6-Storey Residential Building Proposed for West 41st
Buffalo Investment (Canada) Ltd. has applied to rezone 755-795 West 41st Avenue in the Oakridge area of Vancouver from RS-1 to CD-1 to build a 6-storey residential building, at a density of 2.72 FSR, including 0.25 FSR for market rental units. The architect is iConstrux Architecture Ltd.
Buffalo had acquired the site, a collection of single family lots, in November 2011 for $15,750,000, or $169 per buildable SF based on the intended rezoning. The market rental units will be located on the ground floor.
I hope you start building soon and the city stops dragging their feet on application proposals. My parents live across from Oakridge mall a block in and their property may be rezoned but only after building starts in other areas close by such as your site and the city recognizes that public interest is financially investing in these projects.