69-unit Building Proposed for Main and 4th
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Bonnis Properties has submitted a rezoning application to the City of Vancouver to rezone a 17,433 SF site it assembled earlier this year at 1965-1981 Main Street. The plan is to rezone from IC-2 to CD-1 under the Mount Pleasant Community Plan for the purpose of developing a 6-storey mixed-used building. The proposal includes:
- a total density of 3.0 FSR;
- 69 residential units, including two artist studios;
- ground-level commercial space; and
- two levels of underground parking
The site was acquired in 2013-2014 for a total of $9,690,000, or $185 per buildable SF.