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Condo, Development

Application for Oak & West 47th Site Includes 26 Townhouses

Alabaster Homes has applied to the City of Vancouver for permission to develop a three lot land assembly at the Southwest corner of Oak Street and West 47th Avenue. The site totals 27,876 SF and was rezoned to RM-8AN under the Cambie Corridor Phase 3 Plan.

The proposal for the site is a 4-building stacked townhouse development that includes:

  • 36 units;
    • one-bedroom flats & three-bedroom townhouses
    • unit sizes from 511 to 1,523 SF;
  • a total density of 1.20 FSR;
  • proposed height of 38 feet for the front buildings and 31 feet for the rear buildings;
  • 37 underground parking spaces.

Alabaster assembled the site in 2018 for $14,550,000, or $425 per buildable SF.

The architect for this project is Formwerks.

April 3, 2020by david.taylor@colliers.com

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