Polygon has completed on the acquisition of a 0.71 acre site comprising the surface parking lot at Regent College, adjacent the UBC campus on Wesbrook Mall and University Boulevard.

The completion follows the University Endownment Land’s recent approval of a rezoning of the site to allow an 18-storey, 4.0 FAR residential building that includes 108 condos and 49 affordable rental units above ground floor retail.

The sale price for the site was $28,697,000, equating to $234 per buildable SF based on the gross buildable area in the approved application.

Oxford Properties has submitted their rezoning application for 11 East 4th Avenue, a 24,185 SF site at the northeast corner of East 4th and Ontario Street in Mount Pleasant.

The proposal for the site is to allow for the development of a 8-storey mixed-use industrial building and includes:

• 78,000 SF of office/lab space;
• 78,000 SF of industrial space;
• 6,800 SF of ground floor retail space;
• a total density of 6.70 FSR; and
• A building height of 146 ft.

This application is being considered under the Broadway Plan.

The site was acquired by Oxford in 2021 for $30,500,000, or $187 per buildable SF based on the application.

The architect for the project is Chernoff Thompson Architects.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/11-15-e-4-ave

Strand has submitted a new rezoning application for their site at 360 West 2nd Avenue, which was previously approved for rezoning in 2021 for a 7-storey for lease industrial and office project, branded ‘Three Sixty‘.

Office market conditions and the subsequent adoption of the Broadway Plan have led to design changes incorporating extra height, density and residential rental units, and removal of most of the proposed office space.

The new proposal anticipates a 19-storey mixed-use building that includes:

• 203 rental units;
• 33,319 SF of industrial space;
• 16,424 SF of office space;
• a total density of 11.81 FSR;
• A building height of 211 ft.

This application is being considered under the Broadway Plan. The application requires Official Development Plan (ODP) and Regional Growth Strategy (RGS) amendments.

The architect for the project is Yamamoto Architecture.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/302-360-w-2-ave