Revised Proposal for Oak & 41st Site Includes More Rental Units/Density
Wesgroup has submitted a revised rezoning application to the City of Vancouver for a site that they own at the Southwest corner of Oak Street and West 41st Avenue.
A previous rezoning application for the site from 2020 envisioned 222 rental units in 8 and 16-storey buildings and a total density of 5.03 FSR based on the guidelines in the 2018 Cambie Corridor Plan.
The new proposal seeks to increase the density and overall number of units via an increase in building heights above what is prescribed in the Cambie Plan.
The revised plan for the site envisions a 25-storey and 17-storey building over a 6-storey podium and includes:
- 357 rental units with 20% of the floor area secured for below market rental units (approximately 72 units);
- 16,000 SF of retail space;
- A total density of 7.31 FSR;
- A building height of 258 ft. and 176 ft.; and
- 224 vehicle parking spaces and 696 bicycle parking spaces.
The application makes note of the fact that the site sits adjacent three other large-scale projects that have taller towers, including the Louis Brier site (20-30 storeys), the Oakridge Transit Centre site (20-26 storeys) and the Jewish Community Centre site (25-27 storeys).
The architect for the project is Arcadis (formerly IBI Group).