63-Unit Rental Building Proposed for East Hastings
A rezoning application has been submitted by Chard Development to the City of Vancouver for the development of a new 6-storey mixed use rental building at the northeast corner of East Hastings Street and Slocan Street under the Rental 100 program.
The site is currently improved with an older 2-storey commercial building.
Plans for the 16,100 SF site include:
- 63 market rental units;
- 28 one-bedrooms, 20 two-bedrooms & 5 three-bedrooms;
- 5,622 SF of retail space at grade;
- a total density of 3.68 FSR;
- a total building height of 69 ft.; and
- 61 underground parking stalls and 126 bike spaces.
The application is being considered under the Secured Market Rental Housing (Rental 100) Policy.
The design features an interior courtyard, explained in the application: “To increase the number of family units, maintain an efficiency of unit planning, and to maximize density, the project is configured in a courtyard form. With the courtyard, two-bedroom units along the north side of the building are able to have a bedroom facing the exterior to the north and a second bedroom facing the interior courtyard. Furthermore, the courtyard brings social benefits and improved livability by supporting spontaneous interactions among residents and providing greater access to daylight and cross ventilation for many of the units. In addition, mechanical units have the ability to draw fresh air from the courtyard as opposed to the busy street.”
The architect for the project is BHA Architecture.
Chard acquired the site in 2017 for $11,000,000, or $185 per buildable SF based on the application.