Construction of the first phase of its development will begin in early 2007 and will be completed by mid 2007. Upon final completion, three warehouse buildings will occupy more than 37,000 m˛ (400,000 square feet) on an estimated 10.15-hectare (25 acre) site. The warehouses will be used for port-related purposes such as cross-docking and re-stuffing containers.

“Our new development on Fraser River Port’s Richmond Properties will be an enormous addition to our existing facilities located in South Burnaby,” says Rick Cowan, Vice President of Euro Asia Transload Inc. “We have no doubt the Richmond Properties hub will be a "logistics winner" as pieces of Canada's pacific gateway initiatives come together.”

“Their business focus fits exactly within the development theme of Richmond Properties,” adds Captain Tom Corsie, the Port Authority’s Vice President of Property Development. “We’re developing a logistics hub that serves cars and containers, two of the Port’s traditional niche cargoes.” Richmond Properties is quickly becoming one of the Pacific Gateway’s most important distribution centres, with access to the River, rapidly expanding rail service from CN, and the potential for a deep-sea shipping terminal.

Fraser River Port is Canada’s largest fresh water port and Canada’s largest automobile port, encompassing 270 kilometres of shoreline along the Fraser River from Langley to the Strait of Georgia. The Port generates 38,500 jobs in British Columbia and contributes $3.7 billion to Canada’s Gross Domestic Product.