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Development

Market Spotlight: Marpole Plan – Granville Sub-area

Within the Marpole Community Plan, the City of Vancouver has identified Granville Street, from West 57th down to Marine Drive, as a focal point for densification. This comes after the Granville at 70th project on the old Safeway site is already nearing completion. The Granville “high street” area is mostly commercially zoned, with some residential zoning on the periphery. The City’s concept is to strengthen and enhance the area as a walkable, mixed use neighbourhood centre with a variety of shops, services, restaurants, and a mix of housing.

There a presently few opportunities for development in the area given small lot sizes and high property values.

Highlights for Granville

  • Reinforces the “heart of Marpole” and welcoming place to Vancouver
  • Adds new development and improvements to public spaces to support shops and services
  • Focuses higher buildings (6-12 storeys) and more density on Granville Street
  • Creates strong walking and cycling connections to transit and other key destinations such as school, parks, and the Fraser River

marpole-plan-granville-subareaRead more here: http://vancouver.ca/home-property-development/marpole-community-plan-granville.aspx

November 9, 2013by david.taylor@colliers.com

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