A rezoning and OCP amendment application have been submitted by Benedet Properties for a site at 2331-2335 St. Johns Street for a new 6-storey building including rental apartment units above retail.

The site consists of two lots at the southwest corner of St. Johns Street and Queens Street plus a portion of City land within the Queens Street right-of-way.

The proposal is to construct a 6-storey mixed-use commercial and residential building and a rooftop garden. The first two levels of the building would contain a Bosa Foods and a parkade for commercial use on the same ground level with a mezzanine and portion of residential parking stalls at the rear on the next floor. Due to the sloping nature of the site, the lowest commercial level
facing St. Johns Street is considered to be a “basement”.

Additional details include:

• 48 market rental units;
  • 8 studios, 21 one-bedrooms, 12 two-bedrooms & 7 three-bedrooms;
• 6,900 SF Bosa Foods Store;
• a total density of 2.63 FSR;
• a CAC payment of $161,627 ($2.88 per SF)

The architect for the project is Cornerstone Architecture.

Gracorp has submitted a rezoning application for a site at 1470-1476 West Broadway, on the South side of Broadway just East of Granville.

The proposal for the 15,633 SF site is to allow for the development of a 34-storey rental tower that includes:

• 300 rental units;
• 20% below-market;
• 2,500 SF of retail space;
• a secondary Broadway Subway station entrance for South Granville station;
• a total density of 13.0 FSR;
• A building height of 391 ft.

This application is being considered under the Broadway Plan. The application requests consideration of additional density and for a reduction in the minimum job space requirements.

The architect for the project is MCMP Architects.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/1470-1476-w-broadway

The Safeway property on West 4th Avenue and Vine Street in Kitsilano has been sold by Sobeys to a partnership between PCI Group and Low Tide Properties for $90,000,000.

The 2.2 acre property is zoned C-2B, which allows mixed use residential above ground floor commercial; up to 3.70 FSR and 6-storeys if the residential is rental. The Broadway Plan does not contemplate towers for the site.

No redevelopment plans have been announced but a likely development scenario under the existing zoning would include a 6-storey rental project with a new Safeway and additional retail on the ground floor.

The purchase price equates to $254 per buildable SF based on the existing zoning at a mixed-use rental density of 3.7 FSR.