Volume 35 - Summer 2022

Back to Our Roots in a Burgeoning City

It’s the place where it all began for Townline, and we always knew just how special it was. Formed and shaped by the mighty Fraser River, Richmond has undergone enormous changes since its early days as a fishing and agricultural village. Today, Richmond is defined by cultural diversity that creates a dynamic and vibrant community of over 225,000 people. Yet it is on the precipice of becoming something even greater.

Richmond Bigger and Better

The 2010 Olympics were integral to the evolution of Richmond. Part of the city’s major investment in Olympic infrastructure included the Canada Line Skytrain system in 2009, enhancing the connectivity between Richmond and Vancouver (and YVR airport) – and spurring city planners to define robust new development zones. The legacy project of the Olympic Oval set the tone for a commercial and residential resurgence along the riverfront. And a thriving downtown experience is rising, adding to the already renowned global dining and shopping experience that is Richmond.

Even bigger changes are in the works. The massive redevelopment of CF Richmond Centre will see a two-phase, mixed-use retail and residential offering including 12 residential towers, 420,000 square feet of retail, and a park-like central plaza. Plans for a 20-acre mixed-use high-density development south of Richmond Oval are well under way. A major new arterial road through the heart of Richmond supports this skyrocketing trajectory, as does the addition of a new Canada Line station at Capstan Way.

But the most significant city-changing transformation comes via the sevenphase redevelopment at Lansdowne Centre, promising two dozen mid-rise residential towers with homes for up to 10,000 residents and 764,000 square feet of retail with parks, roads, and pedestrian experiences over 50 acres – making this the largest Richmond development to date. This is the exhilarating new downtown core of the city.

A Legacy of City Building

Townline has always understood the unique allure of this incredible city. After all, we’ve been here for a great deal of the change. Our company started over 40 years ago as a single-family home builder in Richmond, and we’ve continued our contributions to the city’s growth with over a dozen multi-family projects completed to date, including collections of single-family homes at Trites Road, Sweetwater, and Terra Nova; high-rise condos at Harmony; townhomes at Oxford Lane; and The Gardens – South Richmond’s most sought-after master-planned urban village. And we continue to invest in Richmond’s tomorrow with our most exciting combined residential and commercial project to date in the heart of Richmond’s new downtown: Luxe Lansdowne and the Offices at Luxe.

Built in partnership with Canderel, Luxe Lansdowne and the Offices at Luxe sit prominently at the corner of No. 3 Road and Lansdowne, directly across the street from Lansdowne Canada Line station and the ambitious redevelopment of the Lansdowne Centre retail and residential offering.

At Townline, Richmond has always held a prominent place in our hearts. We are thankful that we are able to contribute to the inspired growth and development of a city we love.

Luxe Lansdowne

This vibrant, modern community of 363 one-, two-, and three-bedroom residences features abundant outdoor living space for every home. Life here will revolve around world-class wellness and entertainment amenities including an outdoor pool and cabanas, entertainment lounge, fitness centre, outdoor fireside terrace, lounge and BBQ area, and a chef’s kitchen and dining room.

Offices at Luxe

Specifically created for Richmond’s local business owners, the Offices at Luxe will feature 77 AAA strata office ownership opportunities with a broad range of unit sizes, from 412 to 7,200 square feet. In an area undergoing rapid transition, the Offices at Luxe present an incredible opportunity to invest in the impressive growth and brilliant future at the very centre of Richmond’s new downtown core. Strata office ownership is still relatively rare within Metro Vancouver, allowing AAA office investment in this competitive commercial real estate market, where the lowest vacancy rates in the country continue to drive unprecedented demand. In Richmond, we can clearly see how quickly this demand is growing.

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