{"id":152,"date":"2014-11-10T18:33:55","date_gmt":"2014-11-10T18:33:55","guid":{"rendered":"http:\/\/chrisbrownrealestate.ca\/blog\/?p=152"},"modified":"2014-11-13T05:03:40","modified_gmt":"2014-11-13T05:03:40","slug":"high-rise-apartments-approved-for-capilano-and-marine-dr","status":"publish","type":"post","link":"https:\/\/www.chrisbrownrealestate.ca\/blog\/high-rise-apartments-approved-for-capilano-and-marine-dr\/","title":{"rendered":"High rise apartments approved for Capilano and Marine Dr"},"content":{"rendered":"<p><a href=\"http:\/\/chrisbrownrealestate.ca\/blog\/wp-content\/uploads\/2014\/11\/Rendering-2035-Fullerton-Ave-LARCO.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-153 size-large\" src=\"http:\/\/chrisbrownrealestate.ca\/blog\/wp-content\/uploads\/2014\/11\/Rendering-2035-Fullerton-Ave-LARCO-1024x659.png\" alt=\"Rendering 2035 Fullerton Ave LARCO\" width=\"700\" height=\"450\" srcset=\"https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-content\/uploads\/2014\/11\/Rendering-2035-Fullerton-Ave-LARCO-1024x659.png 1024w, https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-content\/uploads\/2014\/11\/Rendering-2035-Fullerton-Ave-LARCO-300x193.png 300w, https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-content\/uploads\/2014\/11\/Rendering-2035-Fullerton-Ave-LARCO.png 1648w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p style=\"color: #000000;\">Towers are going up in Lower Capilano.<\/p>\n<p style=\"color: #000000;\">In their last action before standing for reelection, District of North Vancouver council voted 5-2 to bring Larco&#8217;s 451-unit development to the former CapWest Athletic Club site, located west of Capilano Road between Fullerton Avenue and Curling Road.<\/p>\n<p style=\"color: #000000;\">The phased development includes 18-and 12-storey towers, a new community centre, four low-rise buildings and 20 townhouse units to be built by a numbered company owned by Larco.<\/p>\n<p style=\"color: #000000;\">Bringing the project to an area described as a &#8220;blight&#8221; and a &#8220;garbage dump&#8221; constitutes a longawaited turning point for the neighbourhood, according to Coun. Alan Nixon.<\/p>\n<p style=\"color: #000000;\">&#8220;The community of Lower Cap will see the light at the end of a long tunnel,&#8221; he said, describing his relief at approving the project with two weeks left in his 12-year tenure on council.<\/p>\n<p style=\"color: #000000;\">The revised agreement will penalize Larco if the company fails to build the community centre within eight years.<\/p>\n<p style=\"color: #000000;\">The community centre&#8217;s shell must be built by Nov. 17, 2022. If Larco misses that deadline the district can buy back the land for $1. Larco is also on the hook for an $8.5 million letter of credit that has to be in the bank before anyone moves into the phased development and a $2.5 million community amenity contribution.<\/p>\n<p><span style=\"color: #000000;\">&#8211; See more at: <a href=\"http:\/\/www.nsnews.com\/news\/towers-approved-for-lower-capilano-1.1528579#sthash.A909MdTs.dpuf\" target=\"_blank\">http:\/\/www.nsnews.com\/news\/towers-approved-for-lower-capilano-1.1528579#sthash.A909MdTs.dpuf<\/a><\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Towers are going up in Lower Capilano.<\/p>\n<p>In their last action before standing for reelection, District of North Vancouver council voted 5-2 to bring Larco&#8217;s 451-unit development to the former CapWest Athletic Club site, located west of Capilano Road between Fullerton Avenue and Curling Road.<\/p>\n","protected":false},"author":2,"featured_media":153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[14,49,60,54],"tags":[63,65,64,62,61,314],"class_list":["post-152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-homes","category-north-vancouver-2","category-north-vancouver-development","category-real-estate-news","tag-concrete-homes","tag-fullerton-avenue","tag-larco","tag-lions-gate-bridge","tag-lower-capilano","tag-new-homes"],"_links":{"self":[{"href":"https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-json\/wp\/v2\/posts\/152"}],"collection":[{"href":"https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-json\/wp\/v2\/comments?post=152"}],"version-history":[{"count":2,"href":"https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-json\/wp\/v2\/posts\/152\/revisions"}],"predecessor-version":[{"id":185,"href":"https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-json\/wp\/v2\/posts\/152\/revisions\/185"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-json\/wp\/v2\/media\/153"}],"wp:attachment":[{"href":"https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-json\/wp\/v2\/media?parent=152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-json\/wp\/v2\/categories?post=152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chrisbrownrealestate.ca\/blog\/wp-json\/wp\/v2\/tags?post=152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}