Peterson Group has applied to the City of Vancouver to develop a site at the Southeast corner of East Boulevard and West 43rd Avenue in the Kerrisdale neighbourhood of Vancouver.

The plan for the 19,515 SF site includes a new 6-storey rental apartment building, allowable under the existing C-2 zoning:

• 79 market rental units;
  • 25 studios, 24 one-bedrooms, 25 two-bedrooms & 5 three-bedrooms;
• a total density of 3.70 FSR;
• 87 underground parking stalls.

The architect for the project is NSDA Architects.

Jadasi Development has submitted a rezoning application for the Fountain Tire site at 880 West 15th Street in North Vancouver.

The 13,202 SF site is located mid-block in the 800-block of West 15th Street, between Fell Avenue
and Marine Drive and is designated Mixed Use Level 2 in the Official Community Plan. This designation allows for a mix of commercial and residential uses with a maximum density of 2.5 FSR and a maximum height of 6-storeys.

The proposal is for a new 5-storey rental building that includes:

• 41 rental units;
  • 6 studios, 20 one-bedrooms, 10 two-bedrooms & 5 three-bedrooms;
• 3,552 SF of retail space;
• a total density of 2.50 FSR;
• 32 parking spaces.

The architect for the project is Gateway Architecture.

A rezoning application has been submitted for a site at 5019-5039 Payne Street in the Joyce-Collingwood area of East Vancouver.

The proposal is to allow for the development of a 14-storey condo building that includes:

• 117 condo units;
  • 76 studios/1-Beds, 37 two-bedrooms and 4 three-bedrooms;
• A total density of 4.50 FSR;
• A building height of 140 ft.; and
• 78 vehicle parking spaces and 306 bicycle parking spaces.

The application is being considered under the Joyce-Collingwood Precinct Plan.

The architect for the project is Opulence Architecture.

Rize Alliance & Minto have acquired a 5-lot land assembly on Heather Street in the Oakridge area of Vancouver for $47,300,000.

The 42,260 SF site is located on the East side of Heather Street between West 37th and West 39th Avenues. There is no publicly available rezoning application at this stage but the Cambie Corridor Plan designates the Property for an 18-storey rental tower.

Keltic Development has acquired the 4.3 acre Revs Bowling & Entertainment site at 5502 Lougheed Highway in the Brentwood Area of Burnaby for $94,000,000.

The site is improved with a bowling alley but has long been targeted for redevelopment given it’s designation as High Density Residential within the City of Burnaby’s Brentwood Community Plan.

Macdonald Commercial’s marketing brochure from 2021 indicates that the maximum potential density for the site is 8.30 FAR, which could yield over 1.5 Million SF of residential density.