Darwin Construction has applied to the District of North Vancouver to rezone 4 single family lots at 1561-1583 Oxford Street. The proposal is for 107 rental apartment units and 2,168 sq ft of commercial floorspace in a 6 storey building over 96 parking stalls. The proposed density is 3.35 FSR, which exceeds the 2.5 FSR medium density floor space envisioned in the District’s Official Community Plan.

The site located at the south end of the Lower Lynn Town Centre adjacent to Phibbs Exchange. The Lower Lynn Area Plan is expected to be adopted later in 2013.

On the heels of major acquisitions around the globe by Canadian pension funds, the National Post sits down with Michael Sabia, chief executive at The Caisse de Dépôt et Placement du Québec to discuss a philosophical shift away from equities towards infrastructure, real estate (via their subsidiary Ivanhoe Cambridge) and other non-fixed income assets as the struggle to meet pension obligations mounts.

To view the article click HERE.

GBL Architects has submitted an application to rezone a City of Vancouver owned property at 508 Helmcken Street (Southwest corner).  The rezoning would change the designation from DD to CD-1 (Comprehensive Development) District. The proposal is for a 36 storey mixed use building with 344 market residential strata units (including 5, 2-level townhouses at grade), 110 market rental units and a private school. The proposed building is 320 ft high with a floor area of 365,334 sq ft and a density of 17.4 FSR.

The current building, Jubilee House, is a non-profit facility containing 87 seniors housing units.