Construction is now well underway on Aquilini Group‘s second rental tower at Rogers Arena. The south tower will be 31-storeys with 5-levels of underground parking. It will include “over 250 residential rental units in addition to fitness and multipurpose facilities.

A rendering of the tower can be seen at Francl Architecture’s site.

Courtesy mcminsen http://po.st/myTf07 via @imageshack

Courtesy mcminsen http://po.st/TVX5V6 via @imageshack

2280 West 6th Avenue, a 43-unit walkup apartment building in Kitsilano has sold to a local investor for $13,800,000, equating to a 2.7% cap rate and $321,000 per unit. The RM-4 zoned property sits on a 21,000 SF lot with 175 feet of frontage on West 6th. The asking price was $15,300,000.

The Red Door Housing Society has applied to the City of Vancouver to rezone a 16,884 SF site at 870 East 8th Avenue from RM-4 to CD-1 to allow the replacement of an existing affordable rental housing project with a larger affordable rental building. The proposal includes:

• a 7-storey apartment building;
• 51 rental units
• underground parking accessed off the lane;
• a building height of 65.2 ft; and
• a density of 2.86 FSR

Current Improvements

Proposal

The application is being considered under the Mount Pleasant Community Plan.

The architect for the project is DYS Architecture.