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Apartment, Condo, Development, Retail

Revised Plan for Oakridge Transit Centre Site to Include

The formal rezoning application has been submitted to the City of Vancouver for the Oakridge Transit Centre (“OTC”) site sold by Translink in 2016 to a group led by Modern Green Development. The project is slated to be named “Oak Green“.

A policy statement for the 14 acre site was approved in 2017 after three years of planning and neighbourhood consultation for the site. An additional three single family lots on Willow Street have also been added totaling half an acre.

The specific details of the development parameters for the site are now laid out in the rezoning application, and allow for a slight increase in height and density in exchange for an increase in social housing and rental housing.

Details include:

  • 1,149 condo units;
  • 180 secured market rental units, including 45 Moderate Income Rental Units;
  • 300 social housing units;
  • a total density of 2.30 FSR;
  • approx. 15,000 SF of retail space along West 41st;
  • building heights up to 230 ft (23 storeys).
  • an 8,500 SF childcare facility;
  • a new 2.34-acre public park.

The project is planned to be constructed in five phases, with Phase 1 (along West 41st) starting in 2020, and the final phase to be completed in 2031.

The application is being considered under the Oakridge Transit Centre and Adjacent Sites Policy Statement referenced above. The site is also subject to the Rezoning Policy for Sustainable Large Developments and Green Buildings Policy for Rezonings.

The architect for the project is James Cheng.

Link to the full rezoning application: https://rezoning.vancouver.ca/applications/949w41stave/index.htm

August 26, 2019by david.taylor@colliers.com
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