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Apartment, Development

Market Spotlight: City of Vancouver Rezoning Applications

Here is a brief overview of City of Vancouver rezoning applications going before City Council next week:

468 West 33rd Ave & 4956-4958 Cambie Street

468 West 33rdThis application was made by Kenstone Properties back in August 2014.

The proposal is for a 65-unit, 6-storey condo building at the Southeast corner of 33rd and Cambie. If approved by council it will go to public hearing next.

5648-5678 Victoria Drive

5678 VictoriaThis proposal, by Bhandal Homes, is for a 6-storey, 48-unit market rental apartment building with retail at grade. The site is currently zoned C-2, but the application for greater density (3.48 FSR) is being made under the Rental 100 policy.

It is seeking to go to public hearing.

3819 Boundary Road

3819 BoundaryThis is another market rental application being made under the Rental 100 program. The plan for this site, originally conceived in 2013, is to rezone from C-1 to allow a 4-storey building with 23 rental apartments. If approved it goes to public hearing.

April 24, 2015by david.taylor@colliers.com
Apartment, Development

Polygon Planning 321 Unit Development in Lynn Valley

Polygon Homes has applied to rezone the Mountain Court multifamily complex in North Vancouver for a new multi-phase strata and rental complex in four 5-storey buildings. Mountain Court is an aging apartment complex built in 1968 on a 4.13 acre site located just south of Lynn Valley Centre. This sits next to Polygon’s Canyon Springs project; currently under construction and expected to be completed in 2016.

The District of North Vancouver’s Official Community Plan allows a total density on this site of 2.5 FSR, and the more recent Lynn Valley Town Centre Flexible Planning Framework allows buildings up to 5-storeys.

The proposal includes:

  • Phase one:
    • a 75-unit market rental building (1:1 unit replacement, this is the CAC for the development)
    • a 68-unit strata building
  • Phase two:
    • two buildings totaling 178 units
  • A total of 321 units (76% two and three bedrooms)
  • A total of 372,072 SF
  • A density of 1.82 FSR

It is anticipated that this will be built out over a five year period.

Mountain Court_1 Mountain Court Mountain Court_2

 

April 21, 2015by david.taylor@colliers.com
Development

8-Storey Building Proposed for Cambie Near Langara/49th Station

An application has been submitted by L & A Real Estate Investment to rezone a 20,080 SF site at 6318-6340 Cambie Street from RT-2 to CD-1 to allow an 8-storey mixed-use building and seven townhouses, including:

    • 50 residential units;
    • 14 One-Bedrooms, 25 Two-Bedrooms and 11 Three-Bedrooms
    • commercial space at grade;
    • a maximum building height of 95 ft.;
    • a density of 3.25 FSR; and
    • 61 underground parking spaces.

The requested density is the limit under the current Cambie Corridor Plan designation for this area (2.25-3.25). The architect for the project is Integra Architecture.

The project will sit across the street from two 8-storey projects already complete or near completion including: Forty Nine West, and Prelude (completed 2014).

6318 Cambie 6318 Cambie_2

 

April 14, 2015by david.taylor@colliers.com
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