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Development, Office, Retail

Details Emerge for 450 West Georgia Office Tower

Austeville Properties has submitted their rezoning application for 450 West Georgia Street, a mostly vacant lot with two smaller buildings at West Georgia and Richards. The site is located between Deloitte Summit (400 West Georgia) and Telus Garden.

The proposal calls for a 23-storey office building with retail at grade. Details include:

  • 374,068 sq. ft. of office space;
  • 1,500 sq ft. of retail space;
  • a building height 286 ft.;
  • a total density of 15.65 FSR;
  • 270 vehicle parking spaces and 236 bicycle spaces

This application is being considered under the Rezoning Policy for the Central Business District (CBD) and CBD Shoulder.

The architect is W.T. Leung Architects.

February 16, 2020by david.taylor@colliers.com
Apartment, Development

35 Rental Units Proposed for West 4th Site

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.

February 11, 2020by david.taylor@colliers.com
Development

1.3 Acre West 57th Ave Site Trades in $44 Million Deal

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.

February 11, 2020by david.taylor@colliers.com
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