The building at the Northwest corner of Dunbar Street and West 29th Avenue has sold for $15,848,000. The 129′ x 100′ site contains seven retail businesses including Starbucks and The Dunbar Public House.

4455 Dunbar Street is zoned C-2, which permits a potential density of 2.50 FSR, or 32,250 SF buildable under current zoning. The price equates to $491 per buildable SF. The buyer is a local private investor and there is currently no word on any future redevelopment plans.

At the Southeast corner of this intersection is a project currently under construction entitled Dunbar Terrace, which will contain 60 rental units.

Conwest Group has submitted an application to rezone a 10,676 SF mid-block site at 3070 Kingsway from C-2 to CD-1 to allow a 6-storey mixed-use building with a 3-storey townhouse development at the lane, consisting of:

• 40 secured market rental units;
• 3,080 SF of retail at grade;
• A total density of 3.27 FSR;
• A height of approximately 60 ft.; and
• 24 parking spaces.

The site is located on the South side of Kingsway between Rupert and Kerr Street, just south of the Joyce Collingwood neighbourhood. It is currently improved with a nondescript retail building.

The application is being considered under the Secured Market Rental Housing (Rental 100) Policy.

The architect for the project is GBL Architects.

The site was acquired in October 2015 for $3,750,000 or $106 per buildable SF based on the application.

M28 Holdings Ltd. has submitted a development application for a 75′ x 112′ site at the Southeast corner of 28th and Main for a new rental apartment building. The C-2 zoned site is currently occupied by single storey retail including Le Gent Antiques on the corner.

The new development will be 4-storeys and will include:

• retail and restaurant uses on the ground floor;
• 21 rental market rental units;
• a total density of 2.5 FSR;
• a building height of 45 feet;
• two levels of underground parking accessed from the lane.

Under the site’s existing C-2 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The site sold in December 2016 for $6,980,000, or $341 per buildable SF based on the application.