Central Plaza – shown in 2012 after departure of Shoppers Drug Mart. Nature's Fare

Only portion of Central Plaza sold

Officials clarify White Rock shopping centre purchase

The recently announced purchase of White Rock’s Central Plaza shopping centre does not include the entire site, Peace Arch News has confirmed.

A spokesman for Landmark Premiere Properties clarified this week that “everything west of Westland Insurance… including the parking area behind the plaza” was included in the deal.

That means tenants including Shoppers Home Health, Scotiabank and the recently opened Nature’s Fare grocery store were not part of the sale.

Mitchell Evanish, whose family company Newmark Projects owns that portion of the site, said Tuesday  that he did hear from one of his tenants who was “curious” about the purchase, after a news article appeared in PANs Aug. 10 edition under the headline Highrises on horizon for Central Plaza.

Landmark had announced in a news release dated Aug. 5 and sent Aug. 8 that it “has purchased the Central Plaza Shopping Centre at 15182 North Bluff Road, White Rock. The 162,000 square foot site is home to more than 14 retail and service businesses.”

The release describes the move as one that “reinforces our long-term commitment to White Rock,” but gave no indication only part of the site was affected.

Evanish said Newmark has no plans to sell.

“Routinely, we’re approached to sell it, but it’s not in the cards,” he said. “It’s a hold-onto. We’ve got some great tenants.”

Landmark’s acquisition also does not extend to the three-storey building on Foster Street, nor the buildings on Russell Avenue, Kirk Williams, director of media relations and communications for Pace Group Communications, told PAN by email.

Exactly what’s in store for the site remains to be seen, however, Landmark president and managing partner Ray Chen had stated in the release that “we’ll be looking at Central Plaza with an eye to adding value to the businesses in the shopping centre, and creating a residential community White Rock can be proud of.”

Landmark is currently designing and developing a 25-storey, three-tower luxury apartment/commercial project, planned for the 1500-block of Martin Street, that is expected to come before council this fall, and if approved, would be the tallest development in White Rock to date.

The release says Landmark “will propose a similar residential and commercial opportunity at Central Plaza.”

Just Posted

Setting the stage for emerging performers

Variety fundraiser and ongoing open-mics showcase local talent

Four Surrey students head to New Brunswick for Canada-wide science fair

Three projects move to nationals following regional fair at KPU

Man ‘seriously’ injured in crash after driving wrong way on Highway 17: Surrey RCMP

Police say the sedan hit a transport truck, then another car

Easter ‘eggstravaganza’ event planned for South Surrey

Event is to run from 12-3 p.m. at Dufferin Park (17355 2 Ave.).

Delta police arrest four in focus on property crime hot spots

The DPD is using the arrests to highlight the work of its patrol support team

VIDEO: Alberta man creates world’s biggest caricature

Dean Foster is trying to break the world record for a radio show contest

VIDEO: Giants draw first blood in Western Conference championships

In Game 1 of the best-of-seven series between Vancouver and Spokane, the G-Men emerged triumphant

Multiple people injured after deck collapses during celebration

Emergency responders rushed to the Langley home

B.C. RCMP receive application for Police Cat Services

RCMP announced the launch of the Police Cat Services unit as an April fools joke

Rats available for adoption in Vancouver

In a social media post the City of Vancouver says you can adopt a rat for $5.

Kirkland Signature veggie burgers recalled due to possible metal fragments

Recalled products came in 1.7 kg packages with a best before date of Apr. 23, 2019

Chaos at the ferry terminal for people heading from Vancouver to the Island

Easter crowds create backlog at Tsawwassen ferry terminal

Parents of 13 who tortured children get life after hearing victims

One of their daughters fled their home and pleaded for help to a 911 operator

Crews battle Burnaby blaze; 2 people sent to hospital

Emergency Support Services helping residents displaced by fire

Most Read

l -->