This pioneering venture by BMG Real Estate is the first mixed-use concrete tower in the Townline Node area, set to redefine urban living in North Delta. An innovative community designed for the future, the development will offer 314 residences, including for-purchase and for rent, with a commitment to affordability – 10% of the homes will be priced below market rates. Beyond housing, Walker House will provide 17,000 square feet of amenities, over 3,000 square feet of commercial space, and a much-needed daycare centre.
Here’s why Walker House is a significant project for North Delta’s community and stands as a prime illustration of a much-needed development in today’s market.
- This development embodies the spirit of transit-oriented development (TOD), a strategy being championed by the provincial government. TOD aims to integrate high-density, mixed-use buildings within convenient reach of frequent transit services. Walker House stands as a testament to this approach, aligning perfectly with the objectives in the updated Provincial Policy Manual: Transit-Oriented Areas (TOA manual).
- Furthermore, Walker House is a response to the Housing Supply Act‘s call to expedite home delivery. As part of the first ten selected municipalities, Delta is primed to benefit from this initiative. This is especially crucial considering that 80% of homes in Delta are listed above $1 million, the highest concentration among Canada’s 70 largest cities.
- With Delta’s population projected to expand to 121,000 residents by 2041, an estimated 8,300 homes are required to accommodate this growth. Walker House is poised to fulfill this need, setting a new standard for urban living in the process.
Image source: https://bmgrealestate.com/
