Two rezoning applications have been submitted by Spire Development under the City of Vancouver’s Affordable Housing Choices Interim Rezoning Policy for adjoining sites at Fraser Street and East 56th Avenue.
The proposal for this full block fronting the East side of Fraser between 56th and 57th includes a 6-storey building with:
- 95 market rental units;
- 8,000 SF of retail space at grade;
- a total density of 3.17 FSR;
- a building height of 67 ft;
- 71 underground parking stalls and 185 bike spaces; and
- 18 underground parking stalls and 28 bicycle spaces for the adjoining building.
The proposal for this current surface parking lot on East 56th Avenue includes two 3-storey stacked townhouse rental buildings. Details include:
- 12 market rental units;
- a total density of 1.40 FSR;
- a building height of 33 ft;
- all underground parking in the adjacent building fronting Fraser.
The architect for the project is Cornerstone Architecture.
The two lots sold in December 2018 for $16,000,000, or $165 per buildable SF based on the applications.
