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Development, Retail

55-Unit Project Planned for Lower Lonsdale

Anthem Properties is seeking approval at City of North Vancouver council for a Development Application for a mixed use development at 177 West 3rd Street, a former gas station and car wash that has been sitting vacant for several years due to remediation work. The site is located on the Southeast corner of 3rd Street and Chesterfield, just West of Lonsdale.

The proposed new development includes a 5-storey concrete condo building, including:

  • 55 condo units
  • 10,000 SF of ground floor retail space
  • a total density of 2.68 FSR
  • total building height of 52.50 ft
  • one and a half levels of underground parking with 74 total stalls
  • a CAC of $2,383,720, equivalent to $30 per SF

The site is located in an area designated in the OCP as Mixed Use Level 3, which permits 2.30 FSR density with provision for a bonus density of an additional 0.50 FSR that may be granted at council discretion.

177-west-3rd177-west-3rd_2 177-west-3rd_1

 

November 14, 2016by david.taylor@colliers.com
Apartment, Development

Plans Unveiled for 104-Unit Rental Building in Southeast False Creek

Cressey Development Group has filed an application to rezone a 12,169 SF site that they own at the corner of West 1st Avenue and Cook Street, just West of Olympic Village. The site sits directly East of their previously completed project “The James”.

The plan calls to rezone from the M-2 industrial zone to CD to permit the development of a 10-storey rental residential building, including:

  • 104 rental apartment units
  • 51 studio units, 27 one-bedrooms, 20 two-bedrooms and 6 three-bedrooms
  • a total density of 5.03 FSR
  • a building height of 99 feet
  • 50 underground parking spaces

1715-cook_3 1715-cook_2 1715-cook_1

The application is being considered under the Southeast False Creek Official Development Plan and Secured Market Rental Housing (Rental 100) Policy.

Cressey acquired the site in December 2015 for $16,000,000, or $261 per buildable SF based on the expected rezoning.

The architect for the project is Chris Dikeakos Architects.

November 10, 2016by david.taylor@colliers.com
Apartment, Development, Retail

Two Tower Project Slated for Burquitlam Area

Marcon and Kevington Building Corp. have jointly filed an application to consolidate and rezone a group of lots located at 559, 567, 571, 577 and 581 Clarke Road from CS-l Service Commercial and CS-2 Limited Commercial to C-7 Transit Village Commercial to allow a new highrise condo and rental residential development. The combined site is 76,922 SF in size.

The proposal is being made under the policies in the Burquitlam Neighbourhood Plan and envisions development of transit-oriented and supportive residential density in close proximity to the Burquitlam Evergreen Line Station, which is across the street.

The development proposal includes:

  • a 49-storey condo tower with 364 units
  • a 15-storey rental tower with 101 units
  • commercial retail units fronting Clarke Road
  • total combined density of 5.43 FSR
  • underground parking accessed from the lane
  • 620 total parking spaces
  • a $576,914 CAC + $6.9 Million in contributions to public amenities

559-clarke 559-clarke_1 559-clarke_2 559-clarke_3

The site will be resubdivided into two fee simple parcels; one for the market tower and the other for the rental building. The application also involves transferring the density from 559 Clarke Road to the market tower portion of the project. Formerly the location of the Burquitlam Animal Hospital, Marcon has acquired this site to help facilitate a full two-way intersection at Clarke Road and the narrow street that runs behind the development. This will increase the extent of full two-way traffic through the narrow street This street will be fully constructed and complete when the adjoining parcel at 565 Clarke Road redevelops.

The architect for the project is GBL Architects.

November 5, 2016by david.taylor@colliers.com
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