Headwater embarked on a joint venture partnership with Hearthstone Properties to develop one of the only purpose-built rental projects in Richmond Centre. The property is well-located near the Lansdowne Canada Line SkyTrain station, close to Lansdowne Mall and Kwantlen Polytechnic University’s campus. Hearthstone, a local family company, engaged Headwater to be its development partner to build an income producing legacy asset for the family.

Headwater successfully navigated the re-zoning and approvals process with the City of Richmond.