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Development

FOR SALE: West End Development Opportunity

We are pleased to reintroduce 1860 Barclay Street, the only 33 ft. lot in the West End permitted for a 6-storey infill development building. This is a unique opportunity for a builder or owner occupier to acquire a site with permits in place and immediate development potential. 

The site is offered at $5,980,000.

 

March 26, 2018by david.taylor@colliers.com
Development

First Phase of Pearson Dogwood Redevelopment to Include 445 Units

Onni Group has submitted a development application for the first phase of the Pearson Dogwood redevelopment. Onni acquired the 25 acre site in 2014 as part of a phased deal that finished in 2016, at the time a formal rezoning application had been submitted for the overall master plan of the site. The overall plan calls for a multi-phase, multi-year buildout that will eventually total approximately 2,700 residential units.

The first phase “Parcel A” entails development of an 81,142 SF parcel on the Southeast corner of the site, at the corner of Cambie and West 59th Avenue. The proposal includes the following:

  • 445 total residential units (307 market  units & 138 social housing units);
  • 44 Pearson supportive units;
  • 13,136 SF of retail uses on the ground floor;
  • building heights of 285 ft (26-storeys) and 243 ft (22-storeys);
  • a total density of 5.86 FSR;
  • 475,420 sq. ft. of floor area; 
  • a diagonal pathway accessing the interior of the larger site; and,
  • four levels of underground parking accessed from a new internal street.

The application describes the building program: “Generally, the retail space is along the north edge of the building on 58th Avenue and along a portion of Cambie Street. One market residential unit lobby (shared with the Pearson supportive housing units) is located on the new internal road, while the other is along Cambie Street. The affordable housing lobby will be facing 59th Avenue along with some market townhomes. The parkade ramp is located in the new internal road.”

 

Under the site’s approved CD-1 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Development Permit Board.

The architect for the project is IBI Group.

February 20, 2018by david.taylor@colliers.com
Development, Retail

32-Units Above Retail Planned for Alma & 10th Corner

A development application has been submitted by Landa Global for their site at the Southeast corner of West 10th and Alma Street. The 23,300 SF, C-2 zoned site is now vacant and was previously an Esso gas station before Landa bought the site in 2015 for $18 Million (or $313 per buildable SF).

The plan for the site is a 4-storey, mixed-use commercial and residential building that includes:

  • 32 market residential units;
  • A total density of 2.48 FSR;
  • A building height of 57,762 SF;
  • 7 retail units at grade;
  • 80 underground parking on two levels accessed from the rear 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 architect for the project is Rafii Architects.

February 17, 2018by david.taylor@colliers.com
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