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.