Rental Apartment Building Proposed for Oak Street
The owners of an papartment building on Oak have applied for a development application to redevelop an existing apartment property they own at 2975 Oak Street (at West 14th). The proposal is permitted under the existing RM-3A zoning, but required City approval. The plan includes:
- Heritage designation of the existing structure
- 50 market rental units
- A total density of 2.8 FSR