A Cambie Corridor Phase 3 Townhouse site at 46-66 West King Edward has sold in a $12,730,000 to Sightline Properties. The sale equates to $471 per buildable SF.

The three lot assembly totals 22,500 SF and is located within the Townhouse area of the Cambie Corridor Phase 3 Plan. The total permitted density is 1.20 FSR.

Sightline acquired the neighbouring three lots in 2018 for $560 per buildable SF and is launching the pre-sales for their project ‘Just West‘, which will be the first phase. The six lots have now been consolidated.

Rize Alliance has submitted their development application for The Grid, a 10-storey office and light industrial project located on the South side of Terminal Avenue (306 Terminal), currently a Tim Hortons.

Details include:

• Ground floor brewery/distillery/ancillary restaurant space;
• 29,000 SF of industrial/manufacturing space;
• 118,000 SF of office space;
• 3 levels of underground parking w/192 stalls;
• a building height of 48 ft.; and
• a total density of 5.0 FSR.

Under the site’s existing I-3 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

A description of the project is provided in the application: “The project seeks to provide flexible floor plates that are suitable for all approved uses in the I-3 Zoning District Schedule. This is accomplished by providing open floor plans with generous floor-to-floor heights and robust electrical and mechanical infrastructure. Each suite is organized around a compact central core allowing for daylight penetration deep into the floorplate. Access to daylight, fresh air and views are provided through double height exterior communal spaces on the upper levels 3-10. The central core will connect tenants to a robust loading facility located on the ground floor level complete with a shared freight elevator servicing the industrial areas, and as well to an enhanced end of trip facility for commuters located on L2. The main level exterior plaza will provide opportunity for a communal social space for the occupants of the building, while also encouraging pedestrian flow from Terminal Avenue South into the Creative hub. “

The architect for the project is OMB.

Rize acquired the site in 2017 for $15,500,000, or $106 per buildable SF.

A rezoning application has been submitted for a three-lot land assembly on Cambie Street, just North of West 62nd Avenue.

The site at 7730-7770 Cambie Street is 25,511 SF and currently zoned RT-1.

The proposal calls for two 6-storey residential buildings with townhouses at grade. Details include:

• 68 condo units;
  • 6 studios, 21 one-bedrooms, 21 two-bedrooms & 7 three-bedrooms;
• a total density of 2.70 FSR;
• a maximum height of 67 ft) for Building A and 61 ft. for Building B; and
• 94 underground parking stalls and 163 bicycle spaces.

The application is being considered under the Cambie Corrirdor Plan.

The site was assembled in 2016 for $14,200,000, or $199 per buildable SF.

The architect for the project is Ankenman Marchand.

A rezoning application has been submitted by Lotus Capital for a 4-lot land assembly at 2246-2268 East Broadway. The proposal is for a 6-storey condo building that includes:

• 57 condo units
  • 24 studios, 11 one bedrooms, 16 two-bedrooms & 6 three-bedrooms;
• a total density of 2.65 FSR;
• a building height of 64 ft.; and
• 47 underground parking stalls, 4 surface parking stalls, and 114 bicycle spaces.

The application is being considered under the Grandview-Woodland Community Plan.

The architect for the project is Omicron.

Here is a look at some of the current preliminary development proposals that are in the works in the District of North Vancouver.

1080 Marine Drive

Staburn Group is planning a new 4-storey residential and retail building on this site which has been a Blueshore Financial location.

The proposal includes 32 condos above 6,896 SF of retail space with 76 parking spaces (62 for residents, 14 for retail customers). The Official Community Plan designates this site as Commercial Residential Mixed-Use Level 1 (CRMU1). The total proposed density is 1.75 FSR.

The retail component is actively being marketed for sale or lease by Colliers.

Staburn acquired the site from Blueshore in 2017 for $7,600,000.

1235 Marine Drive

This former Subaru dealership is proposed to be redeveloped to allow a new 4-storey condo above retail project consistent with the OCP for the Marine Drive corridor.

The rezoning application proposes 39 condos above 6,772 SF of retail space with 62 parking spaces. Similar to 1080 Marine Drive, the proposal seeks a density of 1.75 FAR.

The architect for this project is Proscenium Architecture.

1900-1950 Sandown Place

This application is for an assembly of three single family lots on Sandown Place, just West of Capilano Road in the Lions Gate Village townhouse area.

The application as submitted proposes 22 townhomes in a three-storey building with 44 parking spots in an underground parkade. The total density is 1.20 FAR.

The architect for this project is Matthew Cheng Architect Inc.

2045-2075 Old Dollarton Road

A rezoning application has been submitted for this 12,368 SF site in the Maplewood Village area of North Vancouver.

The application as submitted proposes 36 condos above 4,148 SF of commercial space in a 5-storey building with 60 parking spaces (41 for residents, 9 for visitors, 10 for retail customers). The total density is 2.50 FAR.

The site sold in 2018 for $5,500,000, and more recently has been listed for sale by CBRE.

3700-3718 Edgemont Boulevard

The owner of this heritage fourplex on Edgemont Boulevard between Edgemont Village and Capilano Road has submitted a prelinary application to redevelop the site.

The application proposes relocating the existing heritage fourplex on the site, and then adding either: 

• an additional 25 duplex homes (for a total of 29 homes) plus 40 parking stalls in an underground parkade, or
• an additional 33 row homes (for a total of 37 homes) plus 51 parking stalls in an underground parkade
• a total density of 0.84 FAR in either scenario.

In both options, the relocated fourplex would be fully restored, designated as a heritage resource, and secured as below-market rental housing for low to moderate income families for a minimum of 10 years.

The site sold in 2018 for $5,120,000.