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Development

Construction Update: Tate Downtown

Excavation and foundation work continues on Tate Downtown, a 41-storey condo tower at the corner of Howe and Drake in Downtown Vancouver. Developed by the Bonds Group of Companies, the project features 333 units, and is expected to be completed in late 2017. The site was rezoned in 2012.

TatePhoto courtesy mcminsen: http://po.st/6oV0br via @imageshack

December 10, 2015by david.taylor@colliers.com
Development

Rezoning Proposed for West Georgia “Flatiron” Site

A rezoning inquiry goes before City of Vancouver council next week for a site located at 1445-1455 West Georgia Street. The two-lot assembly is owned by Brilliant Circle Group, who acquired the two buildings in 2012/2013. The City’s policy report describes the 18,200 SF site as “unique and prominent due to its triangular shape and its location at the intersection of West Georgia, West Pender and Nicola Streets“.

It was reported in a Globe and Mail article earlier this year that the architect for the project is James Cheng.

The rezoning inquiry anticipates demolition and redevelopment of the two existing lowrise office buildings currently on the property into one landmark residential tower on what is arguably Vancouver’s most prominent ‘flatiron’ sites. The site is currently zoned DD and while not located in the West End Plan like some of the recent nearby proposals by Westbank and Bosa, City staff do appear to support a rezoning in principal. The height can only be considered because it falls under the Granville Bridge view cone limit, which is 515 ft; in addition, the site’s location on Georgia, a main arterial, also qualifies. Preliminary details include:

  • a 44-storey residential tower
  • a building height of 515 ft.
  • 250,000 SF of residential density (13.7 FSR)

If Council gives its approval to move forward with a rezoning application, more design details will likely emerge next year.

1445 W Georgia 1445 W Georgia_2

Proposed Tower Height

Proposed Tower Height

December 10, 2015by david.taylor@colliers.com
Development

Grosvenor’s Edgemont Village Project Moving Forward

Following years of planning and community consultation, Grosvenor’s proposal for a mixed-use project on a 2.1 acre land assembly including the Super Valu site in Edgemont Village, which has been under the working name “Grosvenor Edgemont” goes to council on Monday for approval. The site sits on the Western edge of Village, and was acquired by Grosvenor in 2013 for $36,000,000. It went to a public hearing in June 2015.

Development potential for the site was previously limited in terms of density, but recent planning policy including the new DNV OCP and Edgemont Village Centre Plan both facilitated a rezoning above 1.0 FSR.

The overall plan for the site is for a 3-storey building with a partial 4th level. Details from the development permit application include:

  • a total density of 1.67 FSR
  • 84,503 SF of residential space
  • 61,567 SF of commercial space
  • a new Thrifty Goods grocery store
  • 82 residential units including 59 apartments and 23 townhouses
  • 371 underground parking spaces on two levels
  • housing agreement to ensure owners are not prevented from renting units
  • CAC equal to $15.00 per SF per increase in density above 1.0 FSR

Grosvenor Edgemont_1 Grosvenor Edgemont_2 Grosvenor Edgemont_3

Grosvenor Edgemont_4In addition to Grosvenor’s project website (linked above), the District of North Vancouver has a site with links to various info on the proposal: https://www.dnv.org/property-and-development/3260-edgemont-boulevard-grosvenor

December 4, 2015by david.taylor@colliers.com
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