Rize Alliance & Minto have acquired a 5-lot land assembly on Heather Street in the Oakridge area of Vancouver for $47,300,000.

The 42,260 SF site is located on the East side of Heather Street between West 37th and West 39th Avenues. There is no publicly available rezoning application at this stage but the Cambie Corridor Plan designates the Property for an 18-storey rental tower.

Ledingham McAllister has submitted their master plan application to the City of Coquitlam for “Stratford Wynd”, an 8.0 acre site in the City Centre area of Coquitlam. The site is currently occupied by a 113-unit rental townhouse development built in the early 1980’s.

The site is designated in the City Centre Area Plan as Medium Density Residential.

LedMac is proposing a medium density residential project with nine buildings in eight phases, including one highrise tower, and several midrise/lowrise buildings. Details include:

• 1,113 total residential units;
• 978 condos;
• 135 rental units;
• 57 space childcare centre;
• 2.61 FAR total density;
• an extension of Kensal Place to Inlet Street;
• $25 Million in DCCs and CACs.

The architect for the project is IBI Group.

A 9,000 SF mid-block rental development site at 1247 Kingsway has sold for $5,500,000. The site had been listed for sale for $7,998,000 since July 2022.

The site received DP approval for a 32-unit, 7-storey rental building in May 2022. The site was rezoned under the City of Vancouver’s Rental 100 policy in 2021.

The $5,500,000 purchase price equates to $169/buildable SF. The site was originally acquired by the developer, Da Hua Investment Holdings, in 2017 for $5,000,000.

Intracorp has submitted a rezoning application for 3362-3384 Vanness Avenue and 3347 Clive Avenue in the Joyce-Collingwood area of East Vancouver.

The proposal is to allow for the development of two rental towers (30 and 33-storeys) above a 6-storey podium. The project includes:

• 679 market rental residential units;
• 10% of the residential floor area proposed to be secured at 10% below CMHC City-wide average rates;
• Retail at grade;
• Dedication of floor area for a 37-space child care facility;
• a total density of 11.34 FSR;
• A total building height of 300 ft.;
• 214 underground parking spaces and 1295 bicycle parking spaces.

The site is located in the Joyce-Collingwood Precinct Plan. The application requests consideration of height and density in excess of the existing policy.

The architect for the project is Boniface Oleksiuk Politano Architects.

Intracorp has submitted a rezoning application for a three lot land assembly at 1749-1765 East 33rd Ave, between Victoria & Knight Street in East Vancouver.

The 30,000 SF site is eligible under the Secured Rental Policy allowing for rezoning to RR-2B which allows up to 5-storeys and 100% market rental.

The proposal is to allow for the development of a 5-storey rental project that includes:

• 109 secured market rental units;
  • 32 studios, 28 one-bedrooms and 38 two-bedrooms;
• A total density of 2.20 FSR;
• A building height of 55 ft.;
• 37 vehicle parking spaces and 170 bicycle parking spaces.

The application is being considered under the Secured Rental Policy.

The site was assembled between 2021 and 2022 for $12 Million, or $169/buildable SF.

The architect for the project is RWA Architecture.