A rezoning application has been submitted by Pennyfarthing Development for a 4-lot land assembly on Ash Street, just West of Cambie Street. This area was designated for lowrise development as part of the Cambie Corridor Phase 3 Plan.

The proposal for the 29,694 SF site at 4989-5049 Ash Street consists of two 4-storey residential buildings over two levels of underground parking and includes:

• 65 condo units;
  • 25 one-bedrooms, 33 two-bedrooms & 7 three-bedrooms;
• a total density of 2.0 FSR;
• a building height of 57 ft.;
• a partial 5th storey common amenity space; and
• 70 underground parking spaces and 139 bicycle spaces.

This rezoning application is being considered under the Cambie Corridor Plan.

The architect for the project is Rositch Hemphill Architects.

The site was acquired in 2017 for $18,197,000, or $306 per buildable SF.

A development application has been submitted by PortLiving for ‘Railtown Station’, a project at 711 Alexander Street, a triangular shaped site in Railtown totaling 11,438 SF in size. The site is bounded by CP railway tracks to the North and the Heatley Avenue overpass to the West.

Plans for the site include a new 7-storey light manufacturing, office, mixed use building including:

• 48,238 SF of manufacturing space;
• 5,380 SF of office space;
• 3,572 SF of retail space;
• A total density of 5.0 FSR;
• A proposed height of 104 ft.; and
• Three levels of underground parking providing 56 parking spaces having vehicular access from Heatley Avenue.

Under the site’s existing M-2 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The project had been pre-leasing through Avison Young under a previous design plan for the site:

The architect for the project is Formosis Architecture.

The site was acquired by PortLiving in 2017 for $5,100,000 or $89 per buildable SF based on the application.