We are pleased to present the opportunity to purchase this approved, 5-storey rental project with retail in the Maplewood Village area of North Vancouver.

𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀

• Rezoning and development permit approved for 36 rental units with 5,100 SF of retail space
• Substantial design and site due diligence work already completed representing considerable cost savings to buyer
• Shared access ramp with neighbouring project and one level of underground parking minimize cost
• DCLs and Off-site costs already confirmed with DNV
• Project scheduled for BP issuance early 2025, with construction start to follow
• Scarce rental inventory in North Vancouver leading to strong rent growth
• Desirable location in established and flourishing Maplewood Village area
• Highly marketable to North Shore renters– walkable to all amenities, schools, also convenient access to Highway 1, Downtown Vancouver and Burnaby

https://www.collierscanada.com/en-ca/properties/approved-woodframe-rental-development-opportunity-in-north-vancouver/can-2045-old-dollarton-road-north-vancouver-bc/can2016740

Keltic Development has been given approval to move to first reading on a rezoning application for the Rev’s Bowling site at 5502 Lougheed Highway in the Brentwood area.

Keltic acquired the site in 2023 for $94,000,000.

The site is located between Lougheed Highway to the north and Goring Street to the south and is designated for High Density Multiple Family Residential within the Brentwood Town Centre Development Plan.

The development proposal is for three residential towers (60-storeys, 54-storeys and 46-storeys) with common 5-storey podium that includes residential uses, live-work units, and commercial space on the ground floor, above a shared underground parkade. A two storey amenity building is proposed in the southeast corner of the site.

Details include:

• 1,667 total residential units;
• 1,432 condos;
• 235 affordable rental units;
• a total density of 7.17 FAR.

GWL Realty Advisors Inc. has applied to the City of Vancouver for permission to redevelop the 264 ft. of frontage that they own in the 1500 Block of Robson Street at 1525-1555 Robson, at the corner of Cardero Street.

The site is an assembly of two separate site acquisitions, with the latter of the two at 1555 Robson acquired in April 2024 out of foreclosure, for $58 Million.

The plan for the combined site is two rental towers, 29-storeys and 28-storeys, with retail uses at grade. Details include:

• 393 market rental units;
• 40,000 SF of retail space on two levels (1.2 FSR);
• a total density of 9.625 FSR;
• four levels of underground parking with 251 parking stalls.

The application is “conditional” so it may be permitted. However, it requires the decision of the Development Permit Board.

The architect for the project is Arcadis.