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WEDNESDAY, JULY 19, 2017 n Some city councillors can accept Onni’s plan, but not its price. The developer’s proposal to rezone the waterfront area in Steveston will now go to a public hearing. File photo
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Landing plan sent to public Rezoning would allow for 32-unit hotel, retail and office space Staff Reporter
GWOOD@RICHMOND-NEWS.COM
O
ne of Richmond’s most politically charged developments is set to go to a public hearing this October. A majority of city councillors have agreed to let the public weigh in on a proposal by Onni Group to rezone Steveston’s Imperial Landing, to allow a 32-unit hotel, and retail and office space. On Monday, councillors discussed the merits of the proposal at a committee meeting. They agreed the deal should be put to the public, which has shown diverging views on what to do regarding the quagmire that began in 2012, when Onni built six buildings under maritime zoning but quickly asked to rezone the property to more lucrative commercial uses after the fact. Since 2013, the City of Richmond and Onni have been in negotiations, leaving
residents to mutter over the situation as ing to pay half of this. they walk by the nearly vacant structures The $2.4 million offered by Onni is in what is Richmond’s crown jewel of actually less than the $3 million it offered waterfront space. two years ago, although only because the At committee, Richmond’s general cost of retrofitting the hotel units ($3.2 manager of planning and development million, according to Onni) eats into the Joe Erceg stressed that profitability. “this has been a very difA staff report noted this ficult negotiation.” was Onni’s “best offer” We need a much At the root of it is dedespite noting that the city better evaluation termining how much the typically receives 100 per land value will increase cent of the land lift when it of the uplift of the due to rezoning, which allows developers to rezone property. would likely usher in new for density. – Coun. Harold retail shops, offices, a Couns. Ken Johnston and bank and a grocery store, Carol Day said the offer Steves according to the proposal. didn’t seem like enough The city’s independent money. consultant Site EconomCoun. Harold Steves was ics determined the “land lift” would be bolder in asking for upwards of $6-8 $5.5 million, whereas Onni’s assessment million. by Coriolis Consulting pegged the lift at “We need a much better evaluation of $4.1 million. the uplift of the property,” Steves told the City staff and Onni settled on an inRichmond News. crease of $4.8 million, with Onni agreeSee OK page 3
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