Aria Pacific Development has submitted a rezoning application for a full city block site at Cambie Street between West 27th and West 28th Avenue in Vancouver.
The 40,444 SF site was acquired in 2022 for $34,000,000 ($284 per buildable SF based on this rezoning application).
The proposal is to allow for the development of a 7-storey concrete condo project that includes:
- 130 condo units;
- 51 one-bedrooms, 63 two-bedrooms & 16 three-bedrooms;
- 10,700 SF of retail space;
- a total density of 2.96 FSR;
- A building height of 89 ft. with additional height for rooftop amenity space.
This application is being considered under the Cambie Corridor Plan.
The architect for the project is Rafii Architects Inc.
The application explains the rationale for not pursuing 12-storeys, 4.0 FSR in the TOA Rezoning Policy.
The site is located in the Tier 2 radius of the King Edward Canada Line transit station. It will allow a 12-storey building height and 4 FSR, rather than the 6-storey and 2.5 FSR guideline under the current zoning. Since there are numerous uncertainties associated with the proposed changes, this application is being submitted under the current zoning and design guidelines. However, some relaxations are being proposed.
