89 Rental Units Planned for Main & 32nd
Strand Development has submitted a rezoning application for a 20,164 SF site that it owns at Main Street and East 32nd Avenue in Vancouver. The site at 4745-4795 Main Street is currently a surface parking lot that is zoned C-2 which allows up to 4-storeys, while the rezoning anticipates a 6-storey rental building including:
- 89 market rental units;
- 16 studios, 42 one-bedrooms, 25 two-bedrooms & 6 three-bedrooms;
- 12,432 SF of retail space;
- a density of 3.67 FSR;
- a maximum height of 72 ft.; and
- 80 underground parking stalls and 156 bike spaces.
The application is being considered under the Secured Market Rental Housing (Rental 100) Policy.
The application describes the design rationale: ” The proposed massing along Main Street is comprised of three components including a six storey corner element on the southeast corner of the site, a centralized four storey street wall characterized by a rhythm of repeating balconies, and a five storey book end. By providing different massing components characterized by differing widths and heights, the building reads as three distinct but related components, thereby reducing the overall scale of the building as viewed from the street frontage. “
The site was acquired in December 2018 for $19,243,000, or $251 per buildable SF based on the application.
The architect for the project is Yamamoto Architecture.