The formal rezoning application for PCI‘s Spring Street application has been released. The preliminary application for the 2.9 acre site was submitted in 2023 and has now been revised for full submission following the TOA legislation.
The site is located east of the Moody Centre SkyTrain Station north of Spring Street and east of Williams Street and consists of four lots, three of which are owned by PCI and the fourth by the Ministry of the Transportation and Infrastructure (MoTI). MoTI intends to retain ownership of this lot, with a long-term lease to PCI for use as a plaza along with four levels of below-grade parking connected to the below grade parking on the PCI owned properties.
The overall plan for the site includes:
- 865 rental units including 44 below market units;
- 67,000 SF of commercial space including a 41,000 SF grocery store;
- a total density of 6.96 FSR;
- 4,000 SF as ground level ‘artist space’;
- a new pedestrian overpass;
- a minimum of 400 parking stalls.
The architect for the project is Perkins + Will.