12-Storey Building Planned for Southeast False Creek

Aurmon Development has applied to rezone a 24,160 SF site that it owns at West 2nd and Wylie Street in the Southeast False Creek area. 371 West 2nd Avenue is currently zoned M-2 (Industrial) and the proposal is for a 12-storey building (10 storeys plus 2 penthouse levels) above a 6-storey podium (5 storeys plus 1 penthouse level). The proposal includes:

• 132 strata condo units;
• 78 one-bedrooms, 38 two-bedrooms and 12 three-bedrooms
• A height of 130 ft;
• A density of 4.11 FSR
• Three levels of underground parking

This proposal is being considered under the Southeast False Creek Official Development Plan (ODP).

The full rezoning application can be viewed here.

The site was acquired by Aurmon in 2010 for $9,650,000, or $114 per buildable SF.