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Apartment, Development

Rental Aparment Project Planned For 49th & Main Street

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

6507 Main6507 Main_1 6507 Main_2

August 20, 2015by david.taylor@colliers.com
Apartment, Investment

SOLD: 5900 Muir Drive, Richmond, B.C.

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.

aerial1

July 31, 2015by david.taylor@colliers.com
Apartment, Development

North Van Rental Proposal Targets Apartment Density

A rezoning application in North Vancouver intends to replace two low-density apartment buildings with a new 6-storey rental apartment building and could be a good model for other rental projects in the City of North Vancouver and elsewhere in the Lower Mainland.

The proposal for the 12,014 SF site at 362-368 East 3rd Street is to replace two older apartment buildings with a combined total of 11 apartments, with 40 rental units in a new 6-storey building. The proposed density is 2.6 FSR per the recently adopted OCP for the area. The plan includes only 9 parking stalls on the surface at the rear of the new building.

The unit mix includes:

  • Nine 3-bedroom units
  • Ten 2-bedroom units
  • Six 1-bedroom units
  • Fifteen studio unit

Because the proposed project is 100% secured rental housing, there will be no community amenity contribution.362-368 East 3rd_3

Current Site Condition

Current Site Condition

362-368 East 3rd_2

The application is still preliminary and requires council approval to move through the standard rezoning process.

July 22, 2015by david.taylor@colliers.com
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