Polygon Planning 321 Unit Development in Lynn Valley
Polygon Homes has applied to rezone the Mountain Court multifamily complex in North Vancouver for a new multi-phase strata and rental complex in four 5-storey buildings. Mountain Court is an aging apartment complex built in 1968 on a 4.13 acre site located just south of Lynn Valley Centre. This sits next to Polygon’s Canyon Springs project; currently under construction and expected to be completed in 2016.
The District of North Vancouver’s Official Community Plan allows a total density on this site of 2.5 FSR, and the more recent Lynn Valley Town Centre Flexible Planning Framework allows buildings up to 5-storeys.
The proposal includes:
- Phase one:
- a 75-unit market rental building (1:1 unit replacement, this is the CAC for the development)
- a 68-unit strata building
- Phase two:
- two buildings totaling 178 units
- A total of 321 units (76% two and three bedrooms)
- A total of 372,072 SF
- A density of 1.82 FSR
It is anticipated that this will be built out over a five year period.