Larco has submitted their rezoning application for the 4.4 acre site that they own in the Lower Capilano area; home to a former athletic club near Capilano Road and Marine Drive. This project will be adjacent to another 262-unit two-tower project announced earlier this year.

The plan calls for a mixed use project which would include 451 residential units, a small amount of at grade commercial, a mini-storage operation, and a public community centre.

The proposal is to build this project in four phases over ten years, with the community centre targeted to begin construction in year seven. Project details include:

• A total of 451 residential units;
• An 18-storey residential tower and a 12-storey residential tower;
• Three 6-storey apartment buildings, one of which is a market rental building;
• A 4-storey apartment building (two storeys over top of the community centre);
• A 4-storey seniors’ rental building;
• Twenty 2 and 3-storey townhouse units.
• A 26,550 SF community centre on the north side of the public plaza in the foot of the 12-storey tower;
• A public plaza in line with the future cross roads;
• A continuation of the open space with the village green park area next to the plaza;
• A new greenway trail along the western edge of the site;
• 4,200 SF of commercial space next to the public plaza; and
• A 125,000 SF underground mini-storage facility in the 3rd level of the basement.

Richport Town Centre, a large strip retail and office complex located on a 5.37 acre site on Ackroyd Road has sold for a reported $74,800,000.

The property contains 116,426 SF of rentable area and is anchored by Chapters Books, Royal Bank, Starbucks, Pennington Superstore, and City Fresh Market and many other retail and office uses.

A development application has been made for a site located at 311 East 6th Avenue, at the NE corner of East 6th and Scotia Street. The plan for the IC-3 zoned site is for a 6-storey building with 68 Artist Studio units, and 58 standard residential units. The building will incorporate an industrial feel into the design including brick, window wall and miscellaneous steel. Details include:

• A total floor area of 85,588 SF
• A total density of 4.73 FSR
• 113 underground parking spaces

The site was acquired earlier this year for $3,000,000 by Jameson Development Corp.

Here’s an update on a property I sold earlier this year at 1546 Nelson Street, which is now going through the development permit process to add laneway housing.

The existing 6-unit residential building is located on a 33 ft. site zoned RM-5, but the new West End Community Plan allows conditional laneway units. The proposal includes:

• 4 new residential units
• Ground-oriented family housing
• Landscaped inner courtyard
• Zero parking spaces
• Total density of 1.71 FSR