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Development

8-Storey Condo Building Planned for 67th & Oak in Marpole

Coromandel Properties (formerly CM Bay Properties) has submitted an application to rezone an 18,274 SF site they own at the Northeast corner of Oak Street and West 67th Avenue in Marpole.

The vacant site is a former Esso Station that was sold by Imperial Oil through a market bid process. The sale closed in March 2016 for $8,350,000, or $151 per buildable SF based upon the anticipated rezoning described herein.

The proposal for a new development is for an 8-storey, mixed-use building that includes:

  • a total of 50 condo units;
  • 23 one-bedrooms, 20 two-bedrooms, 7 three-bedrooms
  • 3,172 SF of retail area at grade;
  • 4,700 SF of office space on the 2nd floor;
  • a building height of 99 ft.;
  • a density of 3.0 FSR;
  • 104 parking spaces and 67 bicycle parking spaces;
  • a public plaza

8242 Oak_28242 Oak_3 8242 Oak_1 8242 OakThe application is being considered under the Marpole Community Plan, which was adopted by the City of Vancouver in 2014.

The architect for the project is IBI Group.

January 13, 2017by david.taylor@colliers.com
Development

23-Unit Townhouse Development Proposed for Lynnmour Area of North Van

Brody Development Group has applied to the District of North Vancouver to allow a rezoning of four single family lots for a new townhouse development. The site is comprised of three lots on Orwell Street and one lot on Premier Street, in an area that is built out predominantly with townhouses.

The site falls within the District of North Vancouver’s Residential Level 3 designation in the Official Community Plan which allows a density of 0.8 FSR, though this application is proposing a lower unit count due to the irregular site configuration.

The plan for the project, labelled ‘Continuum Townhomes’ includes:

  • 23 townhouses
  • 3 two-bedroom units, 19 three-bedrooms & 1 4-bedroom unit
  • total density of 0.7 FSR
  • at-grade parking garages
  • total of 48 parking spaces

854 Orwell854 Orwell_1The architect for the project is Integra Architecture.

January 12, 2017by david.taylor@colliers.com
Apartment, Development

Plan for West Broadway Denny’s Site Includes 153 Rental Units

A rezoning application has been submitted for the “Denny’s” site at 1296 West Broadway. The site was sold in February 2016 to Jameson Development Corp for $26,250,000. The rezoning for the 18,762 SF site call for a 16-storey mixed-use building with apartments above retail and a small office component. The proposal includes:

    • 153 rental apartment units;
    • 27 studios, 70 one-bedrooms, 41 two-bedrooms & 15 three-bedrooms
    • 30,220 SF of retail space on two levels
    • 4,891 SF of office space
    • A total density of 7.07 FSR;
    • A building height of 159 ft.; and
    • 168 parking spaces

1296-west-broadway_11296-west-broadway_4 1296-west-broadway_2 1296-west-broadway_3 This application is being considered under the Secured Market Rental Housing (Rental 100) Policy.

The architect for the project is IBI Group.

The land sale from last year equates to $198 per buildable SF based on the anticipated rezoning.

January 11, 2017by david.taylor@colliers.com
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