A preliminary development application has been submitted to West Vancouver for the large-scale development of a 9-acre site located just above the Upper Levels Highway in West Vancouver, about a km East of Cypress Bowl Road.

The site at 2480 & 2510 Wentworth Ave, was previously owned by Collingwood School before a sale to Vanluxu Enterprises Ltd. in 2012 for $26,500,000, was previously approved for a 29-lot single family subdivision in 2017. That application has now been abandoned and cancelled.

The site was subsequently listed for sale in 2018 for $108,000,000, but did not sell.

The new preliminary plans contemplate a total of 585 residential units, and includes a mix of rental and strata units in seven midrise buildings alongside several townhouse buildings. The buildings are terraced to respond to the site’s sloped terrain and natural setting.

The developer will be hosting a public information meeting on their preliminary plans. The meeting will be held from 4:30–7:30 pm. on Thursday, March 12 at The Beach House Restaurant (top floor), 150 25th Street.

A 2,344 unit residential development has been proposed by Edgar Development for a 23 acre site they own in Port Moody.

The site, known as ‘Woodland Park‘, is located at Cecil Drive and Angela Drive in the College Park neighbourhood on the Western part of Port Moody. The site is currently improved with older lowrise rental apartment buildings totaling 200 units in 19 buildings scattered across the site.

Edgar acquired the site in 2018 for $97,500,000.

The site is designated Multi-Family Residential in the OCP, which permits various building forms from three, up to a maximum of six storeys in height. The site is located outside the Evergreen Line Sub-areas and therefore has not been specifically designated for development forms higher than six storeys.

The OCP and Rezoning Application contemplates a master planned redevelopment with 18 buildings from 4 to 26-storeys in height, that includes:

• 2,344 total units
• 2,319 condo units;
• 325 below market rental units for BC Housing;
• 10,000 SF of community use space;
• 5,000 SF of retail space;
• a total density of 2.15 FAR;
• neighbourhood park, play area & multi-use path around the perimeter of the property;
• seven phases to be developed over 16 years.

70% of the site is proposed to be retained as environmentally sensitive areas/green space.

The rezoning application is still in the early stages at the Community Planning Advisory Committee. Input from the committee will determine whether the application moves forward on it’s own, or as part of a larger OCP review for the area.

The proposal would join the Flavelle Oceanfront project as by far the two largest development proposals in Port Moody history.

The architect for the Woodland Park project is Acton Ostry.

A development application has been submitted for a 4-lot land assembly in the Norquay Village area of East Vancouver. The 17,891 SF site is zoned RM-9AN, which allows up to 2.0 FSR.

The proposal is for a 4-storey condo building that includes:

• 40 condo units, plus 10 rental lock-off units;
  • 3 studios, 9 one-bedrooms, 18 two-bedrooms & 10 three-bedrooms;
• a total density of 1.95 FSR;
• a building height of 43 ft.;
• one level of underground parking containing 40 stalls and 95 Class-A bicycle stalls, having access from the rear lane.

Under the site’s existing RM-9AN zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The architect for the project is Gradual Architecture.

Belford Properties has submitted their development application for a full-city block in the Cambie Corridor Phase 3 townhouse area. The 45,989 SF site comprises seven RS-1 zoned lots on the South side of West 28th Avenue between Ash and Heather Streets.

The lots were previously rezoned to RM-8A and consolidated into one lot. The proposal for the block consists of:

• 62 units in stacked townhouse and rowhouse form;
  • 24 one-bedroom units, 10 two-bedrooms & 28 three-bedrooms;
• a density of 1.19 FSR;
• a proposed height of approximately 38 feet for front and approximately 28 feet for rear buildings; and
• one level of underground parking providing 63 parking spaces, having vehicular access from the lane.

The application describes the design rationale: ” The development consists of 9 blocks arranged around a courtyard the blocks are arranged such that none of the building widths exceed 27m. While the zoning guidelines would allow for building depths of up to 14.2m we have opted for wider units with decreased depth in order to maximize access to daylight and ventilation within the units as well as provide a more generous courtyard.

Section 2.6.3 of the zoning guidelines recommends a minimum courtyard width of 7.3m, and this proposal achieves a courtyard width which varies between 9.3m and 9.9m. The individual buildings are further broken down by individually rotating each townhouse by 3 degrees and by Design Approach allowing the ground floor level for each block to step down with the sloping site. This allows for a strong expression of distinct units which is further emphasized by the use of different shades of brick, and color elements at the entrance canopies.

All units are accessed either directly from the street, or have their main entrances at the courtyard via a private patio. The courtyard can be accessed by 3 entrances along West 28th, entrances at both Ash and Heather Street as well as a 2 connections via the lane.”

Under the proposed RM-8A zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The architect for the project is Simcic + Uhrich Architects.

The site was assembled in 2018 for $33,000,000 or $602 per buildable SF.

Below is a brief snapshot of current resale condo inventory and average asking prices for newer condos (ie. two years old or newer, including assignment sales).

This analysis excludes townhouse and condos and does not break down woodframe versus concrete (hence East Vancouver pricing appears below Burnaby and Maple Ridge/Poco/Pitt Meadows is lowest).

Of note, while pre-sales activity remains sluggish overall, resales inventory for newer condos remains very low in most submarkets.

Data source: MLS