Alabaster Homes has applied to the City of Vancouver for permission to develop a three lot land assembly at the Southwest corner of Oak Street and West 47th Avenue. The site totals 27,876 SF and was rezoned to RM-8AN under the Cambie Corridor Phase 3 Plan.

The proposal for the site is a 4-building stacked townhouse development that includes:

• 36 units;
  • one-bedroom flats & three-bedroom townhouses
  • unit sizes from 511 to 1,523 SF;
• a total density of 1.20 FSR;
• proposed height of 38 feet for the front buildings and 31 feet for the rear buildings;
• 37 underground parking spaces.

Alabaster assembled the site in 2018 for $14,550,000, or $425 per buildable SF.

The architect for this project is Formwerks.

A Cambie Corridor Phase 3 Townhouse site at 46-66 West King Edward has sold in a $12,730,000 to Sightline Properties. The sale equates to $471 per buildable SF.

The three lot assembly totals 22,500 SF and is located within the Townhouse area of the Cambie Corridor Phase 3 Plan. The total permitted density is 1.20 FSR.

Sightline acquired the neighbouring three lots in 2018 for $560 per buildable SF and is launching the pre-sales for their project ‘Just West‘, which will be the first phase. The six lots have now been consolidated.

A rezoning application has been submitted for a three-lot land assembly on Cambie Street, just North of West 62nd Avenue.

The site at 7730-7770 Cambie Street is 25,511 SF and currently zoned RT-1.

The proposal calls for two 6-storey residential buildings with townhouses at grade. Details include:

• 68 condo units;
  • 6 studios, 21 one-bedrooms, 21 two-bedrooms & 7 three-bedrooms;
• a total density of 2.70 FSR;
• a maximum height of 67 ft) for Building A and 61 ft. for Building B; and
• 94 underground parking stalls and 163 bicycle spaces.

The application is being considered under the Cambie Corrirdor Plan.

The site was assembled in 2016 for $14,200,000, or $199 per buildable SF.

The architect for the project is Ankenman Marchand.