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Apartment, Development

SOLD: East Vancouver Rental Development Site

Matt Saunders and I are pleased to announce the sale of 708 – 796 Renfrew Street in East Vancouver.

The site comprises a full city block and with 73 units is one of the largest rental projects approved to date under the Affordable Housing Choices Interim Rezoning Policy. It was put under contract prior to the pandemic and Matt and David were able to successfully navigate an extremely challenging environment to achieve a firm deal in May 2020.

For further details on this sale and project, please contact us.

September 22, 2020by david.taylor@colliers.com
Apartment, Condo, Development, Office, Retail

Westbank Revises Plan for East Broadway Safeway Site

Westbank has submitted a revised rezoning application for the 2.5 acre East Broadway site, originally proposed in September 2019.

The main change to the proposal is a shift away from primarily condos, to primarily market rental units. The revision shows a decrease in the number of condos from 520 to 236, and an increase in the number of rental units, from 160 to 452 units. Details of the updated plan include:

  • 452 secured rental units;
  • 236 strata residential units;
  • Revised tower heights from 24, 27, & 30-storeys to 25, 29, & 30 storeys;
  • 63,000 SF of retail including 50,000 SF Safeway store;
  • 48,000 SF of office space;
  • Public plaza running parallel to the SkyTrain station;
  • 486 vehicle parking spaces and 1360 bicycle parking spaces.

The application is being considered under the Grandview Woodland Community Plan(External link).

The architect for the project is Perkins + Will.

September 17, 2020by david.taylor@colliers.com
Condo, Development

35-unit Condo Slated for Main & 35th

A rezoning application has been submitted by Bogner Development Group for a small site at the corner of Main and East 35th.

The 10,000 SF site is an assembly of 3 duplexes at 5107-5119 Main Street and 196 E 35th Avenue is currently zoned RT-2. The proposed redevelopment anticipates a 6-storey condo building that includes:

  • 37 condo units;
  • 4 studios, 16 one-bedrooms, 13 two-bedrooms, 4 three-bedrooms;
  • A total density of 2.34 FSR;
  • A building height of 65 ft.;
  • 32 vehicle parking spaces and 72 bicycle parking spaces.

The application is being considered under the Little Mountain Adjacent Area Rezoning Policy.

The architect for the project is Integra Architecture.

The site was purchased in 2018 for $9,915,000 or $351 per buildable SF based on the application.

September 16, 2020by david.taylor@colliers.com
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