Yenik Realty Ltd. has applied to the City of Vancouver to rezone 4320 Slocan Street from C-1 to CD-1 Comprehensive Development District. The proposal is for a 4-storey mixed-use building, comprised of approximately 42 585 sq. ft. of floor area, with a floor space ratio of 2.11 FSR, and a height of 46.4 ft. Two commercial retail units with 41 residential rental units above are proposed. A total of 19 parking stalls, 61 bicycle spaces, 1 car-share space, and 2 loading spaces would be provided.

More information can be obtained here.

Source: City of Vancouver

Burnaby NewsLeader – Crucial Burnaby Edmonds site sold to developer.

The Burnaby Value Village site at Kingsway and Edmonds Street has been sold to a developer, the latest step in the area’s revitalization.

Cressey Developments’ purchase of the three-acre property closed last week, confirmed Hani Lammam, Cressey’s vice-president of development.

Read more here: http://www.burnabynewsleader.com/news/153679735.html

Vancouver real estate guru talks condominiums.

When a new condominium project sells out in one day, as it did with the Marine Gateway building in April, ever wonder who actually buys one of the units?

Real estate marketer Bob Rennie, whose company was responsible for selling the 414 apartments at the Cambie and Marine towers, gave some indication in his annual speech Thursday to the Urban Development Institute.

Read more: http://www.vancourier.com/news/Vancouver+real+estate+guru+talks+condominiums/6646930/story.html#ixzz1vbmgD0yt