Two buildings on East Boulevard have sold to Kenstone Properties for $26,000,000. The two lots, located at 6020 & 6040 East Boulevard, are currently improved with two older 2-storey walkup apartment buildings, and combine to form a total site area of 18,850 SF. The lots are zoned C-2 which allows for a development up to 4-storeys, or approximately 47,125 SF of buildable area.
The purchase price equates to $552 per buildable SF.
The property had been listed for sale for $26,800,000.
A rezoning application has been submitted for a new rental apartment building for a site at the Southwest corner of Rupert Street and East 22nd Avenue; just down and across the street from a Rental 100 project, currently in final stages of rezoning approval. The site is currently improved with an older single-storey retail building.
The plan for the site at 3281-3295 East 22nd Avenue is to rezone from the existing C-1 commercial zoning to CD zoning to allow a 6-storey mixed-use project.
The application includes the following:
The application is being considered under the Affordable Housing Choices Interim Rezoning Policy.
The architect for the project is Cornerstone Architecture.
The City of Vancouver has received the first major rezoning application for a site in the Grandview-Woodland Community Plan.
The proposal is for a 29,112 SF site owned by Intracorp at the corner of East 11th Avenue and Victoria Drive, currently occupied by older lowrise residential buildings, including a heritage house. The plan calls for rezoning from RM-4 to permit the development of a 10-storey residential building with a 6-storey residential podium.
The proposal includes:
This application is being considered under the Grandview-Woodland Community Plan which dictates that 50% of the gross floor area can be condos if 50% of the gross floor area is rental housing.
The architect for the project is Perkins + Will.
We are pleased to introduce this 12-unit strata-titled building in a highly desirable area of Kits. The building has excellent potential to be converted to an income-producing rental apartment building.
Please contact us for further details.
The next phase of Aragon Properties‘ Port Royal project is proceeding to final City of New Westminster Council consideration for development permit approval. The site at 300 Salter Street in the Queensborough area is part of the larger Port Royal development (Phase 6C) that was rezoned a few years ago.
The proposal for the site is for a 4-storey rental apartment building that includes:
The architect for the project is Ramsay Worden.