A rezoning application has been submitted for a 7,400 SF site at 3084 West 4th Avenue and 2010 Balaclava Street. The site is currently zoned RM-4 and the rezoning seeks to allow for the development of a 6 storey residential building that includes:

• 35 market rental units (with 20% of the residential floor area assigned to moderate income households)
  • 8 studios, 14 one-bedrooms & 13 two-bedrooms
• a total density of 2.95 FSR;
• a building height of 66 ft.); and
• 15 underground parking stalls and 54 bike spaces.

The application is being considered under the Moderate Income Rental Housing Pilot Program.

The architect for the project is Ekistics Architecture.

Coromandel Properties has completed on the acquisition of two lots at West 57th Avenue and Laurel Street in the Cambie/Marpole area of Vancouver for $44,000,000. The two lots comprise 1.3 acres and add to a land assembly that now totals 1.97 acres.

The lots in question include a large vacant, treed lot on West 57th, as well as a single family lot fronting Laurel Street.

The lots are connected to the separately owned Salvation Army Homestead site which will be similarly redeveloped in the future as part of a different development with a shared roadway dedication linking Laurel Street and Oak Street.

The lots form part of a ‘Unique Site’ designation in the Cambie Corridor Plan, which will allow rezoning for:

“new development (that) will include low- and mid-rise buildings that provide an active residential street interface. New connections through the site and an enhanced public realm along 57th Avenue will integrate the site into the mixed use community.

…Allow a range of housing types, emphasizing low-rise apartments or townhouses on the southern portion of the site and lower mid-rise buildings internal to the site.”

It is also anticipated that the heritage house at 7255 Laurel Street will be preserved and possibly relocated on site as part of a rezoning proposal.

No rezoning application has yet been made public nor density figures announced.

Admiral Operations Ltd. has applied to the City of Vancouver for a development permit for a new townhouse project located on the West side of Oak Street between West 55th Avenue and West 57th Avenue. The site comprises two single family lots, 7239 & 7255 Oak Street.

The proposal calls for two three-storey townhouses and rowhouse buildings. Details include:

• 18 townhouse units including:
  • 3 one-bedrooms, 5 two-bedrooms & 10 three-bedroom units;
• Unit sizes ranging from 520 to 1,227 SF;
• one level of underground parking having vehicular access from the rear lane.

Under the site’s proposed RM-8AN 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 Formwerks.

The site was assembled in 2018 for $7,960,000, or $463 per buildable SF based on the application.