Bonnis Properties has submitted a rezoning application to the City of Vancouver to rezone a 17,433 SF site it assembled earlier this year at 1965-1981 Main Street. The plan is to rezone from IC-2 to CD-1 under the Mount Pleasant Community Plan for the purpose of developing a 6-storey mixed-used building. The proposal includes:
The site was acquired in 2013-2014 for a total of $9,690,000, or $185 per buildable SF.
After months of speculation about a potential sale, Morguard has officially completed the sale of 1500 West Georgia Street to Bosa Properties (1500 Holdco) Inc. for a reported $120,500,000.
The 193,000 SF A Class office building sits on a very valuable and partially underutilized 43,320 SF, full-block site at the Southeast corner of West Georgia and Cardero and has been a landmark in Vancouver since it was built in the late 1970’s.
Any future redevelopment plans of the plaza area are not known at this time.
By ChangingCity
This ‘mystery’ application appeared on the Development Permit Board schedule a few weeks ago. 308 West Hastings today is a single storey former bank, alongside Victory Square. Here’s the render of the projects, intended to be “a new 6-storey mixed-use building containing commercial uses (ground floor), institutional uses (second floor), and residential rental units (third to sixth floors) under the Rental 100 Program”. The image shows it’s for Simon Fraser University, and there will be 52 rental units (aimed at post-graduate students) designed by Raymond Letkeman Architects.Source: Changing City
