Marcon has completed an acquisition of a 20,647 SF site at the Southeast corner of West 3rd and Vine in Kits for $30,700,000, or $195 per buildable SF.

Marcon originally submitted a rezoning application under the Broadway Plan for a 207-unit, 21-storey rental tower in 2024, with a revised application increasing the height to 22-storeys in July 2025.

The City of Burnaby adopted the final draft version of their updated Official Community Plan, to be forwarded to public hearing and final adoption this fall.

The final version of the OCP is the culmination of a multi-year process that was most recently accelerated by the new Provincial legislation.

The final draft of the OCP can be viewed here:

https://pub-burnaby.escribemeetings.com/filestream.ashx?DocumentId=83303

The approval process:

The new OCP arrives concurrently with Burnaby’s new ‘Height Based Zoning Framework’ which removes the previous rezoning designations and replaces them with a new height based model.

Implications for rezoning and property values remain to be seen, but the new framework is expected to create more transparency in the overall process.

Sightline Properties has submitted their rezoning application for a 26-lot land assembly that they acquired earlier this year.

The 3.1 acre combined site is located within the Rupert Renfrew Plan area, and is bound by Kaslo Street, Renfrew Street, Broadway and 10th Avenue.

The proposal is to allow for the development of four residential towers, containing condos, rentals and below market rentals, as well as retail and daycare space.

Details include:

• 1,959 residential units; with
• 1,386 condo units;
• 573 rental units with 20% of the floor area for below-market units;
• Commercial space, a 73-space private child care, and amenities on the ground floor;
• a total density of 10.5 FSR; and
• Building heights ranging from 537 ft. to 618 ft..

The plan is for a four phase development with a tower in each phase.

This application is being considered under the Rupert Renfrew Station Area Plan.

The architect for the project is Arcadis.

The full application can be viewed here: https://www.shapeyourcity.ca/2808-2888-e-broadway

Amacon has submitted their rezoning application for the former CIBC office property at West 7th and Pine in the Fairview/South Granville area of Vancouver.

The 57,000 SF site runs along Pine between West 7th and West 8th.

The proposal is to allow for the development of a 28-storey and a 29-storey towers, and includes:

• 421 condo units;
• 107 social housing units;
• Live-work space;
• a 50-space childcare;
• a total density of 8.50 FSR;
• four levels of underground parking;
• Building heights up to 300 ft.

This rezoning application is being considered under the Broadway Plan.

Our team originally sold this site in 2016 to Delta Land Development for $70,000,000. It was later resold to Amacon.

The architect for the project is Chris Dikeakos Architects Inc.

The full application can be viewed here: https://rezoning.vancouver.ca/applications/1745-w-8th-ave/application-booklet.pdf

Goh Ballet Academy has submitted a rezoning application for the small corner site they currently own and operate at 2345 Main Street, at the Northwest corner of West 8th and Main in Mount Pleasant.

The existing building was formerly a Royal Bank building, built in 1912 that Goh Ballet took over in 1985. The site is 62′ x 100′ and is on the heritage register.

The site is located in the Main Street Village Area A subarea of the Broadway Plan, which enables the development of retail/service, office, residential, and cultural uses up to 6 storeys and 3 FSR. The retention of heritage assets and development of cultural spaces can enable additional building heights up to 8-9 storeys. The proposal is seeking relaxations due to its proximity to the upcoming Broadway Line Station.

The proposal calls for a redevelopment of the 6,181 SF site with a 26-storey student housing tower that includes:

• 344 student housing units;
• 1,500 SF of ground floor retail space;
• 3 levels of underground cultural spaces (expansion of Goh Ballet);
• a total density of 23.0 FSR;
• A building height of 343 ft. with additional height for rooftop amenity space; and
• Retention of the Royal Bank Heritage Building (Vancouver Heritage Register).

This application is being considered under the Broadway Plan and requests consideration of density and height in excess of the existing policy.

The architect for the project is Align Architecture.

The full application can be viewed here: https://www.shapeyourcity.ca/2345-2349-main-st