4.79 acre development site in Brookswood

Overview

This offering represents an opportunity to acquire a 4.79-acre townhouse development site in Langley’s Booth neighbourhood of Brookswood. The property is situated at 200 Street and 33 Avenue, offering convenient access to transportation and amenities.

The properties have a split designation, with 3352 200 Street being designated for Rowhouse/Townhouse development and 3338 200 Street classified as Commercial Village. The merger of these two distinct designations offers the developer a compelling opportunity to create a premier multi-family project while incorporating valuable amenities for the future residents.

All offers subject to court approval.

Available Materials

• Appraisal
• Arborist Report
• Architectural drawings
• Civil drawings
• Geotechnical
• Stage 1 environmental
• Conceptual Site Plan
• Survey

Location

The site is located on the east side of 200 Street in the Brookswood-Fernridge neighbourhood, an emerging area of growth within the Township of Langley. This prime location offers residents the perfect balance of suburban living with urban conveniences, benefiting from its close proximity to Langley City. The recently approved Booth Neighbourhood Plan sets the stage for exciting future development in the area. Residents will enjoy easy access to a wide range of amenities, including the diverse shopping, dining, and entertainment options in nearby Langley City. The site’s strategic position also provides excellent connectivity to major transportation routes, facilitating smooth commutes to other parts of the Fraser Valley and Metro Vancouver.

Development Potential

The subject properties present a compelling development opportunity. The northern lot, spanning 2.39 acres, is designated for Rowhouse/Townhouse development under the Booth Neighborhood Plan. A conceptual site plan has been created showing 65 ground-oriented townhomes, with a permitted Floor Area Ratio (FAR) of 0.9. The southern parcel, originally 2.40 acres, retains 0.84 acres after subdivision and is designated as Commercial Village with a base density of 2.3 FAR. This lot is likely to be assembled with the neighboring property for future development, enhancing its potential.