The Corporation of Delta announced this week it has selected Quay Property Management to submit a detailed proposal for the redevelopment of the civic-owned properties along the Ladner waterfront.
According to municipal hall, Quay Property Management's submission is consistent with the vision for the waterfront identified by the Downtown Ladner Waterfront Redevelopment Committee.
"The initial concept looks very exciting," said chief administrative officer George Harvie.
Harvie said the process is still in the preliminary, consultative phase and the municipality has provided funding of up to $10,000 to help the company develop the concept further.
The next steps, he said, will be for the company to consult with local business and property owners before bringing a detailed development proposal to council. That process should take place within the next three months, Harvie said, adding the company is looking at starting consultation as early as next week.
According to its website, Quay Property Management specializes in public retail markets.
"We strive to create retail environments that are unique and well-managed to maximize our customers' experience," its website states.
Quay Property Management is behind some well-known markets, including the Tsawwassen Quay Market at the ferry terminal and Lonsdale Quay Market in the North Shore.
The proponent's intent for Ladner Harbour is to create a vibrant, marine-themed marketplace with a mix of restaurant, retail, small-scale office, eco-tourism and public uses.
Public access to the waterfront and public moorage are key features of the concept.
A detailed development proposal will be presented to Delta council for approval prior to the negotiation of a final lease agreement for the properties.