Chilliwack Economic Partners Corporation
For over a decade, residents, business owners and City/CEPCO committees have been working together to define the vision for Chilliwack’s downtown. The City of Chilliwack and the Chilliwack Economic Partners Corporation (CEPCO) followed 2011 recommendations from the City’s Downtown Core Task Force and assembled properties at the downtown site bounded by Young Road, Yale Road, Princess Avenue and Empress Lane.
In September of 2017, CEPCO issued an RFP for purchase and development of the properties, and in 2018, the contract for the redevelopment of the 3.75 acres was awarded to Algra Bros. Developments Ltd.
The innovative redevelopment project by Algra Bros. at 5 Corners in Downtown Chilliwack will transform the downtown into a healthy, sustainable and thriving community with a mix of businesses, cafés, shops and residences that offer an urban experience while remembering the area’s historical significance. This redevelopment will set a benchmark for all subsequent development downtown.
The combination of retail, commercial, residential and mixed-used developments, as part of the multi-year, multi-phase project, will provide a balance of jobs, amenities and housing to create a diverse and inclusive downtown core.