Strand has completed on the acquisition of a lowrise rental site on Vancouver’s Westside. The site is a two-lot single family assembly totaling 26,300 SF at 6065-6075 Collingwood Place, near the intersection of Dunbar and SW Marine Drive.

Strand passed public hearing in November on a rezoning proposal under the Secured Rental Policy (“SRP”) to allow a 5-storey, 34-unit rental building.

Under the SRP, the site is located on an eligible arterial road and is able to rezone under the RR-2A (four-storey), RR-2B (five-storey) and RR-2C (six-storey with 20% of residential floor area secured as below-market rental units) zones. Out of the eligible options, Strand chose to rezone to RR-2B which permits rental units up to five-storeys in height and 2.20 FSR.

The $14,170,000 purchase price equates to $225/buildable SF based on the approved rezoning application.

Shape Properties has submitted a rezoning application to amend the master plan for their 28-acre ‘Amazing Brentwood‘ site in the Brentwood Town Centre area of Burnaby.

The master plan for the Amazing Brentwood site was originally approved in 2013 and included 11 residential towers in addition to substantial retail and commercial space. Subsequently, five towers have been completed (or under construction), with two further towers in the application phase. The remaining density on site is now subject to the City of Burnaby’s Rental Use Zoning Policy (RUZP), adopted in 2021.

Furthermore, on November 30, 2023, the BC Legislature granted Royal Assent to Bill 47- 2023
Housing Statutes (Transit-Oriented Areas) Amendment Act 2023. Bill 47 enables the Province to mandate specific densities, size, and/or dimensions of buildings within transit-oriented areas (TOAs) based on specific distances to transit stations, and restrictions on residential off-street requirements within these
TOAs. The Amazing Brentwood site is within a 200m radius of the Skytrain Station, thereby requiring the City of Burnaby to permit a minimum 5.0 FAR density for the site.

Shape is now proposing a variety of amendments to the Master Plan to accommodate the required additional nonmarket inclusionary rental density, associated offset density and new TOA policy.

The proposed changes are summarized as follows:

• Increased tower heights up to 80-storeys at centre of site;
• An additional 4.7 Million SF of residential density (2.4M SF minimum rental);
• No additional commercial floor area (the RUZP allows 50% of comm density as rental residential);
• Addition of childcare space;
• Additional green space.

We are pleased to reintroduce this pre-assembled 30,000 SF site in the Maplewood Area of Vancouver. Preliminary plans are in place for a 6-storey, 77-unit woodframe rental development at 1.88 FAR. All plans and reports are in place and ready for submission to the District of North Vancouver for an OCP amendment and rezoning.

The site is currently designated for 1.20 FAR townhouse development and there are existing plans with planning feedback for a 27-unit townhouse development.

The asking price is $8,900,000 or $161 per buildable SF based on the preliminary plans. Please reach out to us for further details.

https://www.collierscanada.com/en-ca/properties/for-sale-north-vancouver-townhouse-development-opportunity/can-526-550-riverside-drive-2194-windridge-avenue-north-vancouver-british-columbia-canada/can2009932

Beedie Living has submitted a rezoning and OCP Amendment application to the City of Port Moody for a 3.8 acres site in the Moody Centre area of Port Moody.

The overall plan, entitled “Spring Street” includes three condo towers at 3060-3092 Spring St. and 80-85 Electronic Avenue, just east of the Moody Centre SkyTrain station. The proposal anticipates a 6-storey non-market building targeted as a womens’ transition facility on a smaller site two blocks West at 2806 Spring Street.

Details of the combined proposal for the two sites includes:

• Three condo towers (32, 34 & 38-storeys in height);
• 1,012 residential units (inclusive of 65 non-market);
• 46,484 SF of retail & restaurant space;
• a total density of 5.26 FAR;
• a large plaza on the site referred to as the “living room”
• 1,199 parking stalls.

It is expected that the project will be built in two phases.

The architect for the project is Perkins&Will.

Sightline Properties has submitted a rezoning application for a site in the South Granville area for a new rental residential project.

The site at 1726 West 11th Avenue is 31,250 SF and located at the corner of 11th Avenue and Pine Street.

The proposal is to allow for the development of 20-storey and 19-storey rental towers over a four-storey podium and includes:

• 283 rental units;
• 20% of the floor area secured for below market rental units (approximately 57 units);
• retail space on the ground floor;
• A density of 6.80 FSR;
• A building height of 208 ft.
• 216 undeground parking stalls.

This application is being considered under the Broadway Plan.

The architect for the project is Ciccozzi Architecture.