Wesgroup Properties has acquired the Chevron site at Dunbar and West 39th Avenue on Vancouver’s Westside. The 18,009 SF C-2 zoned site sold for $19,400,000, or $430 per buildable SF based upon the density permitted under the existing zoning.

The gas station site was one of a few properties offered for sale by Chevron in 2016. Others included the site on West Georgia downtown, and a now closed commercial station at Clark & 1st.

Rendition Developments has submitted a rezoning application  for a long-vacant site at the NW corner of Main and 41st. The proposal for the 11,684 SF site at 5679 Main Street is for a 6-storey mixed-use building including:

• 52 rental apartment units;
• 5 studios, 29 one-bedroom units, 15 two-bedrooms & 3 three-bedroom units
• 4,089 SF of ground floor retail space
• a total density of 3.46 FSR
• a building height of 76 ft.; and
• 33 underground parking spaces and 72 bicycle parking spaces.

Existing condition

This application is being considered under the Secured Market Rental Housing (Rental 100) Program.

The site sold in May 2016 for $6,000,000, or $149 per buildable SF based on the rezoned density anticipated in the application.

EDIT: This post previously mentioned that the site was an old gas station, which is not accurate, it was previously a commercial building torn down many years ago.

Westbank Corp. has filed their rezoning application for the 23,234 SF site at the Northwest corner of Broadway and Alma Street. The site at 3701-3743 West Broadway is currently zoned C-2 and is currently improved with an old strip retail property.

The rezoning proposal is for a 6-storey mixed-use project, which includes:

• 94 secured market rental units;
• 59 studios, 1 one-bedroom, 33 two-bedrooms, 1 three-bedroom
• 7,190 SF of retail space
• A total density of 3.15 FSR;
• A building height of 64 ft.; and
• 99 parking spaces.

This application is being considered under the Affordable Housing Choices Interim Rezoning Policy. The architect for this project is Henriquez Partners.

The site was acquired by Westbank in 2011 for $9,443,000 or $121 per buildable SF based upon the current rezoning application.