A rezoning application has been submitted for a 7,400 SF site at 3084 West 4th Avenue and 2010 Balaclava Street. The site is currently zoned RM-4 and the rezoning seeks to allow for the development of a 6 storey residential building that includes:

• 35 market rental units (with 20% of the residential floor area assigned to moderate income households)
  • 8 studios, 14 one-bedrooms & 13 two-bedrooms
• a total density of 2.95 FSR;
• a building height of 66 ft.); and
• 15 underground parking stalls and 54 bike spaces.

The application is being considered under the Moderate Income Rental Housing Pilot Program.

The architect for the project is Ekistics Architecture.

Two rezoning applications have been submitted by Spire Development under the City of Vancouver’s Affordable Housing Choices Interim Rezoning Policy for adjoining sites at Fraser Street and East 56th Avenue.

7280 Fraser Street

The proposal for this full block fronting the East side of Fraser between 56th and 57th includes a 6-storey building with:

• 95 market rental units;
• 8,000 SF of retail space at grade;
• a total density of 3.17 FSR;
• a building height of 67 ft;
• 71 underground parking stalls and 185 bike spaces; and
• 18 underground parking stalls and 28 bicycle spaces for the adjoining building.

724 East 56th Avenue

The proposal for this current surface parking lot on East 56th Avenue includes two 3-storey stacked townhouse rental buildings. Details include:

• 12 market rental units;
• a total density of 1.40 FSR;
• a building height of 33 ft;
• all underground parking in the adjacent building fronting Fraser.

The architect for the project is Cornerstone Architecture.

The two lots sold in December 2018 for $16,000,000, or $165 per buildable SF based on the applications.

Domus Homes has submitted their rezoning application for a 0.9 acre two single-family lot land assembly at 4750 Granville Street and 1494 West 32nd Avenue. The combined site is currently zoned from RS-5.

The application comes just six months after the City of Vancouver rejected a townhouse development across the street.

The proposal for the site includes a new 4-storey rental building with:

• 81 market rental units;
  • 52 one-bedrooms, 19 two-bedrooms & 10 three/four-bedrooms;
• a total density of 1.50 FSR;
• a building height of 44 ft; and
• 70 underground vehicle parking spaces and 154 bicycle spaces.

The application is being considered under the Affordable Housing Choices Interim Rezoning Policy.

The architect for the project is Stuart Howard Architects.

Domus acquired the site in October 2019 for $12,700,000 or $223 per buildable SF.