We are pleased to announce the successful sale of 6605 Royal Avenue in the Horseshoe Bay Village area of West Vancouver. The property consists of a residential unit above four retail units, all located on a 6,020 SF site.

Please contact me for further details on this off-market transaction.

Peterson Group have submitted a rezoning application for a site at 1375-1379 Kingsway.

The 12,010 SF C-2 zoned site is located on the south end of a triangular-shaped block at the corner of Kingsway and Knight Street.

The proposal is to allow for the development of a new 6-storey rental building. Details include:

• 49 market rental units;
• 20 studios, 11 one-bedrooms, 15 two-bedrooms & 3 three-bedrooms;
• 5,900 SF of retail space;
• A total density of 3.80 FSR;
• A building height of 79 ft.;
• 34 vehicle parking spaces and 98 bicycle parking spaces.

The application is being considered under the Secured Market Housing Policy (Rental 100).

The architect for the project is Yamamoto Architecture.

The site was acquired in 2018 for $8,250,000, or $173 per buildable SF based on the application.

A rezoning application has been submitted for a site at the Northwest corner of East Hastings and Penticton Street in East Vancouver, currently occupied by London Drugs and an adjacent vacant lot being used as a community garden.

The application is by Hastings Sunrise Development Ltd., a company with the same address as London Drugs’ head office.

The 39,601 SF site at 2585 East Hastings Street has 320 ft. of frontage on the North side of Hastings, more than half a city block, and is currently zoned C-2C. The proposal is to allow for the development of a 6-storey mixed-use building that includes:

• 150 market rental units;
• 45 studios, 59 one-bedrooms & 46 two-bedrooms;
• 29,800 SF of retail space at grade including a new London Drugs store;
• A total density of 3.54 FSR;
• A building height of 72 ft.;
• 147 vehicle parking spaces and 315 bicycle parking spaces.

The application is being considered under the Secured Market (Rental 100) Housing Policy

The architect for the project is Rositch Hemphill.

A rezoning application has been submitted for a 30 ft. lot at the Northeast corner of Slocan and East 27th Avenue in East Vancouver.

The 3,372 SF site at 4310 Slocan Street is currently a martial
arts center owned by the applicant. The lot sits directly adjacent a 4-storey, 41-unit rental building called The Beacon, that was completed in 2017.

The proposal is to allow for the development of a 5-storey (plus amenity level) rental project that includes:

• 8 secured market rental units;
• 2 studios, 2 on-bedrooms, 3 two-bedrooms & 1 three-bedroom;
• 1,600 SF of retail space at grade;
• A total density of 2.83 FSR;
• A building height of 62.3 ft.;
• 3 surface parking lots at the lane.

The application is being considered under the Secured Market (Rental 100) Housing Policy.

The architect for the project is Matthew Cheng.

Nexst Properties on behalf of Champion Development Group has submitted a rezoning application for a site at the southwest corner of Lakewood Drive and Dundas Street, totaling 24,142 SF. The site is located within the Grandview Woodland Community Plan area.

57 Lakewood Drive is zoned C-2 and is currently improved with an older 3-storey commercial/industrial building. The proposal is to allow for the development a 6-storey rental building includes:

• 89 market rental units;
• 35 studios, 22 one-bedrooms, 23 two-bedrooms & 9 three-bedrooms;
• 10,000 SF of retail space at grade;
• A total density of 3.0 FSR;
• A building height of 77 ft.;
• 88 vehicle parking spaces and 192 bicycle parking spaces.

The application is being considered under the Grandview-Woodland Community Plan.

The architect for the project DYS Architecture.