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Development, Office, Retail

10-Storey Building Planned for Granville & 68th

Westland Corporation has submitted a rezoning application for a 20,030 SF site at the corner of 68th and Granville, next to the Safeway. The plan for 1506 West 68th Avenue is to rezone from C-2 and C-2C (Commercial) District to CD-1 to allow a 10-storey mixed-use building that includes:

  • 45 market residential units;
  • 11 one-bedrooms, 26 two-bedrooms and 8 three-bedrooms;
  • a total of 12,603 SF of retail at grade;
  • a total of 15,477 SF of office space on the 2nd floor;
  • a total density of 3.60 FSR;
  • a maximum building height of 135 ft. from grade;
  • 138 underground vehicle parking spaces and 112 bicycle parking spaces.

1506 West 68th1506 West 68th_2 1506 West 68th_3 1506 West 68th_41506 West 68th_1

The application is being considered under the Marpole Community Plan.

The architect for the project is IBI Group.

Westland acquired the site in January 2016 for $19,855,000, or $275 per buildable SF based on the rezoning application.

October 18, 2017by david.taylor@colliers.com
Development, Office, Retail

9-Storey Office Building Slated for Yukon and West 6th Ave

Cressey Developments has submitted their application to rezone the 24,149 SF site they own at 425 West 6th Avenue, at the Northwest corner of Yukon and 6th, from C-3A to CD-1 to permit the development of a 9-storey office building.

The proposal includes:

    • 155,147 SF of office space;
    • 16,504 SF of ground floor retail;
    • A total density of 7.11 FSR;
    • A building height of 131.35 ft.;
    • 298 underground parking spaces and 40 bicycle spaces on 5 levels; and
    • 2 Class A and 5 Class B loading spaces.

425 W 6th425 W 6th_1 425 W 6th_3 425 W 16th_2This application is being considered under the Metro Core Jobs and Economy Land Use Plan.

Cressey acquired the site in 2013 for $14,500,000, or $85 per buildable SF based on the rezoning application.

The architect for the project is IBI Group.

October 18, 2017by david.taylor@colliers.com
Development, Office

Hootsuite Campus Development Application Moves Forward

Westbank and Hootsuite have submitted their formal development application for a 2.8 acre site in Mount Pleasant. The site is divided by a lane and fronts onto Ontario Street between East 4th and East 5th Avenue. 

The I-1 zoning for the site was amended by the City of Vancouver earlier this year to I-1A and I-1B, to allow for more flexible uses, density and building form; essentially to accommodate Hootsuite’s use in the Westbank proposal for the subject site.

The proposal for the two sites includes:

102 East 4th Avenue (the North site)

  • A 8-storey mixed-use building containing Industrial and Office uses 
  • An approximate height of 107 ft.; and
  • A total density of 5.0 FSR (148,918 SF); and,
  • 5 levels of underground parking providing a total of 394 parking spaces having vehicular access from the lane.

102 East 4th

110 East 5th Avenue (the South site)

  • A 9-storey mixed-use building containing Industrial and Office uses
  • An approximate height of 122 ft.; 
  • A total density of 6.0 FSR (142,579 SF); and
  • 5 levels of underground parking providing a total of 287 parking spaces having vehicular access from the lane

110 East 5th

A perspective view of the overall campus

A perspective view of the overall campus

Westbank acquired the site in 2015 for $40,475,000, or $139 per buildable SF based on the current development application.

The architect for the project is Henriquez Partners Architects.

 

October 10, 2017by david.taylor@colliers.com
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