18-Storey Rental Tower Planned for Oakridge Site

Gracorp has submitted a rezoning application for a 3-lot land assembly in the Oakridge Municipal Centre area. The 19,091 SF site at 427-449 West 39th Avenue is in the Cambie Corridor Phase 3 Plan for high density residential.

The proposal is to allow for the development of an 18-storey residential building that includes:

  • 176 secured market rental units (including 34 below market rental units);
  • A total density of 6.10 FSR;
  • A building height of 199 ft.;
  • 69 vehicle parking spaces and 337 bicycle parking spaces.

The application is being considered under the Cambie Corridor Plan.

The architect for the project is MCM Architects.

Own an apartment building in Metro Vancouver? I can provide a confidential opinion of current market value. — David Taylor, Colliers  ·  604-761-7044