Aspac Developments Ltd purchased 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. 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. A $2.3 million hard-surfaced path will be constructed along the river to link the project to Aberdeen Centre.