An assembly of five residential lots at Oak and West 64th in Marpole has sold to Century Eternal Group for $24,126,888, or $345 per buildable SF. The five lots comprise 250 feet of frontage on Oak with a combined site area of 28,307.5 SF.

The Marpole Community Plan designates these lots for development for multi-family residential up to 6-storeys and 2.50 FSR density.

The buyer had previously secured the seven lots to the South of the property in June 2017. The combined twelve lot assembly comprises 68,309 SF.

Here is a brief update on a project in the West End that is a partnership between Bosa Properties and Central Presbyterian Church. The property was rezoned in 2014 to allow a new 22-storey building that includes 168 units of market rental apartments and 45 units of non-market rental apartments, as well as retail space, a new church and a preschool.

photo courtesy mcminsen http://po.st/NealhU via @imageshack

photo courtesy mcminsen http://po.st/XqOWCP via @imageshack

photo courtesy mcminsen http://po.st/WEQhhh via @imageshack

photo courtesy mcminsen http://po.st/VAXF7t via @imageshack