I am pleased to announce the sale of 1609 Cypress Street, a 16-unit apartment building in Kits. The building was sold to a local investor for $4,400,000.

Orr Development has applied to rezone a site at the Southwest corner of 49th and Main Street from C-2 to CD-1. The plan is calls for a rezoning of the site under the Rental 100 program to allow a 6-storey apartment building building that includes:

• 75 secured market rental units;
• retail space at grade
• a building height of 70.2 ft. from grade;
• a density of 3.60 FSR, and
• 80 underground parking spaces and 97 bicycle parking spaces

I am pleased to have acted on behalf of the Vendor in the sale of Cranberry Lane, an 88-unit apartment complex in the Hamilton area of Richmond.