The Jim Pattison Group has acquired a 22,500 SF site at the Southeast corner of West Broadway and Balaclava Street in Kitsilano for $30,750,000. The site is zoned C-2C which allows a maximum density of 3.0 FSR; based on the existing zoning this price equates to $456 per buildable SF. There is no news yet on redevelopment plans.
A rezoning application has been submitted for a property at Templeton and Oxford in East Vancouver.
The proposal is to allow for the development of a 6-storey market rental building. The zoning would change from RM-3A (Residential) District to CD-1 (Comprehensive Development) District. The proposal includes:
The application is being considered under the Grandview-Woodland Community Plan.
The architect for the project is Stuart Howard.
I am pleased to announce the sale of a eight lot, 63,050 sq. ft. townhouse development site at the corner of Oak Street and West 37th Avenue.
Our team worked with the assembly group of eight owners to secure a successful sale deal. The buyers, a partnership of Citimark and Grosvenor, will be unveiling their concept for a proposed townhouse development in the coming months.
