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Apartment, Development

Oakridge Land Assembly Slated for Rental Tower

A rezoning application has been submitted to the City of Vancouver for a three lot land assembly at 441-475 West 42nd Avenue, just East of Cambie Street and Oakridge Centre.

The 18,791 SF site was designated for rezoning in the Cambie Corridor Plan Phase 3, which identified several sites near Oakridge for higher density. The designation allows for 80% market rental, with 20% below market.

The proposal consists of an 18-storey secured market rental residential building with a 4-storey podium over one level of underground parking and includes:

  • 124 rental units (including 29 below market rental units);
  • A rooftop indoor/outdoor amenity space and a children’s play space above the podium;
  • A building height of 202.5 ft;
  • A total density of 6.67 FSR ; and
  • 39 parking spaces and 4 car-share parking spaces; and
  • 291 bicycle parking spaces.

This application is being considered under the Cambie Corridor Plan.

The architect for the project is Urban Solutions Architecture.

October 28, 2019by david.taylor@colliers.com
Apartment, Condo, Development, Office, Retail

Iconic Landmark Project Proposed for Burnaby

An “iconic landmark project” has been put forward by Pinnacle International for a 6.2 acre site in the Lougheed Town Centre area of Burnaby. Based on the preliminary design details, including towers up to 82-storeys in height outlined in the preliminary rezoning application, the towers may become the tallest in B.C..

The site, located at 9858 Gatineau Place has an enviable location directly next to the Skytrain Station and just South of Shape Properties’ 72-acre ‘City of Lougheed‘ / Lougheed Mall site, with its first phase now under construction. A master plan was created for both sites in 2016; however, the Gatineau Place site was subsequently sold to Pinnacle in February 2018 for $220,000,000. The site is currently improved with surface parking lots and a residential sales centre.

Preliminary details for the proposed project include:

  • Three residential towers (82-storeys, 67-storeys & 62-storeys);
  • up to 1.9 Million SF of market residential (11.91 FAR);
  • 20% rental housing (2.16 FAR);
  • estimated 430,000 SF of office, retail & hotel uses;
  • relocation of Gatineau Place to align with the new north-south Grand Promenade road;
  • new covered transit plaza adjacent to the SkyTrain station and bus loop;
  • a new pedestrian bridge over Austin Road to connect the covered transit plaza and subject site with the Lougheed Mall site to the north.

The application describes the design rationale: “The ground level for each tower will be animated with retail uses that will activate the public realm and integrate with the transit plaza. The second level will include retail components in each building together with a hotel lobby in the “East Tower” and an office lobby in the “West Tower”. The tower podiums will share common thematic elements and will be interconnected with sky bridges allowing pedestrian movement between buildings and a connection to the Lougheed Mall Precinct.

The three towers will vary in height, with the largest (East Tower) reaching 82 levels comprised of retail, hotel and residential uses. The West Tower will feature retail, office and residential components within 67 levels, while the “South Tower” will be 62 levels in height and will include retail and residential uses. The design is inspired by nature with the three buildings metaphorically representing an ensemble of flowers expressed through appropriate massing and architectural articulation.”

No renderings have been released publicly yet, and there is no word yet on design architects.

October 28, 2019by david.taylor@colliers.com
Condo, Development

Burquitlam Townhouse Site Slated for 69 Units

Anthem Properties has submitted rezoning and development permit applications for a stacked townhouse project on a 75,681 SF site in Burquitlam. The site is located on Ducklow Street.

The site is an assembly of seven single family lots that are designated as townhouse in the Burquitlam-Lougheed Neighbourhood Plan (BLNP).

The plan for the site includes:

  • Seven stacked townhouse buildings;
  • 69 units;
    • 16 one-bedrooms, 2 two-bedrooms & 51 three-bedrooms;
  • a total density of 1.15 FAR;
  • two levels of underground parking with 136 spaces;
  • $207,502 in voluntary CACs.

The architect for the project is Integra Architecture.

Anthem assembled the site in 2018 for $21,115,000, or $242 per buildable SF based on the application.

October 28, 2019by david.taylor@colliers.com
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