Sightline Properties has submitted a rezoning application for a site at 1125 West 10th Avenue in the Fairview neighbourhood of the Broadway Plan. The site is 100′ x 125′.
The proposal is to allow for the development of a 21-storey rental building that includes:
This application is being considered under the Broadway Plan.
The architect for the project is Ciccozzi Architecture.
The full application can be viewed here: https://www.shapeyourcity.ca/1125-w-10-ave
A strip mall located at 8989-8999 Young Road in Chilliwack has sold for $5,675,000, equating to a 5.60% cap rate.
The 18,127 SF building is fully leased and located on a 32,255 SF site. The OCP for the site allow future redevelopment for up to 4-storeys residential mixed-use.
Jack Allpress and Joey Yoo of Marcus & Millichap represented the Sellers in the transaction.