Polygon has prepared a proposal including two options for a development at 119 – 131 West Esplanade in North Vancouver, also known as “Site 8”. The site also includes lands owned by City of North Vancouver. The overall rezoning application seeks an amendment to the City’s OCP to increase the allowable building height and to rezone the site to allow the construction of a mixed-use building consisting of a residential tower over a commercial podium. This would be supported by four levels of underground parking.

The site was previously owned by Millenium Properties who proposed a 35-storey tower back in 2007, which was subsequently withdrawn. The site later sold to Polygon.

Two development options are being presented for the City of North Vancouver’s consideration:

Option 1 – with Non-Market Office Space

• 11-storey tower with 107 residential units
• a building height of 122 ft.
• a total density of 3.78 FSR
• sale of City lands, transfer density and density bonus resulting is a cash contribution of $10.3 Million.
• 6,000 SF of office space owned by Polygon and rented at below market rates to non-profits

Option 2 – with Community Amenity Space

• 12-storey tower with 117 residential units
• a building height of 139 ft.
• a total density of 4.07 FSR
• sale of City lands, transfer density and density bonus resulting is a cash contribution of $8.7 Million.
• 16,155 SF of City-owned community space for a museum

In both scenarios, the site has to accommodate almost 100 parking spaces for off-site uses.

View from Esplanade

The architects for the project are DYS Architecture and Nigel Baldwin Architects.

The City of Vancouver has placed a 1.42 acre property up for sale at 601 Beach Crescent. The irregularly shaped site sits just East of the Granville Street bridge, and mirrors the Vancouver House site at 1400 Howe Street (though the site has a smaller site area).

City of Vancouver planning documents identify the currently vacant site for a similar height as the Vancouver House project, at 425 feet (though Vancouver House was subsequently approved at 497 feet).

The offer submission date is July 27th, 2016.

Chard Development has submitted a rezoning application for a site it owns at Main & East 5th Avenue in Mount Pleasant.

The proposal for the 23,261 SF site is  to rezone from the current IC-2 zoning to CD-1 under the Mount Pleasant Community Plan. The proposal consists of a 6-storey mixed-use building over three levels of underground parking and includes:

• A total of 51 market residential units
• 20 One-bedrooms, 27 two-bedrooms & 4 three bedrooms
• A floor area of 69,783 SF;
• Commercial uses on ground floor including a restaurant
• A total density of 3.0 FSR
• A building height of 6-storeys and 78 ft.;
• 68 commercial parking stalls and 54 residential parking stalls; and
• 82 bicycle stalls.

The architect for the proposed project is Proscenium Architecture Inc.

Chard has recently had success in the sales of their Ellsworth project just two blocks South at Main & 7th. The project’s 89 units are nearly sold out.