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.