Millenium Development has submitted a rezoning application for a new rental tower proposal at 2170 West 1st Avenue, near the corner of Yew Street in the Kitsilano area of the Broadway Plan.

The 21,000 SF site is located in the Kitsilano North – Area B (KKNB) policy area of the Broadway Plan.

The proposal calls for a 20-storey rental tower with a 4-storey podium and includes:

• 185 rental units;
• 20% below market;
• 6,300 SF of commercial space;
• A total density of 6.80 FSR;
• A building height of 212 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Chris Dikeakos.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/2158-2170-w-1-ave

Anthem Properties has completed on the purchase of a three-lot land assembly in the Oakridge Municipal Centre area of Vancouver.

The deal for the site at 5630-5688 Heather Street was originally started in 2022 and since late 2023 has been under a rezoning application for an 18-storey, 184 unit rental tower. The application was referred to public hearing on July 9, 2024.

5630-5668 Heather Street – Proposed Mixed-Use Rental Housing Development from BHA Architecture on Vimeo.

The purchase price for the site was $23,550,000, or $175 per buildable SF based on the application density.

A rezoning application has been submitted by Prospero & Five Mile Holdings for a site at 245 East 12th Avenue in the Mount Pleasant area.

The 16,000 SF site is located in the ‘Mount Pleasant South Apartment Area – Area ‘A’ [MSAA] subarea of the Broadway Plan.

The proposal is to allow for the development of an 17-storey rental building with a three-storey podium and includes:

• 146 rental units;
• 20% below-market;
• 4,400 SF of retail space on the ground floor;
• A total density of 6.79 FSR; and
• A building height of 181 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Studio One Architecture.

The former Gardenworks site at 705 West 3rd Street in North Vancouver has sold to Western Canadian Properties Group for $14,400,000.

The 24,346 SF site has an approved rezoning application for a 6-storey, 70-unit rental building with a child care facility on the ground floor. The plans had been developed by a joint venture between Omicron and Lotus Pacific, who had originally acquired the site in 2017. The site is essentially ‘shovel ready’.

The sale price equates to $237 per buildable SF based on the approved density of 2.50 FSR.

Cape Group has submitted a rezoning application for a site at 320 East 2nd Avenue in the Mount Pleasant area of the Broadway Plan.

The site is located in the Mount Pleasant Centre – Area H Subarea of the Broadway Plan.

Construction had started on a previously approved 5-storey, 95-unit rental project. The partially excavated site has been on pause awaiting the new application for a tower.

The proposal for the 20,249 SF site is a 20-storey building with a 5-storey podium and includes:

• 139 condo units
• 26 social housing units (20% of the floor area)
• 6,300 SF of ground floor retail space;
• 15,000 SF of 2nd floor office space;
• a total density of 7.00 FSR;
• A building height of 238 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Chris Dikeakos.