Pennyfarthing Development Corp. has made an application to rezone an assembled site at 357-391 West King Edward Avenue (one block East of Cambie) from RS-1 to CD-1 District. The proposal is for a residential development consisting of one 4-storey building and 2-storey townhouses along the lane.
The proposal includes:
The 22,956 SF site was assembled last year for a total of $6,985,000, representing $162 per buildable SF.
Learn more: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/357-391wkingedward/index.htm
Another application for a rental apartment project has been submitted under the Rental 100 incentive program; this time in South Vancouver. The application is to rezone 7350 Fraser Street from RT-2 to CD-1 to allow a 6-storey rental building that includes:
Learn more here: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/7350fraser/index.htm
Hotel development planned for site of Troll's Restaurant in Horseshoe Bay
District of North Van council sends proposed CapU student housing tower back to drawing board via @NorthShoreNews
First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion
First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while
