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Apartment, Development, Retail

110 Rental Units Planned for Fraser St. Site

Anthem Properties has submitted a rezoning application for a site sold by our team in 2022 at the Northwest corner of Fraser and East 17th Avenue in East Vancouver.

A portion of the site had a previous development application under the existing C-2 zoning for a 4-storey condo building.

The proposal is to allow for the development of a 14-storey rental apartment building that includes:

  • 110 market rental units (20 units assigned to moderate income households);
    • 25 studios, 33 one-bedrooms & 32 two-bedrooms;
  • 5,035 SF of retail space at grade;
  • A total density of 6.90 FSR;
  • A building height of 156 ft.; and
  • 69 vehicle parking spaces and 213 bicycle parking spaces.

The application is being considered under the Moderate Income Rental Housing Pilot Program (MIRHPP) Rezoning Policy.

The architect for the project is BHA Architecture Inc.

January 18, 2023by david.taylor@colliers.com
Apartment, Condo, Development, Office, Retail

High-Density Mixed Use Redevelopment Proposed for 5000 Kingsway

McCarthy Properties have submitted a Master Plan Concept to the City of Burnaby for the redevelopment of McCarthy Plaza, a full city block property on Kingsway in the Metrotown area.

The 3.83 acre site is comprised of four parcels, occupied with a number of older lowrise retail and medical/office buildings, collectively known as the Plaza 5000 complex.

The McCarthy Plaza site is located within the Metro Downtown Neighbourhood of the Metrotown Downtown Plan area which designates site for high-density mixed-use residential development under the RM5s Multiple Family, RM5r Multiple Family Residential District, and C3 General Commercial Districts.

The preliminary concept includes three mixed use towers above podiums to be built in four phases, as well as a new North-South public street “McCarthy Way”. The overall project will include approx. 1.8 Million SF.

Phase 1 includes a 70-storey signature landmark tower that includes:

  • 820,000 SF;
  • 425,000 SF of residential including 160,000 SF of rental in the lowrise.
  • 500 total residential units;
  • retail and office space;
  • substantial amenity space including daycare space, meeting spaces; gardens, bowling alley, fitness centre, basketball court and first nations art gallery.

The second and third phase anticipate a 54-storey mixed-use tower, and a 45-51 storey tower respectively. Phase 3 includes options for residential or commercial uses. Phase 4 includes a smaller lowrise commercial building.

The formal rezoning application for the project is expected in early 2023 and will include concurrent applications for the overall master plan and Phase 1 of the project.

The architect for the project is Dialog.

December 7, 2022by david.taylor@colliers.com
Apartment, Development, Retail

80 Rental Units Proposed for Downtown Site

A rezoning application has been submitted for a 50 ft. lot at 430-440 W Pender Street in Downtown Vancouver.

The proposal is wedged between two other rental proposals and calls for a 12-storey building that includes:

  • 80 market rental units;
    • 60 studios & 20 two-bedrooms;
  • Retail space at grade;
  • 1,324 sq. ft. of cultural amenity space on level 12;
  • A density of 8.20 FSR;
  • A building height of 115 ft.; and
  • 2 car share parking spaces and 159 bicycle parking spaces.

The application is being considered under the Downtown Eastside Plan and the Rezoning Policy for the Downtown Eastside.

The architect for the project is Architectural Collective.

The site sold for $8,977,000 in 2021, or $175 per buildable SF based on the application.

November 7, 2022by david.taylor@colliers.com
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