A development application for a proposed townhouse development in the Mount Pleasant area of East Vancouver proposes to retain and restore an older single family house located at 367 East 16th Avenue, zoned RM-4N and to develop townhouse units. The site is located on the North side of East 16th Avenue between Sophia and Prince Edward Streets, and is comprised of three single family lots, each 33 feet wide and 123 feet deep. Details of the design, by Studio One Architecture include:

• 15 townhouse units
• a total density of 1.45 FSR (max)
• 17 underground parking spaces
• a building height of 36.5 feet
• 3-storey woodframe on top of concrete underground
• building on piles due to peat and groundwater

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A two acre property in Richmond’s City Centre area has sold for $24,550,000. The site, at 7100 Elmbridge Way, is currently occupied by industrial buildings, but is designated within the City of Richmond’s City Centre Area Plan for Urban Core T6 in the Landsdowne Village sub-area. This designation allows for redevelopment for mixed-use including residential up to 2.0 FAR.

The buyer was Xpec Development. Xpec has other projects on the go in Vancouver including sites on Fraser Street and Oak Street.