Bastion Development has submitted two development applications for a proposal to redevelop the Shell gas station site at the Northwest corner of Broadway and Arbutus Street, as well as an adjacent peice of property at West 8th and Arbutus.
Bastion acquired the combined 29,000 SF site in 2013, long before the formal announcement of a Millenium Line Broadway extension which will see a stop located at the Northeast corner of this intersection.
The proposal(s) seek redevelopment of these sites under the existing C-3A and RM-4 zoning guidelines, rather than a lengthy and uncertain rezoning process.
Here is a breakdown of the two applications:
2103 West Broadway (Shell site):
- An 11-storey condo building
- 79 condo units;
- 40 one-bedrooms, 36 two-bedrooms & 3 three-bedrooms;
- 4,800 SF of retail space;
- A height of 120 ft.;
- A total density of 3.30 FSR;
- Two levels of underground parking, providing a total of 120 parking spaces having vehicular access from the lane.
Under the site’s existing C3-A zoning, the application is “conditional” so it may be permitted. However, it requires the decision of the Development Permit Board.
2106 West 8th Avenue (adjacent 6,000 SF parcel)
- A 3-storey condo building containing 5 units;
- A height of 34.3 ft.;
- A total density of 1.45 FSR;
- 10 parking spaces provided in the adjacent development on Broadway.
Under the site’s existing RM-4 zoning(External link), the application is “conditional” so it may be permitted. However, it requires the decision of the Development Permit Board.
The architect for the project is Francl Architecture.
The site was acquired for $15,350,000 or $182 per buildable SF based on the two combined applications.