North Van Rental Proposal Targets Apartment Density
A rezoning application in North Vancouver intends to replace two low-density apartment buildings with a new 6-storey rental apartment building and could be a good model for other rental projects in the City of North Vancouver and elsewhere in the Lower Mainland.
The proposal for the 12,014 SF site at 362-368 East 3rd Street is to replace two older apartment buildings with a combined total of 11 apartments, with 40 rental units in a new 6-storey building. The proposed density is 2.6 FSR per the recently adopted OCP for the area. The plan includes only 9 parking stalls on the surface at the rear of the new building.
The unit mix includes:
- Nine 3-bedroom units
- Ten 2-bedroom units
- Six 1-bedroom units
- Fifteen studio unit
Because the proposed project is 100% secured rental housing, there will be no community amenity contribution.
Current Site Condition
The application is still preliminary and requires council approval to move through the standard rezoning process.