Market Spotlight: City of Vancouver Public Hearings
A couple of rezoning applications make their way to public hearing next week. Public hearings are generally the last hurdle for proponents before formal enactment and development permits. Two projects going to council next week highlight some minor changes to previously proposed projects:
This 10-storey office tower project was originally approved way back in 2011, and finally went forward in 2015. The project, by BlueSky Properties, was rezoned under the Metro Core plan to allow a 5.22 FSR density, and site clearing began in late 2015.
Changes: An amendment is being requested to suit the needs of a “prospective tenant”. The original plan had been to have a common area space on the top floor. The plan now calls for the common area space to be located on the 2nd floor, with the top floor being expanded for a tenant’s use.
- Density increase from 5.22 to 5.52 FSR (heritage density is being purchased + public art contribution)
Amended proposal with additional 10th floor space
This Coal Harbour proposal by Bosa Properties was originally unveiled in 2014. The site is currently improved with a 3-storey office building, and a small city-owned surface parking lot.
The project is moving forward with only small revisions as a result of staff recommendations and public feedback, with a one-storey reduction in height, a reduction in the unit count from 184 units to 175 units, and a reduction in density from 10.83 to 10.59 FSR.
Height context perspective. Note concept tower heights for 1500 West Georgia (Bosa) and 1550 Alberni (Westbank) and 1400 Alberni (Wall). Concept tower heights are also included on Cardero at Georgia and Alberni corners.
