A development application has been submitted by Bene Group for a 7,500 SF site in Downtown Vancouver at 852-872 Seymour Street. The development proposal is for a 7-storey office building with heritage retention and commercial at the ground level.

Details include:

• 41,240 SF of office space;
• A building height of 70 ft.;
• Total density of 5.5 FSR (including 10% Heritage Preservation Bonus)
• Three levels of underground parking with 34 stalls.

The proposal entails preservation and restoration of the existing 1926 heritage building on site. The site area is 62.5 x 120 ft.

Under the site’s existing DD zoning, the application is “conditional” so it may be permitted. However, it requires the decision of the Director of Planning.

The subject property sold in 2020 for $15,000,000, or $364 per buildable SF based on the application.

The architect for the project is Arno Matis Architecture.

Cascadia Green has submitted a rezoning application to the City of North Vancouver for the redevelopment of the Midas site at 800 Marine Drive.

The 15,500 SF site is located at the corner of Marine and Fell. The OCP designates the site and surrounding areas to the north and east as Mixed Use Level 2 (MU2), which supports mixed-use development up to 6-storeys and 2.50 FSR.

The plan for the property is a new 4-storey building that includes:

• 19 condo units;
  • 6 studios, 11 two-bedrooms and 2 three-bedrooms;
• 9,000 SF of retail space
• 12,000 SF of 2nd floor office space;
• 39 parking stalls
• a total density of 2.50 FSR.

The architect for the project is WA Architects.

The site was acquired for $7,975,000 or $206 per buildable SF based on the application.

I am pleased to introduce for sale 225 West 8th Avenue, a well-positioned office investment opportunity in the Mount Pleasant area of Vancouver.

This 21,000 SF, 4-storey concrete office building is fully leased and is ideally located to capture future rent growth in this burgeoning area of the City.

The building is located just two blocks from Broadway City Hall Canada Line Station, soon to become a transit hub in the region as it intersects with the Broadway Millenium Line Extension.

The site also benefits from future redevelopment potential through the forthcoming Broadway Plan, which could allow up to 6.0 FSR commercial/industrial development if assembled with neighbouring lots.

Please click here or contact me for further details.