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Development

FOR SALE: High-Density Transit-Oriented Development Site

We are pleased to introduce a 35,000 SF land assembly adjacent 22nd Street Skytrain Station in New Westminster. This assembly represents a rare opportunity to acquire a high-density residential site immediately adjacent a transit station.

BRO_22nd Street StationPlease download our brochure here: BRO_22nd Street Station Final E. Contact us for further details.

March 1, 2017by david.taylor@colliers.com
Apartment, Development

6-Storey Rental Building Planned for Kingsway

Another week, another rental apartment building rezoning application under the City of Vancouver’s Rental 100 program. This one is for a 12,300 SF site (99′ x 122′) located on the North side of Kingsway near Fraser Street. The application to for 855 Kingsway calls for a rezoning from the existing C-2 zoning to CD to permit the development of a six-storey mixed-use building. This is a concurrent rezoning and development permit application.

The proposal includes:

    • 49 secured market rental units;
    • 14 studios, 18 one-bedrooms, 12 two-bedrooms and 5 three-bedroom units
    • 4,043 SF of retail at grade;
    • A total density of 3.30 FSR;
    • A building height of 68.9 ft.; and
    • 25 underground parking spaces.

855 Kingsway855 Kingsway_1 855 Kingsway_2This application is being considered under the Secured Market Rental Housing (Rental 100) Policy.

The architect for the project is Cornerstone Architecture.

The site had sold in 2015 for $3,668,000, or approximately $91 per buildable SF.

February 28, 2017by david.taylor@colliers.com
Development

33-Unit Project Planned for Chinatown

James Schouw and Associates has applied to the City of Vancouver for permission to develop on a 6,098 SF site next to Beedie’s controversial project at Keefer and Columbia. The plan for the existing vacant site is for a 10-storey mixed-use building with commercial uses on the first two floors and residential uses above. The proposal includes :

  • 33 residential units;
  • total floor area of 49,323 SF;
  • 8,000 SF of commercial space;
  • building height of approximately 88 ft.; and
  • 3 levels of underground parking containing 39 parking spaces.

129 Keefer_2 129 Keefer_1 129 KeeferThe plan also calls for the commercial space to have frontage on both the Keefer side and the laneway.

Under the site’s existing HA-1A zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

February 27, 2017by david.taylor@colliers.com
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