Third Space Properties has submitted a development application for a site at 10th & Discovery in the Point Grey Village area of Vancouver. The plan for the site includes a new 6-storey rental building with:

• 69 market rental units;
• 6,200 SF of retail space;
• a density of 3.50 FSR;
• a building height of 72 ft.;
• Two levels of underground parking with access off the lane.

Under the site’s existing C-2 zoning, the application is conditional so it may be permitted. However, it requires the decision of the Director of Planning.

From a media release: “Residents will have access to shared indoor and outdoor amenities, including a versatile lounge and coworking area designed to provide space for gathering, studying, and working. The building design seeks to fit into the existing village scale, while serving as a gateway to Point Grey Village. Streetscapes along both 10th Avenue and Discovery Street have been carefully planned, featuring active retail and residential frontages, alongside generous setbacks to encourage comfortable movement, adding to the vibrancy of one of Vancouver’s oldest village centres, Point Grey.”

Teh architect for the project is Integra Architecture.

Rezoning and special development permit applications have been submitted by Merchant House Capital to the City of New Westminster for a site at 65 1st Street on the Eastern edge of the Downtown area of New Westminster, near the Pattullo Bridge.

The 49,729 SF site is improved with an 1980’s era lowrise strata building with 61 units that was converted to rentals, called Kinnaird Place.

The site is currently zoned RM-2 which allows a density of 1.80 FSR, but under the new TOA legislation, the site can be built up to 3.0 FSR.

The proposal for the site is for two towers, 35-storeys and 30-storeys in height, and includes:

• 633 residential units;
  • a 329 unit rental tower;
  • a 304 unit condo tower;
• a total density of 10.58 FSR;
• building heights of 400 ft. and 344 ft.;
• 401 underground parking stalls.

The architect for the project is Arcadis.

The site was acquired by Merchant House in 2021 for $22,750,000, or $45 per buildable SF based on the proposed density in the application. The site was listed an sold by Macdonald Commercial in 2021.

QuadReal has unveiled preliminary concept plans for the redevelopment of Capilano Mall in North Vancouver. The plans are being unveiled for community input before a more detailed application in 2025, including a required OCP Amendment.

The 17-acre property has been the subject of preliminary planning on and off since 2019, but got underway again in 2023.

Overall concept details include:

• 11 Towers, 12-40 storeys in height;
• ~ 3,100 residential units;
• 30% rental;
• 10% mid-market rental;
• 152,000 SF of retail/commercial space;
• 1.5 acres of public/park space
• a 20-30,000 SF community centre;
• a total density of 4.0 FSR.

Further info can be found on the project’s consultation website: https://www.reimaginecapilano.com/

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.