Matt Saunders and I are pleased to announce the sale of 708 – 796 Renfrew Street in East Vancouver.

The site comprises a full city block and with 73 units is one of the largest rental projects approved to date under the Affordable Housing Choices Interim Rezoning Policy. It was put under contract prior to the pandemic and Matt and David were able to successfully navigate an extremely challenging environment to achieve a firm deal in May 2020.

For further details on this sale and project, please contact us.

Westbank has submitted a revised rezoning application for the 2.5 acre East Broadway site, originally proposed in September 2019.

The main change to the proposal is a shift away from primarily condos, to primarily market rental units. The revision shows a decrease in the number of condos from 520 to 236, and an increase in the number of rental units, from 160 to 452 units. Details of the updated plan include:

• 452 secured rental units;
• 236 strata residential units;
• Revised tower heights from 24, 27, & 30-storeys to 25, 29, & 30 storeys;
• 63,000 SF of retail including 50,000 SF Safeway store;
• 48,000 SF of office space;
• Public plaza running parallel to the SkyTrain station;
• 486 vehicle parking spaces and 1360 bicycle parking spaces.

The application is being considered under the Grandview Woodland Community Plan(External link).

The architect for the project is Perkins + Will.

Wesgroup has submitted a rezoning application for a 37,000 SF site they own at the Southwest corner of Oak Street and West 41st. The site is comprised of the former Chevron gas station at the corner, as well as a 2-storey medical office building, and comprises effectively a full city block bounded by West 42nd and a lane.

The proposal calls for a large-scale rental development that includes includes:

• Two towers, 8 & 16-storeys in height;
• 222 market rental units (including 52 below market units);
• 20 studios, 123 one-bedrooms, 55 two-bedrooms & 24 three-bedrooms;
• 17,000 SF of retail space including a proposed grocery store;
• A total density of 5.03 FSR;
• Building heights of 179 ft and 90 ft.;
• Partial 17th storey common amenity space;
• 212 vehicle parking spaces and 492 bicycle parking spaces.

The application is being considered under the Cambie Corridor Plan.

The architect for the project is IBI Group.

The full application can be viewed here: https://shapeyourcity.ca/5763-5791-oak-st-and-1008-w-41-ave

Wesgroup acquired the two lots separately in 2017 for a combined $28.6 Million, or $147 per buildable SF based on the application.

A rezoning application is going to public hearing at the City of Burnaby next week for Phase One of Aoyuan‘s “The Grove” project in the Brentwood Town Centre area. Phase One is located at the corner of Willingdon and Dawson and extends along the North portion of the site to the corner of Alpha Avenue.

The 8-acre master plan project is located at the Southeast corner of Willingdon Avenue and Dawson Street. Aoyuan acquired the site, which consists of seven parcels currently improved with older industrial buildings. The master plan was approved in 2019.

Details of Phase one include:

• Two condo towers, 36 & 43-storeys;
• One 6-storey non-market rental building;
• 868 condos;
• 453 Studios, 95 One-bedrooms, 256 Two-Bedrooms & 69 Three-bedrooms;
• 80 non-market rental units;
• 55,000 SF of office and retail space;
• a total density of 8.62 FAR;
• Tower heights of 387 ft and 456 ft.;
• 1,175 parking stalls.

The architect for the project is IBI Group.

Intergulf has submitted a rezoning and development permit application to the City of Coquitlam permit the development of a high density residential development on a 3.8 acre land assembly at the Northeast corner of Clarke Road and Como Lake Avenue in the Burquitlam-Lougheed Neighbourhood Plan.

The existing site is comprised of six buildings including rental, strata, duplex and commercial buildings. The site is located 900 feet from Burquitlam Skytrain Station.

Details of the proposed multi-phase development include two condo towers of 40 and 33-storeys on top of a commercial podium, as well as a 5-storey non-market rental building in Phase 1, and a 27-storey condo tower and 30-storey market rental tower in Phase 2.

Overall details of Phase 1:

• 663 condo units;
• 47 non-market rental units;
• 20,000 SF of retail space;
• 6,000 SF of daycare space;
• 1,044 parking spaces;
• building heights of 420 ft & 365 ft.

Overall details of Phase 2:

• 213 condo units;
• 280 market rental units.

The overall density is 5.80 FAR.

The architect for the project is IBI Group.