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Condo, Development

Coromandel & Peterson Propose Condo & Social Housing for Two Oakridge Sites

Coromandel Properties and Peterson Group have submitted two concurrent rezoning applications for sites in the Oakridge area. The rezonings contemplate two condo towers on Manson Street, and the required 30% social housing requirement to be placed on a nearby site at Ash Street and West 37th.

These applications represent the first transfer of social housing density between sites in the Cambie Corridor Plan. To date, no proposals have been made in the Oakridge Municipal Centre area with a blend of condo and social housing.

Manson Street Site

The proposal on Manson Street is for an assembly of 5 single family lots at 5392-5472 Manson St. The proposal is to allow for the development of two 18-storey condo buildings over four levels of underground parking. The proposal includes:

  • 248 condo units;
    • 76 one-bedrooms, 146 two-bedrooms & 26 three-bedrooms;
  • A total density of 5.6 FSR;
  • A building height of 197 ft.; and
  • 266 vehicle parking spaces and 567 bicycle parking spaces.

The architect for this project is IBI Group.


Ash Street Site

The proposal for the site at Ash and West 37th Avenue anticipates rezoning a 3-lot single family assembly to allow for the development of the social housing component to be transferred from the Manson site above. The rezoning at 5250-5270 Ash St and 595 W 37th Ave calls for a 6-storey building that includes:

  • 77 social housing units;
  • a total density of 2.97 FSR;
  • A building height of 75 ft.; and
  • 31 vehicle parking spaces and 162 bicycle parking spaces.

The architect for the Ash Street project is NSDA Architects.

Both applications are being considered under the Cambie Corridor Plan.

December 6, 2022by david.taylor@colliers.com

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David Taylor Personal Real Estate Corporation

Colliers International

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David Taylor

Senior Vice President, Colliers Canada

David Taylor is a Senior Vice President at Colliers International in Vancouver, BC, specializing in the sale of commercial real estate across Metro Vancouver. He has sold over $1.7 Billion in office buildings, retail properties, apartment buildings and development land since 2004.

Vancouver Market chronicles investment and development activity in Metro Vancouver, including sale prices, cap rates, $/SF metrics, and market context for commercial real estate transactions.

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