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Development, Land, Market Research

District of West Vancouver Anticipates Minimal Response to SSMUH Legislation

The District of West Vancouver has released a report outlining their response to Provincial Bill 44: Housing Statutes (Residential Development) Amendment Act that requires municipalities to allow for Small Scale Multi Unit Housing (SSMUH) on all single family and duplex zoned lots by June 30, 2024.

West Vancouver has taken the approach that the vast majority of their lots are not subject to the legislation since “the definition of “Restricted Zone”….does not encompass parcels that permit single-family dwelling, secondary suites and detached secondary suites (coach house). Consequently, the District’s RS1-5 and RS7-10 zones are not “Restricted Zones” and not subject to SSMUH requirements.”

The report goes on to outline that there are only 222 parcels affected by the proposed zoning
amendments, constituting 1.6% of residential lots in West Vancouver and resulting in a theoretical net increase of 363 units in zoned capacity.

Below is a map, outline in orange, those single family lots which are within 400 metres of frequent bus service and therefore will require update to allow up to 6-units.

It is expected that the zoning bylaws will be updated by the June 30, 2024 deadline.

April 30, 2024by david.taylor@colliers.com
Apartment, Development, Rental

22-Storey Rental Tower Proposed for West End Site

Townline Homes has submitted a rezoning application for a site at the northeast corner of Davie Street and Cardero Street in the West End of Vancouver. The proposal for the 17,290 SF site contemplates the replacement of a 4-storey, 33-unit condo building with a 22-storey rental tower.

A previous DP application for this site was originally submitted by Townline in 2022, proposing a tower with 96 condo units and 32 social housing units. The existing RM-5D zoning allows 7.0 FSR with 5,500 SF floorplates.

Details of the proposal include:

  • 198 market rental units;
  • 20% below-market rental units (approximately 37 units);
  • a total density of 8.0 FSR;
  • 6,600 SF floorplates;
  • A building height of 226 ft. with additional height for mechanical appurtenances.

This application is being considered under the West End Community Plan.

The architect for the project is Boniface Oleksiuk Politano Architects.

The site was acquired in 2018 for $45,250,000 or $326 per buildable SF based on the application.

April 29, 2024by david.taylor@colliers.com
Land

Westside Land Assembly Sells in $28M Deal

Four lots on West King Edward Avenue have been acquired by Amica Senior Lifestyles with partner Marcon for what is expected to be a 6-storey independent living building.

The lots at 1110-1150 West King Edward Avenue are located on the South side of King Edward, two blocks West of Oak Street. The four lots combined total 38,700 SF. The total purchase price for the assembly was $28,450,000.

A rezoning application has now been submitted for the site which proposes a 6-storey seniors facility with 169 proposed units. The proposed height is 91.8 ft. and FSR is 3.08. 45 parking spaces under one level of underground parking is proposed.

Based on the application the purchase price equates to $239 per buildable SF.

The sale was brokered by London Pacific.

This is the latest in a number of land assembly acquisitions by Amica on the Westside of Vancouver, including two sold by our team.

April 17, 2024by david.taylor@colliers.com
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