17-Storey Rental Building Near 12th & Main Latest Broadway Plan Application
A rezoning application has been submitted by Prospero & Five Mile Holdings for a site at 245 East 12th Avenue in the Mount Pleasant area.
The 16,000 SF site is located in the ‘Mount Pleasant South Apartment Area – Area ‘A’ [MSAA] subarea of the Broadway Plan.
The proposal is to allow for the development of an 17-storey rental building with a three-storey podium and includes:
- 146 rental units;
- 20% below-market;
- 4,400 SF of retail space on the ground floor;
- A total density of 6.79 FSR; and
- A building height of 181 ft.
This application is being considered under the Broadway Plan.
The architect for the project is Studio One Architecture.
Own an apartment building in Metro Vancouver? I can provide a confidential opinion of current market value. — David Taylor, Colliers · 604-761-7044
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