Delta council on Monday (June 14) will discuss a proposal to construct a new housing development fronting the future Cascades Casino Delta in Ladner.
Staff are presenting the application as preliminary information at this point and are recommending the proposal be advanced to the public consultation and review stage.
Located near the interchange of Highways 99 and 17A, the application by Shato Holdings Ltd. would see a 153-unit residential development, including 138 apartment condos in two buildings and 15 townhouse units.
Requiring an Official Community Plan amendment, rezoning and other approvals, the residential buildings would be connected by an under-building parkade for residents and visitors, accessed via a new private road.
A staff report notes the applicant is proposing to include an affordable housing component for the development whereby the owner would fund five percent of the market value per unit for a maximum of 10 percent of the total units.
Shato Holdings Ltd. also owns the land where the casino now under construction will be located.
Gateway Casino & Entertainment Ltd. is leasing that site.