Apartment, Development, Rental, Retail

116-Rental Tower Latest Broadway Plan Application

A new rezoning application has been submitted for a site in the South Granville area of the Broadway Plan.

The 12,507 SF mid-block site is located at 1365 West 12th Avenue, on the North side of West 12th between Hemlock and Birch Streets. The site is currently improved with a 3-storey walkup apartment building with 19 units known as Shamrock Manor.

The proposal is to allow for the development of a 20-storey rental building that includes:

  • 116 market rental units;
  • 20% below market rental units (approximately 23 units);
  • 14 studios, 34 one-bedrooms, 56 two-bedrooms & 12 three-bedrooms;
  • 2,300 SF of retail space on the ground floor;
  • A total density of 6.50 FSR;
  • A building height of 222 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Sea to Sky Architecture.

The site was acquired in February 2022 for $9,450,000 or $116 per buildable SF based on the application.

February 16, 2024by david.taylor@colliers.com