Here is a construction update for a project that many people aren’t aware of outside of the media buzz surrounding its work stoppage earlier this year. The New Jubilee House is a new 13-storey, 162-unit affordable housing project located at the corner of Richards and Helmcken. The project is replacing an existing 87-unit building located across the street, which will subsequently be replaced by a condo tower by Brenhill Development. The project was designed by GBL Architects.

I am pleased to announce the closing of another land assembly sale, this one at the corner of Granville Street & West 62nd Avenue. The 3-lot site was acquired by Coromandel Properties and now has development approvals in place under the new RM-9N zoning for a 40-unit project, in pre-marketing as “The Leveson“, expected to be complete in 2017.

Pennyfarthing Homes has applied to the the City of Vancouver to rezone a 23,625 SF site at 4976-5010 Cambie Street from RS-1 to CD-1 to allow a 7-storey residential building, the retention and heritage designation of the Wong Residence at 5010 Cambie Street, and a laneway house at the rear of the site. The proposal includes:

• 49 residential units;
• retention and heritage designation of the Wong Residence at 5010 Cambie Street;
• a maximum building height of 90 ft.;
• a density of 2.46 FSR; and
• 54 underground parking spaces and 63 bicycle parking spaces.

The application is being considered under the Cambie Corridor Plan. Pennyfarthing has already experienced success in the Cambie area with Bennington House, which is now selling.

Rendering: Shift Architecture

The retention of the Wong residence is described by the architect for the project Shift Architecture: