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Apartment, Development

175-Unit Rental Project Planned for Mount Pleasant Site

Fastmark Developments has submitted one of the first rezoning applications for a site in the Broadway Plan.

The 20,139 SF site at 523-549 East 10th Avenue is currently improved with five single family lots. The site is located on the North side of East 10th between St. George Street and Carolina Street, five blocks East of Main Street in Mount Pleasant.

The site is located in an area of the Broadway Plan (MRTB) which allows up to 5.50 FSR and 18-storeys, with a minor increase in height and density considered in exchange for ground level childcare space.

The proposal for the site is to allow for the development of a 19-storey mixed-use building that includes:

  • 175 total units;
  • 142 market rental units;
  • 33 below market rental units (20% of floor area);
  • Private childcare space for 25 children;
  • A total density of 6.0 FSR;
  • A building height of 329 ft.; and
  • 110 vehicle parking spaces and 344 bicycle spaces.

The architect for the project is GBL Architects.

The full rezoning application can be viewed here.

September 12, 2023by david.taylor@colliers.com
Apartment, Development

61 Infill Rental Apartments Planned for West End Property

Starlight has applied to the City of Vancouver for permission to develop two infill rental buildings on an existing apartment property they own at 1755 Haro Street in the West End.

The 138-unit, 19-storey concrete highrise known as Peter Manor, was originally built in 1970, and acquired by Starlight in 2018 as part of a four property portfolio sale for $247 Million.

The infill proposal for the property includes a new 6-storey apartment building fronting Haro Street, and a 3-storey townhouse building fronting the lane.

Details include:

  • 61 market rental units;
    • 28 one-bedrooms, 24-two-bedrooms & 9 three-bedrooms;
  • A building height of 61 ft.;
  • New density of 1.69 FSR.

Under the site’s existing RM-5A zoning, the application is “conditional” so it may be permitted. However, it requires the decision of the Director of Planning.

The architect for the project is BHA Architecture.

August 17, 2023by david.taylor@colliers.com
Apartment, Development, Retail

Redevelopment of Dunbar Theatre Site to Include 45 Rental Units

A development application has been submitted to the City of Vancouver for the Dunbar Theatre site at 4555 Dunbar Street, at the corner of West 30th Avenue.

The proposal calls for the redevelopment of the 19,700 SF corner site with a new 5-storey, mixed-use building containing retail use on the first level and residential on levels 2 through 5.

The proposal includes the following:

  • 45 rental units;
    • 2 studios, 24 one bedrooms, 13 two-bedrooms & 6 three bedrooms;
  • 6,702 SF of theatre space;
  • 4,944 SF of retail space including a coffee shop and restaurant;
  • a total density of 2.89 FSR;
  • a building height of 68 ft.
  • Two levels of underground parking having vehicular access from the lane.

The proposal includes heritage designation of the retained exterior and structure of the Dunbar Theatre, originally constructed in 1935 and expanded and altered in 1964. The plan includes retaining the historic façade, theatre lobby, and select interior elements of the auditorium that are reinstated or replicated to match the original.

Under the site’s existing C-2 zoning, the application is “conditional” so it may be permitted. However, it requires the decision of the Director of Planning.

The architect for the project is Giant Union Design Architecture & Planning Ltd.

The site was assembled between 2017 & 2018 for a combined $30,180,000 or $558 per buildable SF based on the application.

August 1, 2023by david.taylor@colliers.com
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