Larkspur was named after an ornamental wildflower plant that blooms in many colours. All neighbourhoods in the Meadows area are named after plants and flowers.
A pipeline corridor runs the north to south length of the neighbourhood, which has been transformed into a linear park through Larkspur. The Larkspur neighbourhood structure plan (NSP), was originally adopted by City Council in 1987. The neighbourhood began developing in the late 1980s, and was still actively under construction in the 2000s. Civic ward: Sspomitapi. District: Mill Woods and Meadows. City boundary records effective 1981-10-01.