A development application has been submitted by Bene Group for a 7,500 SF site in Downtown Vancouver at 852-872 Seymour Street. The development proposal is for a 7-storey office building with heritage retention and commercial at the ground level.
Details include:
- 41,240 SF of office space;
- A building height of 70 ft.;
- Total density of 5.5 FSR (including 10% Heritage Preservation Bonus)
- Three levels of underground parking with 34 stalls.
The proposal entails preservation and restoration of the existing 1926 heritage building on site. The site area is 62.5 x 120 ft.
Under the site’s existing DD zoning, the application is “conditional” so it may be permitted. However, it requires the decision of the Director of Planning.
The subject property sold in 2020 for $15,000,000, or $364 per buildable SF based on the application.
The architect for the project is Arno Matis Architecture.
