Pennyfarthing Development Corp. has made an application to rezone an assembled site at 357-391 West King Edward Avenue (one block East of Cambie) from RS-1 to CD-1 District. The proposal is for a residential development consisting of one 4-storey building and 2-storey townhouses along the lane.
The proposal includes:
- 43 residential units;
- a maximum building height of 50.5 ft
- a total density of 1.88 FSR
- 48 underground parking spaces.
The 22,956 SF site was assembled last year for a total of $6,985,000, representing $162 per buildable SF.
Learn more: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/357-391wkingedward/index.htm