Redevelopment of Shawn Oaks Site to Include Two Condo Towers & Social Housing Lowrise
The formal rezoning proposal is now posted for the 3.2 acre ‘Shawn Oaks’ property at 5505-5585 Oak Street, on the West side of Oak just North of West 41st Avenue in the Oakridge area.
Shawn Oaks is a 1969 era lowrise condo that was acquired in phases between 2016-2021 by Landmark Premiere Properties. The site is identified as a “Unique Site” in the Cambie Corridor Plan, allowing for an ‘enhanced’ rezoning process, and potentially greater height and density than elsewhere in the Plan area. The Cambie Corridor Plan identifies Shawn Oaks for more market and below market housing, targeting 20% of Residential Floor Area for Social Housing if market strata uses are proposed.
The project was originally proposed in February 2022 via a rezoning enquiry, and initial concept plans were introduced to the community at an Open House in June 2023 and now the project is moving into the full application phase.
The current plan includes a 33-storey condo tower, a 31-storey condo tower, and a 6-storey social housing building.
Further details include:
- Approx. 450 condos;
- Approx. 180 social housing units;
- a total density of 4.0 FSR (556,000 SF);
- a daycare building for 37 children;
- Approx. 600 parking stalls.
The architect for the project is Acton Ostry.
The preliminary rezoning package can be viewed here: https://www.shapeyourcity.ca/5505-5585-oak-st
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