Vancouver City Council approved Westbank’s proposal for a 22 storey market residential tower under the STIR program at 1401 Comox Street in Vancouver’s West End yesterday.  Westbank originally applied to rezone the former church property in October of 2009 and after revisions to their proposal in 2010 and 2011 were successful in having the project approved.  The project will have a 7.14 FSR, stand 190 feet tall and 186 market rental units.

Ledingham McAllister’s Reflections highrise condo project in the Edmonds area of South Burnaby completed construction in Spring 2012, and has now sold 210 of the 218 available units at an overall average of approx. $490 per sq ft. The project began selling in mid-2010.

Ledingham McAllister is expected to introduce more residential units in the area with the redevelopment of Safeway’s distribution site. The project is expected to take at least a year or more to go through the rezoning process before development occurs.