkagesProposed Streets HEIGHT: 45 m (148 feet) Urban Core T6 (45m) Institution Pedestrian-Oriented Urban CentrePark T5 (25m) VillagePedestrian Centre Linkages Bonus RetailPedestrian-Oriented Precincts-Secondary RetailRetail Streets Precincts-High & Linkages Street & Linkages Urban Core T6Park-Configuration (45m) & InstitutionEnhanced Pedestrian Canada Line Station location to be determined & Cyclist Crossing Pedestrian-Oriented Park Village Centre: BPedestrianBus Exchange Linkages P TransitRetail Plaza Precincts-Secondary No. 3 Road & Cook Road Retail Streets & Linkages Intersection Park-Configuration & Enhanced Pedestrian Canada Line Station location to be determined & Cyclist Crossing Village Centre: B Bus Exchange P Transit Plaza No. 3 Road & Cook Road Intersection

Original Adoption: June 19, 1995 / Plan Adoption: September 14, 2009 City Centre Area Plan M-16 RICHMOND , BC

SIMON LIM EXECUTIVE VICE PRESIDENT DIR +1 604 661 0882 [email protected]

JAMES LANG ASSOCIATE VICE PRESIDENT DIR +1 604 661 0868 [email protected]

JESSICA HATHAWAY SENIOR ASSOCIATE DIR +1 604 694 7227 [email protected]

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