Anthem Completes Oakridge Tower Site Acquisition
Anthem Properties has completed on the purchase of a three-lot land assembly in the Oakridge Municipal Centre area of Vancouver.
The deal for the site at 5630-5688 Heather Street was originally started in 2022 and since late 2023 has been under a rezoning application for an 18-storey, 184 unit rental tower. The application was referred to public hearing on July 9, 2024.
5630-5668 Heather Street – Proposed Mixed-Use Rental Housing Development from BHA Architecture on Vimeo.
The purchase price for the site was $23,550,000, or $175 per buildable SF based on the application density.
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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