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Development

438-Room Hotel Planned for West Broadway

A rezoning application has been submitted to the City of Vancouver to rezone the site at 878-898 West Broadway, between Laurel Street and Willow Street, currently improved with an older 117-room 7-storey hotel Park Inn & Suites, which was built in 1965. The owner of the property is Dingye Property Group Ltd.

The proposal consists of the construction of two high-rise hotel buildings (13 and 11 storey, respectively) including a mixed-use podium, to be comprised of:

    • 28,839 SF of retail use at grade;
    • 438 hotel units (258 short-term and 180 long-term stay);
    • a proposed density of 8.38 FSR;
    • a building height of 142 ft; and
    • 485 underground car parking spaces, 35 bicycle spaces, and on-site loading.

The application describes the rationale for the project: “The existing structures on the site represent an underutilization of land for this strategic location. With the expansion of the Vancouver General Hospital and the more recent announcements regarding an expansion of a rapid transit line along the Broadway Corridor, the timing for the rezoning of the site to build on the demand for new retail and hotel uses in the area is now.”

The rezoning is being considered under the Metro Core Job and Economy Land Use Plan.

The architect for the project is Arno Matis Architecture.

The full rezoning application can be viewed here: http://rezoning.vancouver.ca/applications/878wbroadway/index.htm

June 22, 2018by david.taylor@colliers.com
Condo, Retail

365 Units Planned for Alderbridge Way Site

Just West of the 7960 Alderbridge rezoning posted below, Onni has applied to the City of Richmond for permission to develop the second phase of their Riva project.The rezoning would allow the site at 7811 Alderbridge Way to be redeveloped from the current industrial use to a mixed-use mid-rise residential and limited commercial development on a property in the City Centre’s Lansdowne Village.

The 4.7 acre site is located on the north side of Alderbridge Way at Minoru Boulevard adjacent the first phase of Riva. 

The City Centre Area Plan (CCAP) Lansdowne Village Specific Land Use Map designates the site as “Urban Centre T5 (25m)”  and allows for a maximum average net development site density of 2.0 FAR. 

The plan calls for two buildings, one 6-storeys and the other 5-storeys, including:

  • 365 residential units
    • 343 condo units;
    • 22 affordable housing low end market rental units;
  • 3,000 SF of retail space;
  • a total density of 2.0 FAR;
  • a one and a half level parkade structure that is partially lowered in the site;
  • 516 parking space;
  • indoor and outdoor amenity spaces;
  • extension of Minoru Boulevard, widening of Alderbridge Way.

The architect for the project is Yamamoto Architecture.

June 22, 2018by david.taylor@colliers.com
Apartment, Condo, Development, Office, Retail

Mixed-Use Development Planned for 4.9 Acre Richmond Site

A formal rezoning application has been submitted to the City of Richmond for permission to develop the project called “Atmosphere” at the corner of No. 3 Road and Alderbridge, across from Lansdowne Shopping Centre. The developer is South Street Development Group.

The 4.9 acre site at 7960 Alderbridge Way and 5333 & 5411 No.3 Road is in the City Centre High Density Mixed Use (Urban Centre T6) designation area of Richmond’s City Centre plan and allows for rezoning for residential and commercial uses.

The project envisions a podium and tower form of development with three levels of below grade parking, ground level commercial, one office tower and six residential towers.

Full details of the rezoning application include:

  • a total of 872,585 SF;
  • 824 residential units;
    • 674 condos;
    • 112 market rental units;
    • 38 affordable housing units;
  • 71,163 SF of retail space;
  • 129,172 SF of office space;
  • a total density of 3.89 FAR;
  • improvements to No. 3 Road & Alderbridge.
  • a new North-South Road.
  • 1,161 parking spaces.

The site sold in September 2017 for $113,000,000, or $130 per buildable SF based on gbl arthe application.

The architect for the project is GBL Architects, and the marketing company is Magnum Projects.

June 22, 2018by david.taylor@colliers.com
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