Kingsway & Clark Corner Slated for 53 Rental Units

The latest Kingsway rental rezoning application to be submitted to the City of Vancouver is for a site at the Northeast corner of Kingsway and Clark Drive, one block West of Knight Street.

The 14,134 SF site is currently improved with single storey retail including the Cedar Cottage Neighbourhood Pub and Liquor Store. The site is zoned C-2. The rezoning proposal seeks approval for a new six-storey mixed-use building, consisting of:

• • 53 market rental units;
  • 10 studios, 24 one bedrooms, 13 two-bedrooms and 6 three-bedrooms;
  • 7,884 SF of retail space at grade;
  • a total density of 3.77 FSR;
  • a building height of 74.64 ft.; and
  • 43 underground parking spaces.

This application is being considered under the Secured Market Rental Housing (Rental 100) Policy.

The site was acquired in 2017 for $5,840,000, or $102 per buildable SF based on the application.

The architect for the project is GBL Architects.