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Apartment, Rental

20-Storey Rental Tower Proposed for Mount Pleasant Site

Fabric Living has submitted their rezoning application for 461-479 East 16th Avenue in the Mount Pleasant area of East Vancouver. The 16,111 SF site is an assembly of four parcels totaling 132 feet of frontage.

The site is located in the Broadway Plan, within the Mount Pleasant South Apartment Areas – Area B subarea.

The proposal for the site is to allow for the development of a 20-storey mixed-use building that includes:

  • 171 rental units;
  • 34 units (20%) at below-market;
  • commercial space on the ground floor;
  • a total density of 6.80 FSR;
  • A building height of 238 ft.

The application is being considered under the Broadway Plan.

The architect for the project is Francl Architecture.

May 9, 2024by david.taylor@colliers.com
Apartment, Development, Rental

22-Storey Rental Tower Proposed for West End Site

Townline Homes has submitted a rezoning application for a site at the northeast corner of Davie Street and Cardero Street in the West End of Vancouver. The proposal for the 17,290 SF site contemplates the replacement of a 4-storey, 33-unit condo building with a 22-storey rental tower.

A previous DP application for this site was originally submitted by Townline in 2022, proposing a tower with 96 condo units and 32 social housing units. The existing RM-5D zoning allows 7.0 FSR with 5,500 SF floorplates.

Details of the proposal include:

  • 198 market rental units;
  • 20% below-market rental units (approximately 37 units);
  • a total density of 8.0 FSR;
  • 6,600 SF floorplates;
  • A building height of 226 ft. with additional height for mechanical appurtenances.

This application is being considered under the West End Community Plan.

The architect for the project is Boniface Oleksiuk Politano Architects.

The site was acquired in 2018 for $45,250,000 or $326 per buildable SF based on the application.

April 29, 2024by david.taylor@colliers.com
Development, Rental, Retail

7-Storey Rental Building Proposed for Vacant West 4th Site

A development application has been submitted for 1587 West 4th Avenue, near the NE corner of Fir Street. The site is one of the former CP Rail sites that was sold in 2022. The 5,645 SF site has been used for surface parking for over 20 years and is zoned C-2B, a commercial mixed use zoning that allows up to 3.5 FSR for rental development.

The current proposal is for a new 7-storey rental building that includes:

  • 22 rental units;
  • 2 studios, 12 one-bedrooms, 2 two-bedrooms & 6 three-bedrooms;
  • a 2,300 SF animal clinic on the bottom two floors;
  • a total density of 3.50 FSR;
  • a building height of 72 ft.;
  • 3 surface parking stalls at the rear lane.

The Granville Street bridge West 4th offramp extends over the Northern portion of the site, such that only 53% of the site is developable. As such, the application seeks a few relaxations under the zoning. Under the site’s C-2B zoning, the application is “conditional” so it may be permitted. However, it requires the decision of the Director of Planning.

The site was acquired in 2022 for $2,900,000 or $146 per buildable SF based on the application.

The architect for the project is Arno Matis.

April 2, 2024by david.taylor@colliers.com
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