I am pleased to have acted on behalf of the Vendor in the sale of Cranberry Lane, an 88-unit apartment complex in the Hamilton area of Richmond.
An application has been made for an 18,314 SF site at West 35th Avenue and Quebec in the Little Mountain area. The plan calls for rezoning the site at 5021-5079 Quebec Street from RS-1 to CD-1 to allow a 6-storey building that includes:
- 42 residential units;
- a building height of 65 ft. from grade;
- a density of 2.3 FSR; and
- 51 underground parking spaces and 66 bicycle spaces.
The application is being considered under the Little Mountain Adjacent Area Rezoning Policy.
This is the third project planned in the Little Mountain Adjacent Area, bringing the total number of units planned so far to 121. 5030 Quebec Street by Boffo Properties was approved in February 2015. 5037 Main Street, also by Boffo was approved in March.
Concord Pacific has applied to the City of Vancouver for permission to develop their 57,365 SF site, which is comprised of a full city block at West 1st Ave and Columbia Street. The site is one of the larger remaining undeveloped parcels in the SEFC area and was originally proposed by Concord back in 2012; having been rezoned previously in 2008. The current plans call for a 17-storey curved residential building and includes the following:
- 247 dwelling units;
- 200,540 SF total building area
- a density of 3.5 FSR
- 249 off-street parking spaces in 2 levels of underground parking
- 154 feet in total height
- 139 1-bedroom units, 96 2-bedroom units and 12 lofts/3-beds
- 28,000 SF of outdoor common area including urban agriculture, water features, playground and BBQ areas
Concord bought the property back in 2011 for $25,000,000.
