88-Unit Rental Building Proposed for Lynn Creek Area of North Van
A rezoning application has been submitted by Adera for a two-lot land assembly in the Lynn Creek area of North Vancouver (formerly known as “Lower Lynn”). The site at 1552-1568 Oxford totals 26,471 SF and is currently improved with two older single family houses. The Official Community Plan designates the site as RES Level 5: Low Density Apartment which envisions apartments at a density of up to approximately 1.75 FSR, but this proposal would amend the OCP to allow for a higher density.
The site sits adjacent the “Creekstone Care Centre” which was approved by the District of North Vancouver in January 2018 with a density of 3.1 FSR and 7-storeys in height.
The “Lynn Creek Apartments” is located to the south side of Oxford Street and includes a 6-storey rental building with a density of 3.2 FSR.
Details of the proposal include:
- 6-storey rental building;
- 88 rental units;
- A total density of 3.03 FSR;
- A total CAC of $922,000 ($11.50 per SF);
- 80 parking stalls on two levels of underground parking.
The architect for the project is Rositch Hemphill.