Atti Group has applied to the District of West Vancouver for a development permit for a 15,636 SF site at 1327 Marine Drive. The site is located on the North side of Marine Drive, just West of 13th Street in between the Shell Gas Station site and an older lowrise commercial building to the West.

The proposal is for a new 3-storey mixed use development that includes:

• 16 residential units;
• 5 one-bedrooms and 11 two-bedrooms;
• Unit sizes of 600 – 1,400 SF;
• 5,167 SF of ground-floor retail;
• 38 underground parking spaces (13 for commercial, 25 for residential) on 3 levels;
• a total density of 1.59 FSR
• a total amenity unit payment of $273,000 

The proposal is generally consistent with the Ambleside Village Centre Development Permit Guidelines and OCP.

The architect for the project is Karl Gustavson.

The City of Vancouver is about to implement their annual inflationary adjustment to Density Bonus Contributions and target rate CAC’s. The density bonus contributions are basically CAC’s that are specifically intended for density bonuses associated with conditional zoning in a small set of pre-planned areas including: Mount Pleasant, Joyce Collingwood, Marpole and Norquay. 

The target rates for density bonus contributions in these areas are proposed to increase by 11.9%, and will become effective on September 30, 2017. The Mount Pleasant I-1A and I-1B zones are not being adjusted for inflation this year because these areas were only established as new density bonus zones in 2017.

For CAC’s the increase is at the same rate, with updated rates as follows:

Expect even further updates to CAC target rates coming in late 2017 and early 2018 as the City of Vancouver seeks to “align with the updated needs identified in the Public Benefits Strategy.”

A full copy of the Policy Report on Density Bonus Contributions can be viewed here: http://council.vancouver.ca/20170725/documents/p8.pdf

The Policy Report on CAC’s is located here: http://council.vancouver.ca/20170726/documents/pspc5.pdf