Historic opportunity to develop an 87-acre waterfront master-planned community in BC’s Fraser Valley
Goodman Commercial is excited to announce the unprecedented opportunity to acquire one of Fraser Valley’s last remaining large-scale waterfront development sites, affording over a 1 km stretch of land adjacent to the Fraser River. No rezoning required! Build under the existing zoning or consider a variety of uses under the new OCP.
The Mission Waterfront comprises eight individual titles totalling 86.72 acres and offers a purchaser the opportunity to build-out a master-planned community with a wide range of building options. Situated on the bank of the Fraser River, the property features beautiful views of the water, agricultural land, mountains including Mount Baker, and other serene natural landscape.
The property is a part of the Mission Waterfront Revitalization initiative – a comprehensive planning area representing approximately 296 acres of land that sets out to revitalize the area into a complete, walkable and connected community.
Mission’s Preferred Land Use Option was endorsed in December 2021 and provides a vision for future use of these lands. The key directions of the plan include supporting the existing Downtown, focus on employment lands, pedestrian connectivity along the banks of the Fraser River and an environmentally friendly relationship to the river.
It is clear the vision takes inspiration from other master-planned communities throughout BC incorporating public hubs, mixed-use / residential projects, signature open spaces and waterfront destinations such as Vancouver’s Granville Island.
The subject property is located just south of Lougheed Highway, with Highway 11 intersecting in between the site and CP Rail running on the easterly border. The property is conveniently positioned just 20 minutes north of the US border crossing, and 70 km east of the City of Vancouver.
The Fraser Valley is experiencing exponential population growth, as affordability and industrial expansion continues to draw people further east.
Latest census figures show that the population of the city as of 2021 is now 41,519 people, a 7.7% increase from 2016.
Reports, studies & dredging update
There have been numerous recent studies and reports commissioned for the property in anticipation of this offering such as:
- Archaeological Overview Assessment
- Construction Cost Estimate – Roadworks and Servicing
- Flood Hazard Assessment
- Geotechnical Site Assessment
- Environmental Constraints & Phase 1 Site assessments
- Architectural development concept plan
- Traffic Analysis
- Dredging project nearly complete: Details on the massive dredging project allowing for replacement of the old sewer line across the Fraser River. Click here for latest news release.
For more details, please contact the listing agents.