BC Business
At 37-storeys, The Rise will be Delta's tallest tower
At 37-storeys, The Rise will be Delta’s tallest tower
Early etchings of Delta’s future skyline were revealed Wednesday as the developer behind Delta Rise, a proposed 37-storey, 359-unit residential tower, put forward his firm’s bid to densify the area around North Delta’s Scott Road.
“Scott Road represents the start of a new identity for North Delta,” said Blexo Development principal and Delta Rise developer Satish Sharma, “with the support of the Corporation of Delta we are able to add a new type of residential offering to North Delta.“
Targeted at first time buyers and downsizing seniors, condos in the proposed tower will start at $100,000 with the most expensive units priced well below half a million. The units are deceptively spacious – a two-bedroom two-bath is 732 square feet – with floor to ceiling windows, open concept kitchen and living rooms, granite countertops and laminate flooring. The generous outdoor spaces set the units apart from other condos with patios measuring 355 to 393 square feet compared to the average 60 square feet, says Sharma. “This particular highrise is very cool, it will wake everyone up,” says councilor Ian Paton. And by everyone, Paton means condo developers. Delta is looking to revitalize the strip-mall-heavy Scott road area with new developments, he says.
Delta Rise is the first highrise to receive financial incentives from the municipality, totaling $2-million worth in funding. Council unanimously approved the highrise following three months of public consultation in January.
“We are doing everything we can to provide incentives for developers to tear down some of the seedier buildings,” says Paton. The council wants to improve the area by by investing $10 million to build a North Delta recreation centre. Work is also being done to upgrade the 80th Avenue and 112 Street intersection nearby. The city is also rezoning the Scott Road corridor to allow for more highrises, condominums and town houses, says Paton.