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Apartment, Development

Rental Apartments Planned for East Vancouver Site

Decorus Developments has filed a rezoning application for a C-1 zoned strip retail property at the corner of Broadway and Renfrew in East Vancouver. The plan for the site at 2894 East Broadway calls for rezoning from the existing C-1 to allow a new rental apartment buildings that includes:

    • A new 4-storey building
    • Commercial use at ground level;
    • Total of 37 secured market rental units on the 3 upper storeys;
    • A height of 46.4 ft.;
    • A density of 2.65 FSR.

This application is being considered under the Secured Market Rental Housing (Rental 100) Program.

2894 East Broadway_12894 East Broadway 2894 East Broadway_2

February 16, 2016by david.taylor@colliers.com
Development

12-Storey Building Planned for Southeast False Creek

Aurmon Development has applied to rezone a 24,160 SF site that it owns at West 2nd and Wylie Street in the Southeast False Creek area. 371 West 2nd Avenue is currently zoned M-2 (Industrial) and the proposal is for a 12-storey building (10 storeys plus 2 penthouse levels) above a 6-storey podium (5 storeys plus 1 penthouse level). The proposal includes:

    • 132 strata condo units;
    • 78 one-bedrooms, 38 two-bedrooms and 12 three-bedrooms
    • A height of 130 ft;
    • A density of 4.11 FSR
    • Three levels of underground parking

This proposal is being considered under the Southeast False Creek Official Development Plan (ODP).

372 West 2nd 372 West 2nd_1 372 West 2nd_2The full rezoning application can be viewed here.

The site was acquired by Aurmon in 2010 for $9,650,000, or $114 per buildable SF.

February 16, 2016by david.taylor@colliers.com
Development

7-Storey Residential Building Planned for Kits

A development permit application has been submitted for a 50′ x 120′ site at the Northwest corner of West 11th Avenue and Maple Street in Kits; across from Lord Tennyson Elementary School. The plan for the C-7 zoned site calls for retention of the two-storey heritage building on the lane redevelopment of the existing retail building into a 7-storey residential building. Details include:

  • 8 units in total
  • 3 townhouse units and 5-units in floors 3-7 (one suite per floor, all 3-bedrooms)
  • Total density of 2.44 FSR (18,316 SF)
  • 2 levels of underground parking
Existing site

Existing site

2001 West 11th_1The architect for the project is Ankenman Marchand Architects.

The site had been listed for sale with CBRE in 2015 for $4,988,000, and sold in September 2015 for $4,950,000; equivalent to $270 per buildable SF.

February 16, 2016by david.taylor@colliers.com
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