Condo, Development, Office, Retail

4-Storey Mixed-Use Building Planned for North Van Site

Cascadia Green has submitted a rezoning application to the City of North Vancouver for the redevelopment of the Midas site at 800 Marine Drive.

The 15,500 SF site is located at the corner of Marine and Fell. The OCP designates the site and surrounding areas to the north and east as Mixed Use Level 2 (MU2), which supports mixed-use development up to 6-storeys and 2.50 FSR.

The plan for the property is a new 4-storey building that includes:

  • 19 condo units;
    • 6 studios, 11 two-bedrooms and 2 three-bedrooms;
  • 9,000 SF of retail space
  • 12,000 SF of 2nd floor office space;
  • 39 parking stalls
  • a total density of 2.50 FSR.

The architect for the project is WA Architects.

The site was acquired for $7,975,000 or $206 per buildable SF based on the application.

June 10, 2022by david.taylor@colliers.com