Anthem Properties has completed on the purchase of a three-lot land assembly in the Oakridge Municipal Centre area of Vancouver.

The deal for the site at 5630-5688 Heather Street was originally started in 2022 and since late 2023 has been under a rezoning application for an 18-storey, 184 unit rental tower. The application was referred to public hearing on July 9, 2024.

5630-5668 Heather Street – Proposed Mixed-Use Rental Housing Development from BHA Architecture on Vimeo.

The purchase price for the site was $23,550,000, or $175 per buildable SF based on the application density.

Coromandel Properties and Peterson Group have submitted two concurrent rezoning applications for sites in the Oakridge area. The rezonings contemplate two condo towers on Manson Street, and the required 30% social housing requirement to be placed on a nearby site at Ash Street and West 37th.

These applications represent the first transfer of social housing density between sites in the Cambie Corridor Plan. To date, no proposals have been made in the Oakridge Municipal Centre area with a blend of condo and social housing.

Manson Street Site

The proposal on Manson Street is for an assembly of 5 single family lots at 5392-5472 Manson St. The proposal is to allow for the development of two 18-storey condo buildings over four levels of underground parking. The proposal includes:

• 248 condo units;
  • 76 one-bedrooms, 146 two-bedrooms & 26 three-bedrooms;
• A total density of 5.6 FSR;
• A building height of 197 ft.; and
• 266 vehicle parking spaces and 567 bicycle parking spaces.

The architect for this project is IBI Group.

Ash Street Site

The proposal for the site at Ash and West 37th Avenue anticipates rezoning a 3-lot single family assembly to allow for the development of the social housing component to be transferred from the Manson site above. The rezoning at 5250-5270 Ash St and 595 W 37th Ave calls for a 6-storey building that includes:

• 77 social housing units;
• a total density of 2.97 FSR;
• A building height of 75 ft.; and
• 31 vehicle parking spaces and 162 bicycle parking spaces.

The architect for the Ash Street project is NSDA Architects.

Both applications are being considered under the Cambie Corridor Plan.

Align Properties (formerly Vivagrand Properties) has submitted a rezoning application for a four-lot land assembly in the Oakridge Town Centre area at 5589-5661 Baillie Street, between West 39th and West 41st Avenues.

The site is 30,000 sq ft in total and comprises four single family houses.

The site is within the Cambie Corridor OCP, Oakridge area designed for 6-Storey secured rental apartment developments up to 2.5 FSR. The new zoning would be based on RM-9.

The proposal is to allow for the development of two 6-storey rental buildings that include:

• 120 market rental units;
  • 48 studios, 28 one-bedrooms & 44 two-bedrooms;
• A total density of 2.50 FSR;
• A building height of 65 ft.;
• 76 vehicle parking spaces and 170 Class A bicycle parking spaces

The application is being considered under the Cambie Corridor Plan.

The architect for the project is Integra Architecture.