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.
