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Development, Rental, Retail

Two rental towers, 397 Units Planned for Mount Pleasant Site

A rezoning application has been submitted under the Broadway Plan for a site located at East 12th Avenue and Quebec Street in the Mount Pleasant neighbourhood. The one acre site is currently improved with two older apartment buildings.

The proposal is to allow for the development of two 21-storey rental towers that include:

  • 397 rental units;
  • 20% of the floor area secured for below-market rental units;
  • 11,000 SF of retail space;
  • a density of 6.6 FSR;
  • A building height of 204 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Studio One Architecture.

March 22, 2024by david.taylor@colliers.com
Condo, Development, Hotel, Retail

New Westminster Condo/Hotel Project Moving Forward

Reliance Properties has submitted a rezoning and development permit application for their 811 Carnarvon project in Downtown New Westminster.

The 48,000 SF site is located at the corner of Carnarvon Street and Eighth Street. A pre-application for the site was made in 2018.

The proposed development for the site is a mixed-use condo, hotel project with retail along Eighth and Carnarvon frontages. Details include:

  • 44-storey condo tower;
  • 8-storey hotel;
  • 469 condo units;
  • 145 hotel rooms;
  • 11,000 SF of retail space;
  • 2,000 SF dog park;
  • a total density of 9.62 FSR;
  • a tower height of 493 ft.;
  • 407 underground parking stalls.

The architect for the project is Yamamoto Architecture.

March 21, 2024by david.taylor@colliers.com
Development, Rental

141 Woodframe Rental Project Planned for East Van Site

Aragon Properties has submitted a development application for a new rental project in East Vancouver at East 49th Avenue, just West of Killarney Street in the Killarney neighbourhood.

The site was approved at public hearing for rezoning under the Secured Rental Policy in October 2023.

The proposal is for a 5-storey plus amenity level apartment building and two three-storey townhouses on this site, consisting of:

  • 141 market rental units;
  • a total density of 2.20 FSR;
  • A proposed Height of 55 ft.;
  • One level of underground parking, having vehicular access from the lane.

Under the site’s proposed RR-2B zoning, the application is “conditional” so it may be permitted. However, it requires the decision of the Director of Planning.

The site was acquired in 2022 for $15,420,000 or $151 per buildable SF based on the application.

March 14, 2024by david.taylor@colliers.com
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