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Apartment, Development, Retail

18-Storey Rental Building Proposed for Oakridge Site

A rezoning application has been submitted for a site at 809 West 41st Avenue, at the Northwest corner of 41st and Willow, just East of the now approved redevelopment of the Oakridge Transit Centre site. The site is currently improved with the Oakmont Medical Building, built in 1965.

The proposal is to allow for the development of a 18-storey rental building with ground floor commercial retail space. The proposal includes:

  • 131 market rental units (20% of floor area as moderate income housing);
  • 70 one-bedrooms, 43 two-bedrooms & 18 three-bedrooms;
  • 6,200 SF of retail space on the ground floor;
  • A total density of 7.14 FSR;
  • A building height of 194 ft.with additional height for a rooftop amenity space
  • 85 vehicle parking spaces and 254 bicycle parking spaces.

The application is being considered under the Cambie Corridor Plan.

The architect for the project is Arno Matis Architecture.

The site was sold in 2017 for $30,750,000, or $256 per buildable SF.

March 24, 2021by david.taylor@colliers.com
Apartment, Development, Retail

56 Rental Units Slated for East Hastings Site

PCI Group have submitted a rezoning application for a 16,104 SF site at 3555-3561 East Hastings Street in East Vancouver. The site is immediately adjacent the Kootenay Bus Loop to the West, and a block West of Boundary Road.

There was previously a restaurant on the site. There is also a small one-storey commercial retail building on the east portion of the site.

The proposal is to allow for the development of a 6-storey mixed-use residential building. The proposal includes:

  • 56 secured market rental units;
  • 5 studios, 31 one-bedrooms, 17 two-bedrooms & 3 three-bedrooms;
  • 6,400 SF of ground floor retail/restaurant space;
  • A total density of 3.13 FSR;
  • A building height of 79 ft.;
  • 49 vehicle parking spaces and 110 bicycle parking spaces.

The application is being considered under the Secured Rental Policy.

The architect for the project is BHA Architecture.

The site had previously been listed for sale for $10,000,000.

March 17, 2021by david.taylor@colliers.com
Apartment, Development, Office, Retail

14-Storey Mixed Use Building Planned for Cambie & West 41st Corner

PCI Group has submitted a rezoning application for 495 West 41st Avenue at the Northeast corner of Cambie and West 41st Avenue.

PCI acquired the vacant former gas station site from Coromandel properties last year for $40 Million.

The proposal is to allow for the development of a 14-storey mixed-use building with a rooftop amenity space. The proposal includes:

  • 112 market rental units;
  • 60 one-bedrooms, 50 two-bedrooms & 2 three-bedroom units;
  • 12,625 SF of office space;
  • 7,065 SF TD Bank;
  • A total density of 6.59 FSR;
  • A building height of 150 ft.;
  • 64 vehicle parking spaces and 202 bicycle parking spaces

The application is being considered under the Cambie Corridor Plan.

The architect for the project is Perkins & Will.

February 8, 2021by david.taylor@colliers.com
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