By ChangingCity

Here’s another development proposal for a narrow site in the Downtown Eastside. Christopher Bozyk Architects has designed this 9-storey 60 unit project for a fifty feet wide lot next door to Stan Douglas’s artists studio (that was built about five years ago). We first featured it 18 months ago when details of the design were first released.

Our revised render shows the version now illustrated on the sales website, and there are signs on site that construction might commence soon. The project has two floors of commercial space and a shared landscaped rooftop garden, and the developer is Port Capital Group who are building the interestingly designed 2211 Cambie project now called South Creek Landing.

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Source: Changing City

Source: Bank of Canada

By ChangingCity

This 6-storey residential over retail building will need to get a rezoning before the developer can obtain a Development Permit. It’s featured on the website of the architects, Studio One, and is in the Mount Pleasant Plan stretch of Main Street that allows a change to residential on upper floors. The plan limits heights in the central stretch of 2nd to 7th, so this Main and 4th Avenue project (on the west side) looks to meet the requirements of the plan.

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Source: Changing City

The Inverness Apartments located at 1325 Pendrell Street in the West End has sold for $5,170,000, or $246,224 per unit. The two-storey,  21-unit heritage style building was listed for sale back in May for $5,275,000, or a 3.5% cap rate.