Cressey Development Group is proposing to redevelop six residential lots in the Lions Gate Village area of Norht Vancouver (formerly Lower Capilano).

The lots are located on the border with West Vancouver at 1801-1865 Glenaire Drive and 2064 – 2082 Curling Road and together comprise a 50,289 SF L-shaped site.

The proposed new development includes:

• 40 three-storey, 3-bedroom townhouses in 6 buildings;
• Unit sizes ranging from 1,610 SF to 1,811 SF;
• a total density of 1.19 FSR;
• a CAC of $164,797

Westbank Corp. has now submitted their formal rezoning application for the site they own at 1668-1684 Alberni Street, at the corner of Bidwell Street. The site is currently home to two older midrise concrete condo buildings located just across Alberni from the former Chevron site, sold recently. The site also sits on the same block as a proposed 42-storey rental tower.

The current zoning for the 21,607 SF site is RM-5C thought the site is one of several that were redesignated under the West End Community Plan, this area known as the Denman Village. The proposal, designed by Bing Thom, is a 39-storey residential building including:

• a six-storey podium;
• 94 market residential units;
• 13 one-bedrooms, 25 two-bedrooms, 55 three-bedrooms & 1 four-bed;
• 5,500 SF floorplates;
• the top 18 floors will feature only two units per floor;
• a total density of 10.7 FSR;
• four levels of underground parking with 180 vehicle parking stalls and 120 bicycle parking spaces; and
• a building height of 385 ft.

The application describes Bing Thom’s design rationale:

Wesgroup has acquired the Chevron at 1008 West 41st Avenue (Southwest corner of Oak and 41st) for $12,249,400. The 135′ x 130′ (17,500 SF) site is currently zoned C-1 commercial, but can be potentially rezoned to allow greater density for rental housing.

Wesgroup also acquired the adjacent building and lot to the South at 5775 Oak Street earlier this year for $16,350,000.

The two sites combined would create a consolidated lot 35,980 SF in size.