The property at 45860 Yale Road, the former site of the Chilliwack Progress newspaper, offers a prime opportunity for one of Chilliwack's most significant developments. With a parcel area of 1,986.7m² (0.49 acres) and a perimeter of 181.4m, this site is currently zoned CS1 (Service Commercial), allowing for various uses including general commercial, cultural facilities, and vehicle-oriented businesses. However, its designation under the Official Community Plan (OCP) as Urban Quarter (UQ) suggests a future potential for a high-density, mixed-use development.
The Urban Quarter designation permits buildings up to 18 storeys, making this property ideal for a high-rise development that could significantly increase the density and bring new vitality to downtown Chilliwack. A mixed-use tower could include commercial spaces on the lower floors, with residential units above, contributing to both the economic and housing needs of the area.
Overall, 45860 Yale Road presents a significant opportunity for a landmark development in Chilliwack, potentially transforming the area with a high-density, mixed-use project that supports both economic growth and residential expansion.