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Apartment, Development

15 Rental Townhouse Units Proposed for Kitsilano Site

A rezoning application has been submitted for a former church site in Kitsilano, at 2715 West 12th Avenue (along the Kitsilano diversion curve).

The proposal calls to rezone the 8,570 SF site from RS-7 (One-Family Dwelling) District to CD-1 to permit a 3.5-storey townhouse development under Affordable Housing Choices Interim Rezoning Policy. The policy allows for rental housing on arterial streets up to 3.5 storeys. While the policy has been tested in other areas of the City, this is one of the first such proposal on the Westside.

The proposal includes:

    • 15 secured market rental residential units;
    • A floor area of 14,056 SF;
    • A total density of 1.50 FSR;
    • A height of approximately 37.5 ft.;
    • 2 car share vehicle parking spaces; and
    • 19 Class A bicycle parking spaces.

2715 West 12th Ave 2715 West 12th Ave_1

The site was listed for sale in 2016 for $3,389,000, and sold for $3,250,000, or $231 per buildable SF based on the rezoning application.

The architect for the project is MCMP Architects.

September 27, 2017by david.taylor@colliers.com
Apartment, Development

70-Unit Rental Project Planned for East Van Site

The Molnar Group has submitted a rezoning application for a 47,674 SF site at the corner of Hull Street and East 20th Avenue in East Vancouver.  The plan for the lots at 3560-3570 Hull Street and 2070-2090 East 20th Avenue is to rezone from the existing RS-1 to permit a 3.5-storey development containing townhouses, an apartment and a retained heritage house.

The proposal includes:

    • 70 secured market rental units
    • 41 3-bedroom townhouses, 28 one-bedroom apartment units, and one 2-bed heritage house);
    • A total density of 1.53 FSR;
    • A maximum height of approximately 50 ft.;
    • Relocation and designation of an existing heritage house at 2088 East 20th Avenue; and
    • 82 underground parking spaces.

3560 Hull3560 Hull_2 3560 Hull_3 3560 Hull_1

This application is being considered under the Affordable Housing Choices Interim Rezoning Policy. The rezoning policy is relatively unknown even among the development community; it allows for higher densities for “affordable” rental or social housing on or near arterial streets. In this case, the large single family lots helped facilitate the proposal.

The architect for the project is Wensley Architecture.

Molnar acquired the site in July 2016 for $13,375,000, or $183 per buildable SF based on the application.

September 13, 2017by david.taylor@colliers.com
Apartment, Development

Wesgroup Acquires Chevron Site at 41st & Oak

Wesgroup has acquired the Chevron at 1008 West 41st Avenue (Southwest corner of Oak and 41st) for $12,249,400. The 135′ x 130′ (17,500 SF) site is currently zoned C-1 commercial, but can be potentially rezoned to allow greater density for rental housing.

Wesgroup also acquired the adjacent building and lot to the South at 5775 Oak Street earlier this year for $16,350,000.

1008 West 41st

The two sites combined would create a consolidated lot 35,980 SF in size.

August 30, 2017by david.taylor@colliers.com
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