Cressey has applied to the City of Vancouver for permission to develop the former Rona site at the Northeast corner of Kingsway and Dumfries Street in East Vancouver, just East of Knight Street. 1503 Kingsway is a 67,023 SF site that is zoned C-2, which allows a mix of residential and commercial uses.
The proposal is to replace the aging commercial building with a 13-storey mixed use building on top of a 6-storey podium. A previous design sought 16-storeys for the site.
Details of the current application include:
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- 154 condo units, including;
- 38 townhouses facing Fleming St. and Dumfries St.;
- 23,247 SF of retail and office space;
- a tower height of 167 ft.
- a total density of 2.50 FSR;
- 2 levels of underground parking accessed from a lane connected to Fleming Street and Dumfries Street.
- 154 condo units, including;
Under the site’s existing C-2 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Development Permit Board.
The architect for the project is Rositch Hemphill Architects.
The site was sold by Colliers in 2013 for $21,000,000, or $125 per buildable SF based on the application.
