In an interesting move, 10 floors of the Exchange Building are being converted to hotel use instead of office use. This comes as Executive Group has acquired the adjacent Edward Chapman property at 833 West Pender, with soon to be released plans for a hotel on the site.

A development application has been submitted for The Exchange Building to allow:

• conversion of office use to hotel on floors 2 through 11
• 110,000 SF of the building will be converted

Under the site’s existing CD-1 (555) zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

Cressey has filed a rezoning application for a site at the corner of Main and East 2nd Avenue in East Vancouver.  The 18,683 SF triangular site at 1800-1880 Main Street is currently zoned IC-2, but the Mount Pleasant Community Plan allows for residential rezoning. 

The plan is for a redevelopment of the site to allow an 11-storey mixed-use building that includes:

• 131 rental units;
• 34 studios, 51 one-bedrooms, 36 two-bedrooms and 10 three-bedrooms
• Two commercial units at grade;
• A total density of 5.02 FSR;
• A height of 113.4 ft.; and
• 88 parking spaces (including 6 car share spaces).

The architect for the project is Francl Architecture.

Cressey acquired the site in 2016 for $17,000,000, or $181 per buildable SF based on the rezoned density.

Urbanics Consultants, on behalf of Andrew Peller Limited have applied to allow a redevelopment of the 5.0 acre Andres Wines site, a collection of lots on the West side of Port Moody’s Town Centre area, fronting both Clarke Street and Barnet Highway.

The proposal calls for an OCP amendment  and rezoning to allow for the development of a new mixed-use residential and commercial development, including:

• one 32-storey tower, one 21-storey tower, one 12-storey tower & multiple lowrises
• 418 residential units
• 132 strata units, 176 rental units, 98 seniors units & 12 artist studios
• a mix of other uses including light industrial, retail, office, 80-room hotel, clinic, athletic club, arts centre (including a daycare) and an arts village (artist work space, galleries, and residences).
• 725,390 SF of gross floor area
• a total density of 3.33 FAR
• open space comprising 25% of the total site area
• 940 parking spaces

The plan is proposed to be built in one phase and at full build-out is estimated to have a resident population of 800 and will support 585 jobs.

The OCP amendment was not originally supported at City Council, but has been deferred to the Community Planning Advisory Committee for further design review to address various issues including geotechnical, traffic and parking, and site servicing, among others.