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Apartment, Condo, Development, Office, Retail

Two Tower Project Proposed for Cambie & 41st Site

Polygon has submitted their application to rezone the 34,000 SF Oakridge Plaza site that they own at the Southeast corner of Cambie & West 41st Avenue, across from Oakridge.

5740 Cambie Street is currently zoned C-2 and is improved with two office buildings leased to mostly medical tenants.

The rezoning proposal consists of a mixed-use development with a 14-storey market rental tower and a 27-storey market strata tower and includes:

  • 80 market rental units;
    • 10 studios, 31 one-bedrooms, 39 two-bedrooms;
  • 133 condo units;
    • 14 one-bedrooms, 104 two-bedrooms, 14 three-bedrooms & one penthouse;
  • 12,500 SF of retail space;
  • 20,800 SF of market office space;
  • 46,000 SF of non-profit office space;
  • a total density of 8.61 FSR;
  • tower heights of 278 ft., and 148 ft.;
  • 288 underground parking spaces and 559 bicycle spaces.

The application is being considered under the Cambie Corridor Plan.

The architect for the project is Dialog.

The full rezoning application can be viewed here: https://rezoning.vancouver.ca/applications/5740cambiest/index.htm

June 24, 2019by david.taylor@colliers.com
Condo, Development, Retail

47-Unit Building Proposed for Cambie & 16th Site

Wesgroup has submitted their rezoning application for the former Chevron site at the Southeast corner of Cambie & 16th. The application seeks to rezone 3220 Cambie Street from C-2 to a Comprehensive Development District. The proposal for the 14,881 SF site consists of a 6-storey concrete mixed-use development and includes:

  • 47 condo units;
    • 26 one-bedrooms, 16 two-bedrooms & 5 three-bedrooms;
  • 7,800 SF of ground floor retail space;
  • a total density of 3.79 FSR; 
  •  building height of approximately 77.4 ft.; and
  • two levels of underground parking with 38 spaces and 96 bicycle spaces.

 

This rezoning application is being considered under the Cambie Corridor Plan.

Wesgroup acquired the site from Chevron in 2017 for $18,604,470, or $331 per buildable SF based on the application.

The architect team for the project is American firm Olson Kundig, in partnership with IBI Group.

June 24, 2019by david.taylor@colliers.com
Condo, Development, Retail

117-Unit Project Planned for Port Moody Site

Porte Development  has submitted a rezoning application to the City of Port Moody for two properties with a combined site area of 40,041 SF located at 3227 and 3239 St. Johns Street. The two lots are currently occupied by an automotive shop and an auto dealership.

The application proposes a new 6-storey mixed commercial/residential project comprising:

  • 117 condo units;
    • 68 one-bedrooms, 39 two-bedrooms and 10 three-bedrooms;
  • 10,379 SF of retail space on the ground floor;
  • a total density of 2.80 FAR;
  • 181 underground parking stalls;
  • a total CAC charge of $595,706 ($5.30 per SF)

As part of the project, Porte has proposed an affordable housing program which consists of:

  • a “locals-first” marketing program where Port Moody residents will have an opportunity to purchase a unit before sales are opened to the wider public;
  • a 3% discount to Port Moody community workers
  • a housing agreement to ensure that any future residential strata corporation cannot enact bylaws or regulations that would preclude an owner from renting their unit; and
  • a total of 10 rental units (nine market units and one below-market unit) The proposed below-market unit would be rented for 10% below market rates.

The architect for the project is Integra Architecture.

June 21, 2019by david.taylor@colliers.com
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