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Development, Rental

172 Unit Rental Tower Latest Broadway Plan Proposal

A new rezoning application has been submitted by JTA Development Consultants on behalf of Prospero International Realty Inc. and Five Mile Holdings Ltd. for a site in the Broadway Plan area. 1190 West 10th Avenue is an 18,800 SF site at the Southeast corner of West 10th and Alder in the Fairview neighbourhood.

The site is identified under the Broadway Plan in Fairview South – Area A, which allows up to 20-storeys and 6.50 FSR for new rental development. A bonus 0.3 FSR and one-storey is permitted for provision of ground floor commercial.

The site is currently improved with an older lowrise rental apartment building.

The plan for the site is a 21-storey rental tower that includes:

  • 172 rental units;
  • 20% of the units below market;
  • 5,113 SF of retail space;
  • a total density of 6.80 FSR;
  • A building height of 228 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Studio One Architecture.

February 20, 2024by david.taylor@colliers.com

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