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Apartment, Development, Retail

60-unit Rental Building Slated for Main Street Site

Locarno Development has submitted a rezoning application for a site at 3970-3998 Main Street. The site is currently occupied by two older lowrise commercial buildings.

The proposal is to allow for the development of a 6-storey market rental building that includes:

  • 60 market rental units;
    • 15 studios, 20 one-bedrooms, 21 two-bedrooms & 4 three-bedrooms;
  • 6,600 sq ft of retail space at grade;
  • A total density of 3.97 FSR;
  • A building height of 83 ft.;
  • 53 vehicle parking spaces and 128 bicycle parking spaces.

The application is being considered under the Secured Rental Policy.

The architect for the project is Yamamoto Architecture.

October 14, 2021by david.taylor@colliers.com
Apartment, Condo, Development

Condos & Rentals Pitched for North Van Site

The Dammholz Group of Companies has applied to the District of North Vancouver to redevelop seven existing single-family lots to create two, 4-storey buildings: one condo, and one market rental.

The site is located on the north side of West 16th Street, with Pemberton
Avenue to the east and Marine Drive to the north. The site is 31,691 SF in area and is comprised of seven single-family lots, currently occupied by six houses.

The Official Community Plan (OCP) designates the site as “Residential Level 5″(RES5) which envisions low-rise apartments at a density of up to
approximately 1. 75 FSR.

Details of the proposal include:

  • 31 condo units;
    • 9 one-bedrooms, 16 two-bedrooms & 6 three-bedrooms;
  • 31 market rental units;
    • 9 one-bedrooms, 16 two-bedrooms & 6 three-bedrooms;
  • a total density of 1.75 FAR;
  • 70 underground parking stalls on one level;
  • a CAC of $1,002,795.

The architect for the project is Cornerstone Architecture.

October 12, 2021by david.taylor@colliers.com
Apartment, Condo, Development

349-Unit Condo & Rental Project Planned for Burquitlam Site

Strand Development has submitted a rezoning and development application for a site on Claremont Street, just North of Como Lake Avenue in theOakdale area of the Burquitlam Lougheed Neighourhood Plan area in Coquitlam.

The 1.0 acre site is an assembly of five single family lots.

The proposal calls for the development of a 29-storey condo tower and 6-storey rental building. Details include:

  • 246 condo units;
  • 89 market rental units;
  • 14 below-market rental units;
  • 389 underground parking spaces;
  • 19,250 sq ft. of common amenity space;
  • a total density of 5.50 FAR.

The architect for the project is IBI Group.

Strand acquired the site in 2021 for $17,700,000 or approximately $70 per gross buildable sq ft based on gross density in the application.

September 26, 2021by david.taylor@colliers.com
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