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Condo, Development

District of North Van to Reconsider Edgemont Townhouse Project

Wesgroup has submitted a new application to the District of North Vancouver to rezone and develop a townhouse project on a site in Edgemont Village.

A previous townhouse proposal for the 33,000 SF site was rejected by DNV council at fourth reading in 2018 amid concerns about the pace of construction and development in the Edgemont area.

The property is located in an area of the OCP that allows for townhouses up to 3-storeys and a density of 1.20 FSR. It is located at the southeast corner of Ridgewood Drive and Ayr Avenue, and is currently occupied by four single-family homes. The Grosvenor mixed-use development is across the street to the west and Amica Seniors Living is to the south.

The updated proposal for the site includes:

  • 32 townhouse units;
  • 12 two-bedrooms & 20 three-bedroom units;
  • 900 to 1,500 SF unit sizes;
  • a total density of 1.18 FAR;
  • one level of underground parking with 64 spaces;
  • $1.7 Million in off-site works;
  • DCC’s of $420,400;
  • CAC of $772,439 ($18.50 per SF).

The architect for the project is Integra Architecture.

The site was originally assembled by Boffo Properties in 2016 and later sold to Wesgroup following the rejection of the 2017 rezoning proposal.

September 27, 2023by david.taylor@colliers.com
Apartment, Condo, Development

Proposal for Langara Gardens Site Includes 2,600 Condo, Rental & Social Housing Units

The formal rezoning application by Concert Properties and Peterson Group for Langara Gardens has been released publicly.

A rezoning policy statement for the 20.8 acre site had been completed in 2018 and the full rezoning application had been anticipated since that time.

The proposal is for the redevelopment of the site with buildings between 3 and 36 storeys. The existing four 18-storey towers would be retained. The proposal includes:

  • Approximately 430 social housing units;
  • Approximately 760 rental units (including 85 below-market units);
  • Approximately 1,430 strata units;
  • 3.1 FSR total density (2.7M SF);
  • A 69-space childcare facility;
  • Public open spaces, Cambie Park upgrades, a new 1-acre park.

The application is being considered under the Langara Gardens Policy Statement and the Issues Report: Direction for Intensification of Large Sites to include Moderate Income Rental Housing.

The full rezoning application can be viewed here.

The architect for the project is James Cheng Architects.

The site was originally sold by Colliers to Peterson Group in 2009 for $157,000,000. Concert Properties was brought on as a 50% partner in 2015.

September 20, 2023by david.taylor@colliers.com
Apartment, Development

Revised Proposal for Oak & 41st Site Includes More Rental Units/Density

Wesgroup has submitted a revised rezoning application to the City of Vancouver for a site that they own at the Southwest corner of Oak Street and West 41st Avenue.

A previous rezoning application for the site from 2020 envisioned 222 rental units in 8 and 16-storey buildings and a total density of 5.03 FSR based on the guidelines in the 2018 Cambie Corridor Plan.

The new proposal seeks to increase the density and overall number of units via an increase in building heights above what is prescribed in the Cambie Plan.

The revised plan for the site envisions a 25-storey and 17-storey building over a 6-storey podium and includes:

  • 357 rental units with 20% of the floor area secured for below market rental units (approximately 72 units);
  • 16,000 SF of retail space;
  • A total density of 7.31 FSR;
  • A building height of 258 ft. and 176 ft.; and
  • 224 vehicle parking spaces and 696 bicycle parking spaces.

The application makes note of the fact that the site sits adjacent three other large-scale projects that have taller towers, including the Louis Brier site (20-30 storeys), the Oakridge Transit Centre site (20-26 storeys) and the Jewish Community Centre site (25-27 storeys).

The architect for the project is Arcadis (formerly IBI Group).

September 20, 2023by david.taylor@colliers.com
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