Crestpoint, in partnership with InterRent REIT, have submitted a rezoning application for a 45,000 SF site at 2244-2280 West 6th Avenue for a new two-tower rental development.

The site has 375 ft. of frontage and is located in the Kitsilano North area of the Broadway Plan, on West 6th Avenue, between Yew and Vine Streets. The site is improved with two older lowrise apartment buildings with 89 existing units.

The proposal is to allow for the development of two 20-storey rental towers with a four-storey podium and includes:

• 416 rental units;
• 20% of the floor area for below-market units;
• a total density of 6.50 FSR;
• A building height of 219 ft.) with additional height for rooftop amenity space.

This application is being considered under the Broadway Plan.

The architect for the project is Kasian.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/2244-2280-w-6-ave

The MEC Building at 1077 Great Northern Way in the False Creek Flats area has sold to a partnership between Low Tide Properties and PCI Group for $103,000,000, or $916 per sq ft.

The site allows for a future expansion of the current office building by approximately 60,000 sq ft. on the Northern part of the almost 2-acre site.

The 112,400 SF office building was built in 2014 by Mountain Equipment Co-op and was subsequently sold, most recently in 2018 to Crestpoint for $75,000,000.

Since early 2020, MEC had been attempting to sublease most of the building.

A redevelopment plan for the Telus Boot site includes 4 high-rise residential towers above mixed use podiums, with retention of the iconic building and significant densification of the site.

The preliminary rezoning application was submitted this week by PC Urban for a major redevelopment of 3777-3791 Kingsway, the 6.6 acre site which is home to the iconic “Telus Boot” building. The building, also known as Brian Canfield Centre, is located at Kingsway and Boundary Road in the Metrotown area of Burnaby.

The existing building is a 22-storey, 690,000 SF L-shaped office building built in 1976 as the headquarters for BC Tel (now Telus), although it no longer functions as the company’s head office. A large portion of the overall site is improved with surface parking ripe for development.

Under the Metrotown Downtown Plan, the site is now designated for high-density mixed-use development.

The preliminary plan outlined in a report going to city council next week describes the following concept:

• a high-density mixed-use infill development including new office, residential and retail space;
• retention of the 21- storey “Telus Boot” building;
• removing other existing structures on site;
• four high-rise towers atop mixed-use podiums with activated street frontages along Boundary Road & Kingsway;
• improved site circulation and underground parking;
• open space amenities.

Further details including concept massing, renderings and an architect will be revealed in a future report as the application progresses.

A 50% interest in the property was last sold to a fund managed by Crestpoint Real Estate in 2014 for $86,500,000. H&R REIT had previously acquired the entire property for $150,000,000 in 2006.