The Vancouver Fraser Port Authority has recently completed the purchase of three strategic industrial-zoned properties in Richmond and Port Coquitlam. The three properties that were purchased by the port authority will be temporarily designated for continued industrial use by the port authority, pending a formal amendment to the Vancouver Fraser Port Authority’s Land Use Plan, and will continue to be used mostly for warehousing and distribution for the foreseeable future. The three properties include:
- 1700 No. 6 Road in Richmond – 8.48 acres
- 11480 to 11500 River Road, Richmond – 9.46 acres
- 1305 and 1375 Kingsway Avenue, Port Coquitlam – 17.65 acres
The port authority will continue to pursue additional strategic acquisition opportunities as they become available and engage the region in a constructive and meaningful dialogue to find solutions to shared land challenges.