PCI Group, in partnership with HOOPP, have completed their acquisition of the Alsco site, a 1.66 acre redevelopment property in the Mount Pleasant area of Vancouver.
The site, located at 5 West 4th Avenue between Ontario and Manitoba Streets is L-shaped and is zoned I-1. The I-1 zoning permits a density of 3.0 FSR, or just over 205,000 SF.
Strand Developments has applied to the City of Vancouver for permission to develop an 18,772 SF site at the corner of West 2nd Avenue and Alberta Street in the Olympic Village area. The site at 302 West 2nd Avenue is zoned I-1 in the Mount Pleasant Industrial Zone.
The proposal is for a 4-storey building with manufacturing uses on the ground floor and office space above. Details include:
Under the site’s existing I-1 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 MCMP.
The full development application can be viewed here: https://development.vancouver.ca/pc302w2nd/index.htm
Strand acquired the site in 2015 for $11,250,000, or $200 per buildable SF based on the application.
Rendition Development has submitted a development application to the City of Vancouver for permission to develop a site at the Northwest corner of West 5th Avenue and Columbia Street in Mount Pleasant. The site is currently improved with a vacant commercial building and is zoned I-1. It is the latest in a string of commercial development applications for the area.
The plan for the site is a 4-storey commercial building that includes the following:
Under the site ’s existing I-1 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.
Rendition acquired the site along with an adjacent parcel across the lane for $10,600,000 in 2018.
The architect for the project is Mallen Gowing Berzins Architecture, Inc.