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Latest Stories

25th Apr 2025

Metro Vancouver Sells Ashcroft Ranch, Acquires Delta Site

Metro Vancouver Regional District recently sold the 10,700-acre Ashcroft Ranch to the Nlaka'pamux Nation for $28 million, facilitating the land's return to Indigenous stewardship. Proceeds funded the $37.15 million purchase of a 4.78-acre industrial site in Delta, earmarked for expanding the Annacis Island Wastewater Treatment Plant.

Read the full story by Storeys.

11th Feb 2025

Delta Seeks Feedback for Tsawwassen Mall Redevelopment

The City of Delta is gathering public feedback until March 16 for Century Group's Tsawwassen Town Centre mall proposal. The mixed-use complex, featuring four 21-24 storey towers and several 5-6 storey buildings, will supply over 1,400 homes and 71,000 sq. ft. of commercial space, including a grocery store and community amenities.

Read the full story by North Delta Reporter.

28th Jan 2025

185-Unit Apartment and Townhouse Project Proposed in Delta

A proposal for 11944 92 Avenue in Delta seeks to replace 34 aging townhomes with a six-story building containing 134 apartments and 51 townhouses. This redevelopment aligns with the Scott Road Corridor plan, promoting higher-density housing in the area. A public hearing can’t be held since the development is consistent with the OCP.

Read the full story by Delta Optimist.

28th Jan 2025

Delta May Collect DCCs at Issuance of Occupancy Permits

Delta may revise its Development Cost Charges (DCC) collection timing. By collecting DCCs later in the development process, the city aims to reduce upfront costs for builders, potentially lowering home prices and encouraging more construction. This policy shift could be a significant step toward addressing housing challenges in the area.

Read the full story by Delta Optimist.

26th Jan 2025

Delta Plans to Convert City-Owned Land Into Housing

Delta is exploring housing development on city-owned lands under its updated Official Community Plan. The plan re-designates civic lands, previously reserved for municipal or institutional use, to allow residential construction. This initiative targets underutilized properties, aiming to create affordable housing options.

Read the full story by Delta Optimist.

11th Jan 2025

Delta to Ease Parking Requirements for New Developments

Delta is considering easing parking requirements for residential, commercial, and industrial developments. This move follows provincial mandates and aims to reduce construction costs and encourage transit use. A Metro Vancouver study found off-street residential parking is oversupplied by 47% in strata buildings and 35% in market rentals.

Read the full story by Delta Optimist.

RC
RCSubscriber since May 2024
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As a legal practitioner with a busy practice, Real Estate Recap provides me with an insightful and quick update on the current real estate happenings in Canada. Not only is the information helpful for my personal use, it goes a long way in dealing with relevant legal issues for clients.
EM
EMSubscriber since December 2024
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Real Estate Recap is a fantastic resource! It’s packed with useful information about market trends and provides educating insights that help readers understand the real estate market better. The practical tips and clear explanations make it a must-read for anyone looking to stay informed and learn more about the real esate market!
SD
SDSubscriber since June 2024
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Staying on top of real estate news can be hard, but thanks to RealEstateRecap, I don’t miss a beat. Their updates are informative, and make it easy to stay in the know. Great Newsletter, Thank you
SG
SGSubscriber since June 2024
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Very informative newsletter! It is now my go to source for all real estate news.
SB
SBSubscriber since December 2024
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Great newsletter! Very insightful and it provides all the key points without being a long, tedious read. Very well done!

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