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Development, Office, Retail

7-Storey Office Building Planned for Seymour Street Site

A development application has been submitted by Bene Group for a 7,500 SF site in Downtown Vancouver at 852-872 Seymour Street. The development proposal is for a 7-storey office building with heritage retention and commercial at the ground level.

Details include:

  • 41,240 SF of office space;
  • A building height of 70 ft.;
  • Total density of 5.5 FSR (including 10% Heritage Preservation Bonus)
  • Three levels of underground parking with 34 stalls.

The proposal entails preservation and restoration of the existing 1926 heritage building on site. The site area is 62.5 x 120 ft.

Under the site’s existing DD zoning, the application is “conditional” so it may be permitted. However, it requires the decision of the Director of Planning.

The subject property sold in 2020 for $15,000,000, or $364 per buildable SF based on the application.

The architect for the project is Arno Matis Architecture.

July 11, 2022by david.taylor@colliers.com
Development

SOLD: North Vancouver Development Site

Pleased to announce that the sale of Maplewood Plaza, a 1.7 acre mixed-use development site in the Maplewood Village area of North Vancouver, has completed.

This site was previously approved for rezoning to allow a 6-storey, 193-unit residential project with retail at grade.

Please contact me for further details.

June 14, 2022by david.taylor@colliers.com
Apartment, Development

57-Unit Rental Building Proposed for Central Lonsdale

A rezoning application has been submitted for an existing apartment property at 124 West 20th Avenue in the City of North Vancouver.

The proposal seeks to replace an aging 22-unit rental apartment building with a new 6-storey rental apartment building.

The property is located in the Central Lonsdale area, along the north side of West 20th Street, between Lonsdale Avenue to the east and Chesterfield Avenue to the west. The site is designated Residential Level 5 (R5) in the OCP. It supports a maximum density of 2.60 FSR (including 1.0 bonus FSR for purpose built rental housing).

The proposal for the site includes:

  • 57 rental apartment units;
    • 5 studios, 23 one-bedrooms, 22 two-bedrooms & 7 three-bedrooms;
  • a total density of 2.59 FSR;
  • 53 parking stalls.

The architect for the project is RLA Architects.

June 10, 2022by david.taylor@colliers.com
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