PGL News

Lot 5

PGL supports City of North Vancouver’s Shipyards Lot 5 development

April 6, 2016

Congratulations to Quay Property Management as the successful proponent to proceed with the development of The Shipyards – Lot 5.  PGL is excited to be a part of this team which will bring a community focused development to the City of North Vancouver.

Lot 5 is a central component of the City’s vision for the transformation of the Shipyards, located in the Central Waterfront Area of Lower Lonsdale.  The development will become a unique community gathering place for residents and visitors on the waterfront.  Features planned for the site include a water play area, outdoor skating rink, performance stage, connection to the Spirit Trail, as well as restaurant, retail and a hotel development to support these activities.

Lot 5 is a part of the former Versatile Shipyards, which operated from 1906 until closing its doors in 1992. Historic activities at the Site included ship building, repair and refurbishment, machine shop activities,  creosoted wooden timber piles, placement of poor quality fill  and historical storage and use of oils and fuels.  As a result of these historic activities, the Site has environmental impacts that will need to be managed during redevelopment.  PGL is proud to be working as part of the Quay Property Management team in partnership with The City of North Vancouver to remediate and manage the environmental impacts on the Site through physical remediation and risk assessment.