40-Unit Condo Building Slated for New West Site

Applications have been submitted to the City of New Westminster in order to rezone a site at 909-915 Twelfth Street, at the corner of Twelfth and London Streets at the edge of the Moody Park Neighbourhood. The 13,000 SF combined site is currently older single storey commercial buildings.

The proposal for the site is a 5-storey condo building that includes:

• 40 condo units;
• 2 studios, 14 one-bedrooms, 18 two-bedrooms & 6 three-bedrooms;
• a total density of 2.50 FAR;
• a building height of 64 ft.;
• 61 underground parking spaces.
• purchase of a portion of the City-owned lane.

The architect for the project is Vivid Green Architecture.

The site was assembled in 2017 for $4,460,000 or $136 per buildable SF based on the application.