Media Release - District receives application from Grosvenor Capital Corporation for 1300 Block of Marine Drive redevelopment

Thursday, October 18, 2012

Thursday, October 18, 2012, West Vancouver, BC – The District of West Vancouver has received an application from Grosvenor Capital Corporation for redevelopment of the 1300 Block of Marine Drive in Ambleside Village.  Council approved the sale of the District-owned lands on the 1300 Block to Grosvenor in March 2012 in order to revitalize this key block, which is the entrance to Ambleside, and to further the goals of the District’s Ambleside Village Centre Strategy, which seeks to:

• Maximize the 1300 Block’s potential 
• Increase housing options in Ambleside Village
• Create opportunities for vibrant local business
• Improve connections between Marine Drive and the waterfront
• Create better pedestrian access and cycling routes
• Promote new green building standards

“We are pleased that Grosvenor has submitted its application,” says Geri Boyle, the District’s Manager of Community Planning. “We will now review it to ensure that all of the necessary information has been provided before we report to Council on how to move forward. The District is at the very early stages of reviewing and considering this application, which will require significant public consultation, including a public hearing, if it is to proceed.”

A report to Council on the application is anticipated before year-end, at which time Council may direct the commencement of a public consultation process on the project, request additional technical review, or reject the application.

Residents are encouraged to monitor westvancouver.ca/1300block for updates on this project, including the times, dates and locations of future public hearings.

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About the District of West Vancouver
The District of West Vancouver is the local government led by Mayor Michael Smith and Council. Home to more than 44,000 residents, West Vancouver is a local government which strives to "inspire excellence and lead by example". Our Vision and Mission guide us to pursue our treasured quality of life and will be the measure of our success as a community. West Vancouver is a community built on innovation, a strong spirit of personal civic commitment and a deep value for relationships.

Media Contacts 
Jeff McDonald Director of Communications
c: 604-396-3692 | d: 604-925-4736 | e: jmcdonald@westvancouver.ca 

James Patillo, Grosvenor Americas
c: 604-764-2789 | d: 604-640-3501 | e: patillo@grosvenor.com