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Condo, Development, Retail

14-Storey Condo Tower Proposed next to Langara Station

A rezoning application has been submitted by Transca Development for a 29,019 SF, four-lot land assembly on West 49th Avenue, adjacent Langara/49th Station.

The proposal for 427-477 W 49th Avenue is to allow for a mixed-use development with a 14-storey market residential tower on top of a 4-storey podium.

Details include:

  • 128 condo units;
  • 24 studios, 45 one-bedrooms, 45 two-bedrooms & 14 three-bedrooms;
  • 11,000 SF of retail space;
  • 4,700 SF of childcare space on the 5th floor with outdoor space;
  • a total density of 3.99 FSR;
  • A building height of 173 ft.;
  • 130 vehicle parking spaces and 220 bicycle parking spaces.

The application is being considered under the Cambie Corridor Plan.

The application describes the design rationale: “Our proposed development deviates from the Phase 3 suggested massing as it proposes one single tower of 14 storey as opposed to 2 towers of 11 and 8 storeys respectively. A single tower form allows a for bigger separation to the future tower development to the north and expands the open space above the podium, which will form part of the proposed childcare facility.

The tower floorplate has been reduced from the allowable 6,500 sq.ft, to 6,000 sq.ft. in exchange for additional height. This minimizes the tower width and its impact on the properties to the north. The proposed tower has been pushed away from the west property line to allow for more openings on the west elevation and to achieve an 80 ft. separation from the future tower to the north.”

The architect for the project is GBL Architects.

The site was assembled in 2016 for $25,000,000 or $229 per buildable SF.

The site had been listed for sale in 2019.

August 18, 2020by david.taylor@colliers.com

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