Rezoning and special development permit applications have been submitted by Merchant House Capital to the City of New Westminster for a site at 65 1st Street on the Eastern edge of the Downtown area of New Westminster, near the Pattullo Bridge.

The 49,729 SF site is improved with an 1980’s era lowrise strata building with 61 units that was converted to rentals, called Kinnaird Place.

The site is currently zoned RM-2 which allows a density of 1.80 FSR, but under the new TOA legislation, the site can be built up to 3.0 FSR.

The proposal for the site is for two towers, 35-storeys and 30-storeys in height, and includes:

• 633 residential units;
  • a 329 unit rental tower;
  • a 304 unit condo tower;
• a total density of 10.58 FSR;
• building heights of 400 ft. and 344 ft.;
• 401 underground parking stalls.

The architect for the project is Arcadis.

The site was acquired by Merchant House in 2021 for $22,750,000, or $45 per buildable SF based on the proposed density in the application. The site was listed an sold by Macdonald Commercial in 2021.

QuadReal has unveiled preliminary concept plans for the redevelopment of Capilano Mall in North Vancouver. The plans are being unveiled for community input before a more detailed application in 2025, including a required OCP Amendment.

The 17-acre property has been the subject of preliminary planning on and off since 2019, but got underway again in 2023.

Overall concept details include:

• 11 Towers, 12-40 storeys in height;
• ~ 3,100 residential units;
• 30% rental;
• 10% mid-market rental;
• 152,000 SF of retail/commercial space;
• 1.5 acres of public/park space
• a 20-30,000 SF community centre;
• a total density of 4.0 FSR.

Further info can be found on the project’s consultation website: https://www.reimaginecapilano.com/

We are pleased to present the opportunity to purchase this approved, 5-storey rental project with retail in the Maplewood Village area of North Vancouver.

𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀

• Rezoning and development permit approved for 36 rental units with 5,100 SF of retail space
• Substantial design and site due diligence work already completed representing considerable cost savings to buyer
• Shared access ramp with neighbouring project and one level of underground parking minimize cost
• DCLs and Off-site costs already confirmed with DNV
• Project scheduled for BP issuance early 2025, with construction start to follow
• Scarce rental inventory in North Vancouver leading to strong rent growth
• Desirable location in established and flourishing Maplewood Village area
• Highly marketable to North Shore renters– walkable to all amenities, schools, also convenient access to Highway 1, Downtown Vancouver and Burnaby

https://www.collierscanada.com/en-ca/properties/approved-woodframe-rental-development-opportunity-in-north-vancouver/can-2045-old-dollarton-road-north-vancouver-bc/can2016740

GWL Realty Advisors Inc. has applied to the City of Vancouver for permission to redevelop the 264 ft. of frontage that they own in the 1500 Block of Robson Street at 1525-1555 Robson, at the corner of Cardero Street.

The site is an assembly of two separate site acquisitions, with the latter of the two at 1555 Robson acquired in April 2024 out of foreclosure, for $58 Million.

The plan for the combined site is two rental towers, 29-storeys and 28-storeys, with retail uses at grade. Details include:

• 393 market rental units;
• 40,000 SF of retail space on two levels (1.2 FSR);
• a total density of 9.625 FSR;
• four levels of underground parking with 251 parking stalls.

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 Arcadis.

Fabric Living has submitted a rezoning application for a site at 3295-3333 Commercial Drive in East Vancouver for a new lowrise rental building.

The 33,158 SF site is located on Commercial Drive near East 18th Avenue.

The proposal is to allow for the development of a 5-storey residential rental building and includes:

• 115 market rental units;
• an outdoor pool;
• a total density of 2.15 FSR; and
• A building height of 67 ft.

This application is being considered under the Secured Rental Policy.

The full application can be viewed here: https://www.shapeyourcity.ca/3295-3333-commercial-dr

The architect for the project is TKA+D.