We are pleased to announce the successful completion of sale of 3233-3245 Fraser Street in East Vancouver.

Paul Y. Construction has submitted a rezoning application to the City of Vancouver for a site at 848 Seymour Street in Downtown Vancouver.

The proposal is to allow for the development of a 30-storey hotel that includes:

• 393 hotel rooms;
• a total density of 17.7 FSR;
• A building height of 317 ft.; and
• 59 vehicle parking spaces and 33 bicycle parking spaces.

The application is being considered under the Rezoning Policy for the Central Business District (CBD) and CBD Shoulderand the Metro Core Jobs and Economy Land Use Plan.

The architect for the project is Perkins & Will.

Concord Pacific has submitted their formal rezoning application to the City of Burnaby for Phase 2 of their Concord Metrotown project, on the Western portion of the overall site.

The overall master plan for the Concord Metrotown project originally proposed four phases of development. Concord has now proposed to coalesce the last three phases into one rezoning as a larger second phase. The total site area of Phase 2 is 5.30 acres and will likely be built out over a period of several years.

The proposal includes:

• a 40-storey condo & non-market rental building;
• a 49-storey condo & non-market rental building;
• a 58-storey condo & non-market rental building;
• a 47-storey, 375,000 SF office tower at 614 ft. height;
• a 60-storey market rental building;
• a gross floor area of 2.3 Million SF;
• a total density of 9.99 FAR;
• 1,145 condo units;
• 188 non-market rental units;
• 791 market rental units;
• 616,000 SF of commercial space;
• 3,054 parking stalls.