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Apartment, Condo, Development

Port Moody Project Revised for Micro Suites

BLDG Development (W. Laidler Sales Corporation) has submitted a revised application to the City of Port Moody for a site first pitched for a rental project in August 2019.

The 18,000 SF site is located at 148-154 James Road, just East of Moody Middle School. The 2019 proposal was for a 6-storey rental and condo building with 64 conventionally sized units and a density of 3.14 FAR.

The modified application would keep the 6-storey building form, but would include the following:

  • 114 units (92 strata, 22 rental);
  • 66 studios, 43 one-bedroom units & 5 two-bedroom units;
  • Average units sizes of 359 SF for studios, 472 SF for one-bedrooms;
  • a reduced total density of 3.0 FAR;
  • 68 parking stalls.

In a unique model, the project would contain “a total of 22
rental units (for a period of ten years) and 92 strata units. Of these units, 11 rental units and 11 strata units would be reserved for lower income earners who earn less than $51,000 per year.

The 11 strata units would have a restriction on resale for two years. There would be no restrictions placed on the remaining 11 rental units.
Although a total of 11 rental and 11 strata units would be reserved for persons earning less than $51,000 per year, it is unknown at this time whether the rental rates or purchase prices would be reduced to an amount that would be considered as below-market or affordable housing. As a
reference, the BC Housing 2019 Housing Income Limits (HILs) rates would suggest a monthly rent of $1,288 for a one-bedroom or studio unit, but likely does not take into consideration the smaller micro dwelling style units, as proposed with this project.
“

In addition, a pre-release of the units would be available for and marketed specifically to:

  • persons earning less than $51,000;
  • persons aged 65 years and older;
  • persons with mobility challenges;
  • families where two generations are seeking to reside in separate units in the same building; and
  • persons who qualify for BC Housing’s Shelter Aid For Elderly Renters (SAFER) program.

The architect for the project is Integra Architecture.

The project is at the Community Planning Advisory Committee and would require referral back to Council for approval.

May 7, 2020by david.taylor@colliers.com
Apartment, Development, Retail

103 Rental Units Slated for Kingsway Site

Rize Alliance has submitted a rezoning application for 810 Kingsway, a 24,800 SF site currently occupied by Sammy’s Flooring.

The proposal for the site is a 6-storey rental building under the City of Vancouver’s Secured Market Rental Housing (Rental 100) Policy.

Details include:

  • 103 market rental units;
  • 31 studios, 36 one-bedrooms, 29 two-bedrooms & 7 three-bedrooms;
  • 11,210 SF of retail space at grade;
  • a total density of 3.62 FSR;
  • a maximum height of 72 ft.; and
  • 92 underground parking stalls and 193 bike spaces.

The application describes the design rationale: “The C-2 guidelines have informed building stepbacks along Kingsway and rear-yard setbacks towards the lane. The intersection of Kingsway and Prince Albert Street is oblique, creating a flat iron condition. At this prominent corner, we are proposing a six story element that folds away from the Kingsway frontage, providing a visual landmark as well as space for a landscaped, publicly accessible plaza.
The grade of the site slopes steeply down from Kingsway south along Prince Albert Street. This grade change allows us to insert two-level townhouses fronting the lane without raising the building height relative to Kingsway. The five, three-bedroom, two-level townhouses along the lane provide valuable ground-oriented rental units suitable for families. These townhouses help to create a transition to the single-family homes to the south while providing animation and passive surveillance along the lane.
“

The architect for the project is Yamamoto Architecture.

April 28, 2020by david.taylor@colliers.com
Condo, Development

178 Units Proposed for Burquitlam Site

Purewest Properties has submitted a rezoning and development
permit application to the City of Coquitlam for a 1.5 acre site on Rochester Avenue in the Burquitlam area.

The site is an assembly of 8 single family lots located on both Rochester and Madore Avenues, west of Guilby Street in the Medium Density Apartment Residential in the Burquitlam Lougheed Neighbourhood Plan (BLNP). There are approximately 500 lowrise units in various stages of development within a block of the site.

Plans for the site include a ‘C-Shape’ 7-storey building (viewed as 6-storeys from all frontages except interior) with:

  • 178 condo units;
  • 90 one-bedrooms, 68 two-bedrooms & 20 three-bedrooms;
  • $417,000 in voluntary CAC payment;
  • a total density of 2.30 FAR;
  • 248 underground parking spaces.

The architect for the project is Ciccozzi Architecture.

Purwest assembled the site in 2018 for $25,400,000 or $153 per buildable SF based on the application.

April 26, 2020by david.taylor@colliers.com
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