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Development

6-Storey Residential Building Proposed for West 41st

Buffalo Investment (Canada) Ltd. has applied to rezone 755-795 West 41st Avenue in the Oakridge area of Vancouver from RS-1 to CD-1 to build a 6-storey residential building, at a density of 2.72 FSR, including 0.25 FSR for market rental units. The architect is iConstrux Architecture Ltd.

Buffalo had acquired the site, a collection of single family lots, in November 2011 for $15,750,000, or $169 per buildable SF based on the intended rezoning. The market rental units will be located on the ground floor.

November 9, 2012by david.taylor@colliers.com
Development

Residential Tower to Eat Up Restaurants

Richmond Review – Residential tower to eat up restaurants.

A flurry of residential development in Richmond’s downtown is expected to soon gobble up two more businesses.

Townline Group of Companies is proposing to build a 16-storey tower with 126 homes at 8280 and 8300 Granville Ave., near St. Albans Road. City council’s planning committee endorsed the rezoning bid Tuesday.

Each site is currently occupied by a restaurant: An Nam Restaurant at 8280 Granville Ave. and Daimasu at 8300 Granville Ave. The proposed development is strictly residential and won’t have commercial space.

Read more: http://www.richmondreview.com/news/178001731.html

November 9, 2012by david.taylor@colliers.com
Development

38-storey Tower Planned for Nelson Avenue

Burnaby NewsLeader – 38-storey tower planned for Nelson Avenue.

A 38-storey apartment tower with three-storey townhouses is being proposed for a site comprised of 6530 and 6550 Nelson Ave. in Burnaby’s Metrotown area.

Both parcels are currently occupied with older low-rise apartment buildings in fair condition, one built in 1968, the other in 1970, according to a city staff report.

The developer, Concord Pacific Developments Inc., also recently consolidated and rezoned the site directly to the south to allow a 35-storey high-rise condominium tower with townhouses fronting onto Nelson and Dunblane avenues.

Read more: http://www.burnabynewsleader.com/news/177501731.html

November 8, 2012by david.taylor@colliers.com
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