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.