Scotiabank has sold their branch location at the Northwest corner of Dunbar and West 41st Avenue for $14,000,000, or $343 per buildable SF based on current redevelopment potential. The 16,320 SF, C-2 zoned property was put up for sale on the market in 2015. The buyer is Luxurious Property Ltd.

Next Pacific has applied to rezone an 11,128 SF, two lot assembly site at 151-157 West 41st Avenue from RS-1  to CD-1 to allow a townhouse development that includes:

• a 4-storey building on West 41st Avenue;
• a 2.5-storey building on Woodstock Avenue;
• 15 residential units between 833 SF – 1,847 SF
• a total density of 1.9 FSR; and
• 19 underground parking spaces and 25 bicycle spaces.

The application is being considered under the Cambie Corridor Plan and Riley Park/South Cambie Community Vision. The architect for the project is DYS Architecture.

A development application has been filed for a new townhouse project in Marpole; one of nearly a dozen that have been brought forward in the new RM-8 zone created in the Marpole Community Plan in 2014. The proposal in question is by Alabaster Homes for a 22,027 SF site at 8107-8123 Shaughnessy Street (one block East of Oak). The site comprises an assembly of four existing single family lots. The proposal includes:

• 15 courtyard townhouse units (1,426 – 1,712 SF)
• 3 & 4-bedroom units
• three 2.5 storey buildings
• 28 ft. courtyard
• one level of underground parking

Existing 4-single family houses

The architect for the project is Formwerks Architectural.

Alabaster has other townhouse projects in the works in Marpole, including Osler Residences (currently in pre-sales) and Oak & Park.