Westbank Planning 404 Residential Units on Kingsway Site

Westbank Projects has applied to the City of Vancouver to rezone the Canadian Tire site at 2220 Kingsway from C-2 to CD-1. The proposal is for a mixed-used development consisting of 330,000 SF of residential and 52,000 SF of commercial space. The proposed development includes 404 residential units, with a height of 148 ft., and a total of 561 parking spaces.

Westbank purchased the 2.3 acre site in September 2011 from Manulife Financial for $34,088,000, representing approximately $107 per buildable sq ft.