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==== The Olympic Oval ==== [[File:Water Sky Garden At Richmond Olympic Oval.jpg|thumb|upright|Exterior of the Richmond Olympic Oval with [[Water Sky Garden]] sculpture by artist [[Janet Echelman]]]] Aspac Developments Ltd purchased {{convert|7.5|ha|acre|abbr=off}} of land adjacent to the Fraser River and the finished $178 million [[Richmond Olympic Oval]]. The $1 billion plan includes 16 high-density towers, up to 14 stories in height.<ref name="RN1">{{Cite news|url=http://www.richmond-news.com/issues07/052107/news/052107nn1.html|archiveurl=https://web.archive.org/web/20070926231647/http://www.richmond-news.com/issues07/052107/news/052107nn1.html|url-status=dead|title=Richmond News β Canada Line drives massive development β 8 May 2007|archivedate=26 September 2007}}</ref> The towers will be stepped toward the waterfront and will include trees and green space. Aspac's plans are for "probably the highest-end development Richmond has seen to date" said Mayor Brodie.<ref name="VS1">{{cite news |date=9 June 2007 |title=On the waterfront |work=[[Vancouver Sun]] |url=http://www.canada.com/vancouversun/news/business/story.html?id=377a8012-2745-420f-9541-d8dd72df27cf |access-date=15 June 2007 |archive-date=8 November 2012 |archive-url=https://web.archive.org/web/20121108110951/http://www.canada.com/vancouversun/news/business/story.html?id=377a8012-2745-420f-9541-d8dd72df27cf |url-status=live }}</ref><ref name="Vancouver 2010 News article">{{Cite news|date=30 March 2007 |title=Richmond is $141 million richer thanks to 2010 Olympic Oval |url=http://vancouvergo.com/Olympics2010/2007/03/30/richmond-is-141-million-richer-thanks-to-2010-olympic-oval/ |url-status=dead |archive-url=https://web.archive.org/web/20071009080819/http://vancouvergo.com/Olympics2010/2007/03/30/richmond-is-141-million-richer-thanks-to-2010-olympic-oval/ |archive-date=9 October 2007 |access-date=24 August 2022 |website=vancouvergo.com}}</ref> A $2.3 million hard-surfaced path will be constructed along the river to link the project to Aberdeen Centre.<ref name="VS1"/> Aspac's initial plan includes constructing the development in four phases, with the first phase consisting of {{Convert|65000|m2|sqft|abbr=out}} of residential development, and {{Convert|2300|m2|sqft|abbr=out}} of ground-level commercial space. Some construction will not begin until after 2010, and will take up to 12 years to complete. The warehouses and commercial parks near the development are also slated for redevelopment.<ref name="VS1"/>
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