The District of West Vancouver has given first reading to a final draft of the Ambleside Centre Local Area Plan (LAP).

The Ambleside LAP has been in the works since early 2022, and has gone through multiple rounds of public engagement and refinement by planning staff. The affected area is generally along Marine Drive from 13th to 18th Streets.

Here are the recommended land use policies:

• Zoning updates to allow 3-4 storeys on most lots in the LAP, including on small lots
• Five sites designated ‘Waterfront’ along Bellevue West of 15th allowing taller forms through rezoning
• Four sites along parts of Clyde and Duchess allowing taller forms through rezoning

The LAP will go for public hearing in June and if approved, would form part of the OCP shortly thereafter.

A presentation on the Ambleside LAP can be viewed here: https://westvancouver.ca/media/6103

Colliers presents the opportunity to acquire a rezoned and pre-assembled 18,750 SF townhouse site on a quiet street.

The site is near DP and BP approval for a 20-unit townhouse project.

Asking Price: $11,500,000

Please contact me for further details and to access the data room.

Listing website

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:

• 162 units with 20% of the floor area for below-market units;
• 1,900 SF of retail space on the ground floor;
• a total density of 9.06 FSR;
• a building height of 224 ft. with additional height for rooftop amenity space.

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.

The latest Broadway Plan rezoning application is for an 18-storey tower at 360 East 14th Avenue in the Mount Pleasant area of East Vancouver.

The site is located just West of Mount Saint Joseph Hospital. The plan for the site includes:

• 137 units with 20% of the floor area for below-market rental units;
• a total density of 6.50 FSR;
• A building height of 186 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Stuart Howard.

The full application can be viewed here: https://www.shapeyourcity.ca/360-e-14-ave