A development permit application has been submitted for 179 Main Street, located directly North of the Fire Station at Main and Powell. The zoning for the site is DEOD and the plan is for a 9-storey residential building including the following:
More information: http://former.vancouver.ca/devapps/179main/index.htm
The Central Presbyterian Church in partnership with Bosa Properties has applied to rezone 1155 Thurlow Street from RM-5B to CD-1 to allow development of a 22-storey mixed-use building including market and non-market rental housing, retail space, a church and a preschool. The proposal, which precedes the recently adopted West End Community Plan includes:
The application was made under the Policy on Consideration of Rezoning Applications and Heritage Revitalisations Agreement During Community Planning Processes and the Mayor’s Task Force on Housing Affordability.
Learn more here: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/1155thurlow/index.htm
As we ring in the New year, an analysis of the REBGV’s Housing Price Index for apartment/condo’s on Vancouver Westside, including Downtown, shows that pricing has been flat for over two years now.
Resales values have likely been suppressed amid a large amount of new inventory coming to market; particularly in areas like Southeast False Creek and Cambie Corridor.