955 East Hastings Street moves to public hearing next week. Wall Financial is proposing to rezone the site from M-1 Industrial to CD-1 for a 12-storey mixed use development including over 64,000 square feet of commercial and light industrial job space. The proposal would accommodate 352 residential units, 70 (20%) of which would be social housing units. The total density proposed is 6.15 FSR.
Staff and Council gave conditional approval on September 18 to move forward. A CAC of approximately $20.00 /SF was applied as an in-kind contribution towards the social housing component.
