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Apartment, Development

466-Unit, Two Tower Project Planned for Burquitlam

Cressey has submitted a rezoning application for a 1.8 acre site at 430-450 Westview Street, just East of North Road and South of Austin Avenue in the Burquitlam Area of Coquitlam.

The site is zoned RM-4 but designated as high-density residential in the Lougheed Neighbourhood Plan and is currently occupied by two older lowrise apartment buildings containing a total of 101 rental units.

The redevelopment plan includes a new condo development with a rental development replacing the existing units at a ratio of 2:1. Details include:

  • Two towers -a 35-storey condo tower & a 22-storey rental tower
  • 264 condo units (average 675 SF) 106 one-beds, 153 two-beds and 5 three-beds
  • 202 rental units (average 714 SF) 35 studios, 96 one-beds, 68 two-beds & 3 three-beds
  • total density of 5.0 FAR (3.04 condo & 1.96 rental)
  • 27,064 SF of amenity space including an outdoor pool
  • 679 underground parking spaces

430 Westview430 Westview_1430 Westview_3430 Westview_4430 Westview_2The architect for the project is Chris Dikeakos.

April 3, 2017by david.taylor@colliers.com
Development

Social Housing Plans Unveiled for 58 West Hastings Site

A rezoning application has been submitted for a site owned by the City of Vancouver at 58 West Hastings Street. This is the large (32,228 SF) vacant lot on the South side of Hastings between Abbott and Carrall Street.

Plans for social housing on the site were first unveiled by the City back in 2016 after many years of discussion and several lengthy periods of the site being occupied as a homeless camp.

The proposal is for a ten-story mixed-use building with:

  • Seven floors of housing, with 222 social housing units;
  • 54 two-bedroom units
  • Retail and Health Care Office uses on floors 1-3;
  • One level of underground parking;
  • A total density of 6.6 FSR; and
  • A building height of 105 feet.

58 W Hastings 58 W Hastings_1 58 W Hastings_2The proposal includes a healthcare clinic and medical and dental offices will occupy the rear portion of the ground floor, as well as the second and third floors. Residential rental social housing with self-contained apartment units are located on the upper floors.

This rezoning application is being considered under the Rezoning Policy for the Downtown Eastside and the Downtown Eastside Community Plan.

The architect for the project is W.T. Leung Architects.

March 31, 2017by david.taylor@colliers.com
Development

Wesgroup Acquires Chevron Site on Dunbar

Wesgroup Properties has acquired the Chevron site at Dunbar and West 39th Avenue on Vancouver’s Westside. The 18,009 SF C-2 zoned site sold for $19,400,000, or $430 per buildable SF based upon the density permitted under the existing zoning.

5505 DunbarThe gas station site was one of a few properties offered for sale by Chevron in 2016. Others included the site on West Georgia downtown, and a now closed commercial station at Clark & 1st.

March 29, 2017by david.taylor@colliers.com
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