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Development, Retail

6-storey Building Proposed for Revitalized Hollywood Theatre Site

A proposal has been submitted to the City of Vancouver to restore and revive the Hollywood Theatre. 4184 Investments Ltd. has applied for a development permit to add a 6-storey residential building while restoring the adjacent theatre building. The combined site area is 16,743 SF and the site is zoned C-2C which allows a density up to 3.0 FSR and 4-storeys.

The Hollywood Theatre building was originally built in 1935 and closed in 2011 after the building was finally sold by the Fairleigh family. There have been various community efforts to save the theatre since that time.

 The current proposal includes the following:

    • 40 condo units – “The Hollywood Residences”;
    • 6 studios, 13 one-bedrooms, 16 two-bedrooms & 5 three-bedrooms;
    • 4,423 SF of new ground floor retail space;
    • A total density of 3.19 FSR;
    • Building height of 67 ft.;
    • A restored theatre building;
    • Two levels of underground parking accessed from the lane with a total of 47 parking spaces.

Within the application, the owners provide an overview of the plan for the new theatre: “We will re-introduce The Hollywood Theatre back into Vancouver’s consciousness by creating and operating a beautifully renovated, state-of-the-art performing arts centre dedicated to bringing the creative arts to the local community.

As well as live entertainment ticketed events such as live music performances, live theatre, movie screenings, tech events and corporate and private functions we welcome local community producers, non-profit organizations and special interest groups wishing to hold their event at the Hollywood Theatre. This will also include hosting special free to-the public events produced by local producers.”

Full details on their proposed operating plan can be viewed here: http://development.vancouver.ca/3133wbroadway/documents/perspectiveoperatorsbusinessplan.pdf

Under the site’s existing C2-C zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Development Permit Board. The full development application can be viewed here: http://development.vancouver.ca/3133wbroadway/index.htm

The architect for the project is Marianne Amodio Architecture Studio, Inc.

February 27, 2018by david.taylor@colliers.com
Development, Retail

32-Units Above Retail Planned for Alma & 10th Corner

A development application has been submitted by Landa Global for their site at the Southeast corner of West 10th and Alma Street. The 23,300 SF, C-2 zoned site is now vacant and was previously an Esso gas station before Landa bought the site in 2015 for $18 Million (or $313 per buildable SF).

The plan for the site is a 4-storey, mixed-use commercial and residential building that includes:

  • 32 market residential units;
  • A total density of 2.48 FSR;
  • A building height of 57,762 SF;
  • 7 retail units at grade;
  • 80 underground parking on two levels accessed from the rear lane.

 

Under the site’s existing C-2 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The architect for the project is Rafii Architects.

February 17, 2018by david.taylor@colliers.com
Development, Retail

Infill Building Proposed for Cambie Street

A development application has been submitted for a 4,659 SF lot on the West side of Cambie between West 18th and West 19th Avenues.

The site is currently occupied by Pronto Restaurant and sister bar Prontino. The imminent closure of the restaurant was featured in Global News.

The development proposal involves the development of a new 4-storey, mixed commercial and residential building consisting of:

  • Dental office on the ground floor;
  • 5 residential units above;
  • 1 level of underground parking, having vehicular access from Tupper Street;
  • A proposed building height of 44 ft;
  • A total density of 2.16 FSR.

Under the site’s existing C-2 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The building sold in 2016 for $4,388,000, or $436 per buildable SF based on the development application.

February 8, 2018by david.taylor@colliers.com
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