I am pleased to announce the sale of 3183 Edgemont Boulevard, North Vancouver, B.C. This 1,500 SF freestanding streetfront retail building has been part of Edgemont Village for over sixty years and is leased to local tenants. The property sold for $2,050,000.
Strand Development has submitted an application to rezone a 20,727 SF 3-lot land assembly at 210-262 West King Edward Avenue on the Southwest corner of Columbia and King Edward from RS-1 to allow a rental residential development that includes:
- one 4-storey building on West King Edward Avenue with 2-storey townhouses facing the lane;
- 52 market rental apartment units;
- 3 studios; 29 one-bedrooms; 15 two-bedrooms & 5 three-bedrooms
- a building height of 44 ft. from grade;
- a total density of 1.77 FSR; and
- 54 underground parking spaces and 66 bicycle spaces.
The application is being considered under the Cambie Corridor Plan.
The architect for the project is Yamamoto Architecture.
Champion Development Group Inc. has applied to the City of Vancouver for permission to develop a 18,128 SF site at 151 West 5th Avenue, on the NOrth side of West 5th between Columbia and Manitoba Streets. The plan is for a new 4-storey mixed use building consisting of:
- Manufacturing uses on the ground floor and mezzanines;
- General Office uses on the 2nd through 4th floors;
- 95 parking spaces in an underground parkade; and
- total density of 3.00 FSR (54,291 sq. ft.).
Under the site’s existing I-1 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.
The application describes the design concept:
“The design intent for the project is to create a high-quality, mixed-use development with offices, industrial uses, and collaboration spaces that will enhance the existing neighbourhood and its industrial zone. The overall form and character of the building is inspired from the industrial history of the area and is celebrated in a modernized building to service contemporary industries and office tenancies.
The building is designed with the ability to service small and large scale tenants and the spaces are planned for flexibility and various business types. Double height industrial space on the ground floor with mezzanine space will serve potential manufacturing, storage or production companies while the upper office floors will provide open spaces with access to the outdoors.”
A development application has been filed for a site at 928 Commercial Drive, mid-block just South of Venables Street. The plan for the 33 x 121 ft site is to build a new infill building including:
- a 5-storey, mixed use building
- retail on first floor and residential above (2nd to 5th floors)
- 12 rental aparment units
- 3 parking spaces having vehicular access from the lane.
Under the site’s existing C-2C1 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.
The architect, Matthew Cheng, explains the design rationale:
“The existing building on the subject property is a single family building built in 1904. In order to improve the neighborhood in Grandview-Woodland community and provide more affordable residential units, a brand new 5-storey mix-use building is proposed to replace the existing single detached dwelling. The new building with rental units will not only improve the 900 block Commercial Drive streetscape but also ease the tough rental market in the “Drive area”.
The proposed new building is designed as a wood frame building with a concrete ground / second level. Residential units are location on level three to five. There are 2 compacted unit types provided, studio and one-bedroom, in order to introduce more affordable rental option for the demographic in the neighborhood., Bicycle room, coin laundry room and other residential services are location on the ground and second level. Elevator is provided so that residents and handicap people can access to every level easily.”
Here is a brief update on a project in the West End that was originally envisioned prior to the West End Community Plan having been adopted in 2014.
The project is a partnership between Bosa Properties and Central Presbyterian Church, which used to worship on this property for many years. The property was rezoned in 2014 to allow a new 22-storey building that includes 168 units of market rental apartments and 45 units of non-market rental apartments, as well as retail space, a new church and a preschool.
Excavation was recently completed and a crane is scheduled for installation on June 25th. Completion of the project is scheduled for April 2018.
photo courtesy mcminsen http://po.st/ZegImX via @imageshack
Exclusive:
Brookfield has flipped the Shangri-La Vancouver (now Hyatt) retail podium to Aquilini Group for $55 million. Brookfield bought the property last summer.
Full story:
https://howardchai.substack.com/p/shangri-la-vancouver-hyatt-retail-brookfield-aquilini
12-unit Gleneagles townhouse project proposed in West Vancouver
A new proposal has surfaced for the parking lot next to Waterfront Station.
The redesigned project includes a 26-storey, 416,000 SF office tower, shaped like a tree, cantilevered over the existing station building.
Architect: James Cheng
Details: https://bit.ly/46aUB0W