GEC Proposing 26-Storey Rental Tower for Cambie & 48th Site
GECC (Global Education Communities) has submitted a rezoning application for a site they own at the corner of Cambie & 48th in Vancouver.
The site was previously rezoned for a 10-storey, 78-unit market rental project, but was then sold in 2024 to GECC by Casey Weeks and Morgan Iannone of Colliers.
Under the new TOA rezoning policy, a new proposal “GEC Langara” has been brought forward to allow for the development of a 26-storey rental building and includes:
- 182 rental units (20% below market);
- 1,100 SF of retail space;
- a total density of 10.24 FSR; and
- A building height of 261 ft.
The application is being considered under the Transit-Oriented Areas Rezoning Policy and Cambie Corridor Plan. The application requests consideration of density and height in excess of the existing policies.
The 2024 sale at $17,500,000 equates to $111 per buildable SF.
The architect for the project is Urban Solutions Architecture.
The full rezoning can be viewed here: https://rezoning.vancouver.ca/applications/6428-6438-cambie-st-and-480-488-w-48-ave/application-booklet.pdf
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