Westbank has applied to the City of Vancouver to rezone a site in the Joyce-Collingwood area to allow a 29-storey condo tower. Details include:

• 3,530 SF of commercial space at grade
• 191,000 SF of residential space
• 236 apartment units
• A density of 14.33 FSR

The City describes the rationale for the proposed rezoning:

“This site falls within the area of the ongoing Joyce-Collingwood Station Precinct Review. The review is anticipated to provide new policy advice to consider rezoning applications in a focused area around the Joyce-Collingwood SkyTrain Station. The outcomes of the Station Precinct Review will be brought forward for consideration by City Council prior to the Council’s consideration of this application.”

The 63-storey Trump Tower Vancouver is nearing completion. The 63-storey, 218 unit condo and 147 hotel room tower is expected to open in summer 2016.

Photo courtesy 604 City on Flickr

PCI Group has filed an application to rezone a property they own at 2805 East Hastings Street, most commonly known as a Burger King for many years. The plan for the 24,902 SF, C-2C1 zoned site is to develop a six-storey rental building with retail on the ground floor. The proposal includes:

• 92 rental apartment units;
• 18,300 SF of CRU retail on the ground floor;
• a density of 3.84 FSR
• a building height of 70.2 ft. ; and
• 97 underground parking spaces.

This application is being considered under the Rental 100 Program and is possible due to the site’s location on a main arterial street. The site has 204 feet of frontage on Hastings.

The application describes the development as follows:

Lost amid the hype surrounding the impending City of Vancouver council decision on the removal of the Dunsmuir and Georgia viaducts is the release of the policy statement for the Oakridge Transit Centre (“OTC”) site, which is slated for imminent sale.

OTC is a 13.8 acre site on West 41st Avenue just east of Oak Street that is owned by Translink and has been used as a bus barn since 1948. Upon completion of the new Vancouver Transit Centre in 2006, the site became redundant over the next few years and Translink subsequently approached the City to redevelop the site. Planning began in early 2014, with various open houses and workshops, culminating in the current policy statement.

The report describes the vision for the site:

• a total density of 2.1 FSR
• 1,265,000 SF of development (estimated to be roughly 1,200 units)
• Building heights of 3-15 storeys
• 20% of units are affordable housing units
• 10,000-20,000 SF of retail uses along West 41st frontage
• 2.3 acre park
• $60 Million+ CAC
• Rezoning for adjacent Oakmont Medical Centre site (6-storeys, 2.5 FSR) and Petro Canada (8-storeys, 3.25 FSR)

A lowrise retail and office building at West Broadway and Ash Street has sold for $38,888,888 to a Chinese investor. The 34,600 SF building was sold by TPMG Capital, a long-time owner. The property is 31,250 SF in size and is zoned C-3A which allows a density of 3.0 FSR, but only for commercial use in this sub-area, this equates to $415 per buildable SF. The main retail tenant is Rogue, which has a long-term lease.