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Apartment, Development

Plan for West Broadway Denny’s Site Includes 153 Rental Units

A rezoning application has been submitted for the “Denny’s” site at 1296 West Broadway. The site was sold in February 2016 to Jameson Development Corp for $26,250,000. The rezoning for the 18,762 SF site call for a 16-storey mixed-use building with apartments above retail and a small office component. The proposal includes:

    • 153 rental apartment units;
    • 27 studios, 70 one-bedrooms, 41 two-bedrooms & 15 three-bedrooms
    • 30,220 SF of retail space on two levels
    • 4,891 SF of office space
    • A total density of 7.07 FSR;
    • A building height of 159 ft.; and
    • 168 parking spaces

1296-west-broadway_11296-west-broadway_4 1296-west-broadway_2 1296-west-broadway_3 This application is being considered under the Secured Market Rental Housing (Rental 100) Policy.

The architect for the project is IBI Group.

The land sale from last year equates to $198 per buildable SF based on the anticipated rezoning.

January 11, 2017by david.taylor@colliers.com
Development

41-Unit Condo Building Planned for Uptown Area of New Westminster

Alpha Beta Developments has applied to the City of New Westminster to allow development of a new 6-storey condo development on an existing 13,510 SF, three lot land assembly in the Uptown area.

The application entails an OCP Amendment and Heritage Revitalization Agreement (HRA)  for the properties located at 612 to 618 Brantford Street. The OCP amendment would change the land use designation of the property from (CH) Commercial Historic Area to (RM) Residential Medium Density. The HRA application allows retention of the existing 1890 heritage home on the site.

Details of the project include:

  • a total of 41 units
  • 17 one-bedroom units, 18 two-bedroom units & 7 three-bedroom units
  • total density of 2.90 FSR
  • 57 underground parking spaces

612-brantford612-brantford_1612-brantford_2The architect for the project is Boldwing Continuum Architects Inc.

January 10, 2017by david.taylor@colliers.com
Development

Planned 157-Unit Development for Moodyville Seeking Approval

Qualex Landmark has submitted their development application for the 700 and 800-blocks of East 3rd Street. The site is located in the Moodyville area of North Vancouver, which was approved as a district rezoning in April 2016.

As one of the first applications to go before City of North Vancouver council, this particular application is for the South side of East 3rd Street between Queensbury Avenue and Moody Avenue. The site also sits adjacent Moodyville Park and involves a land exchange where the City receives new park land. The plan is for a new development under the RM-2 Zone and Moodyville Development Guidelines.

The proposal is for three 4-storey residential buildings, and includes:

  • 157 residential units
  • total density of 1.8 FSR
  • 235 total parking stalls
  • CAC of $4.2 Million ($20 up to 1.6 FSR, $110 up to 1.8 FSR)
  • 25,000 SF of new park land

700-e-3rd700-e-3rd_1

January 9, 2017by david.taylor@colliers.com
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