Wednesday, October 17, 2012

Condo developer seeks to reassure area residents




Will Lin is pledging to turn a 19-storey headache into a masterwork.
The president of Rize Alliance Properties Ltd. is still feeling bruised after sharp criticisms last spring over his company’s plans to develop a 1.25-acre property in the Mount Pleasant neighbourhood on Vancouver’s east side.
Rize wants to construct a high-rise condo in the vibrant district known for its artists, coffee shops, heritage buildings and leafy streetscape. The tower is the focal point of an ambitious project that will also feature three other major structures, one slated for nine storeys and two others at five storeys each.
Mr. Lin said Rize officials will be reaching out next month to residents, including those who vehemently opposed the developer’s rezoning application. Rize won that crucial battle, and is now preparing to submit a development permit application to City Hall within weeks.
The development site is at Kingsway and East Broadway, an important transit area where residents are able to take a short bus ride to the Canada Line’s Broadway-City Hall station.

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