Buffalo Investment (Canada) Ltd. has applied to rezone 755-795 West 41st Avenue in the Oakridge area of Vancouver from RS-1 to CD-1 to build a 6-storey residential building, at a density of 2.72 FSR, including 0.25 FSR for market rental units. The architect is iConstrux Architecture Ltd.
Buffalo had acquired the site, a collection of single family lots, in November 2011 for $15,750,000, or $169 per buildable SF based on the intended rezoning. The market rental units will be located on the ground floor.