A rezoning application has been submitted by Larco for a new infill apartment building next to an existing building they own at 5455 Balsam Street, known as Fontainebleu Apartments, at the Northwest corner of Balsam and West 39th Avenue in Kerrisdale.
The proposal is to allow for the addition of a 15-storey infill residential building on the 57,599 SF site, while retaining the existing 14-storey, 88-unit building.
The proposal for the infill component includes:
- 145 market rental units;
- 57 studios, 35 one-bedrooms & 53 two-bedrooms;
- 15th floor amenity space;
- A total new density of 1.88 FSR (total density of 3.63 FSR)
- A building height of 130 ft.;
- 58 underground vehicle parking spaces and 278 bicycle parking spaces
The application is being considered under the Secured Rental Policy.
The building massing and setbacks are based on the RM-3 zoning.
The architect for the project is Rositch Hemphill Architects.