Source: REBGV Stats

Trump Tower is weeks away from topping out and is apparently over 70% sold.

Westbank Corp. has taken over a proposed rental tower site in the West End. The site, located at 1754-1772 Pendrell Street, was originally proposed for a rezoning back in 2010 for a market condo project by DTKH with some rental units. The newly revised application by Westbank includes:

• A 21 storey tower, with a maximum height of 190 ft
• 171 rental units, including 43 studios, 51 One-Bedroom, 72 Two-Bedroom, and 3 Three-Bedroom units
• A density of 6.55 FSR

Westbank has recently recieved occupancy on their other new West End rental tower, The Lauren, also designed by Henriquez.

The transit plebiscite is getting a lot of media coverage as the campaigns on both sides of the debate ramp-up. For those not familiar, a proposed 0.5% Metro Vancouver Congestion Tax is being proposed to fund the Mayor’s Council transportation plan, which includes a Broadway Rapid Transit Line, Surrey Rapid Transit Line, new Pattulo Bridge and new B-Line bus services. Mail-in ballots will be sent out beginning March 16, 2015 with voting until May 29, 2015. More information about the referendum and the transit plan is available here.

Which way are you leaning?

[poll id=”8″]

An application has been filed for a 90 x 132 ft., C-2 zoned property at 540 Victoria Drive in the Grandview Woodlands area of East Vancouver. The proposed plan includes:

• a new 4-storey building
• 2 CRU’s on the main floor (one for a new Bosa Foods store)
• 27 rental apartment units on the 2nd to 4th floors
• A density of 2.38 FSR (1.75 residential)
• 1 level of underground parking

Cornerstone Architecture explains the rationale for the project:

“This development provides a mixed-use residential and commercial building that will stand as a legacy project for the Bosa Foods company, which has been a long term part of the community. The development is to provide a mixture of  1, 2 and 3 bedroom rental suites across the upper 3 storeys.”