Fairborne Homes has applied to the City of North Vancouver to rezone 117-129 West 1st Street in the Lower Lonsdale area for the construction of a 6 storey building on this site, inclusive of retail with 5 storeys of residential development above. The residential component would contain approximately 45 units, with the commercial area measuring as 6,058 SF.

The proposal includes the retention, restoration, and designation of the existing heritage BC Telephone building, which would maintain its existing commercial retail use, and be integrated into the development while still respecting the structure as its own entity.

The overall density is proposed at 2.6 FSR (as per the Lower Lonsdale OCP), with 70 underground parking stalls.

Darwin Construction has applied to the District of North Vancouver to rezone 4 single family lots at 1561-1583 Oxford Street. The proposal is for 107 rental apartment units and 2,168 sq ft of commercial floorspace in a 6 storey building over 96 parking stalls. The proposed density is 3.35 FSR, which exceeds the 2.5 FSR medium density floor space envisioned in the District’s Official Community Plan.

The site located at the south end of the Lower Lynn Town Centre adjacent to Phibbs Exchange. The Lower Lynn Area Plan is expected to be adopted later in 2013.

On the heels of major acquisitions around the globe by Canadian pension funds, the National Post sits down with Michael Sabia, chief executive at The Caisse de Dépôt et Placement du Québec to discuss a philosophical shift away from equities towards infrastructure, real estate (via their subsidiary Ivanhoe Cambridge) and other non-fixed income assets as the struggle to meet pension obligations mounts.

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