Yuanheng has submitted their rezoning application for the Pattison Toyota site at the Northeast corner Broadway and Hemlock (1395 West Broadway).
The proposal is a 24-storey office building that includes:
- 273,442 SF of office space;
- 24,000 SF of retail and restaurant space at grade;
- A total density of 8.64 FSR;
- A building height of 300 ft.;
- 392 underground parking spaces and 172 bicycle spaces.
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The application is being considered under the Metro Core Jobs & Economy Land Use Plan and Policy on Consideration of Rezoning Applications during the Broadway Planning Process.
Yuanheng acquired the site in 2012 for $30,000,000 or $101 per buildable sq ft. based on the application.
The architect for the project is Andrew Cheung Architects.