It has been nearly two years since the Cambie Corridor Plan was implemented. The Plan, which covers a large stretch of land from West 16th Ave all the way south to Marine Drive, has already yielded a flurry of sales activity, with dozens of single family lots sold over the past two years.

So what does that activity look like so far? Here’s a summary:

• Approximately 15 land assemblies of 3 or more single family lots have completed.
• There are 10 sites that have submitted rezoning applications, totalling 1,043 units
• 4 sites have been approved for rezoning
• 2 projects are currently selling and under construction
• Average Community Amenity Contribution (CAC) charge of $40.00 per SF

Here’s a look the projects at various stages of planning and construction.

APPROVED

Elizabeth by Mosaic, 4837-4861 Cambie Street

Rezoning for this project was approved in 2012. It is a 5-storey woodframe project with 41 units, including 6 rental units and a total density of 2.05 FSR. The project is apparently over 50% sold at an average in the mid-$600’s per SF. Total CAC: $37 per SF. It is now in the construction phase.

Prelude by Cedar Developments, 6311 Cambie Street

Rezoning approved in 2011. 6-storey concrete project with 56 units and a density of 2.90 FSR. The project is apparently over 60% sold at around $700 per SF. Total CAC: $42 per SF. It is now under construction.

6361-6385 Cambie Street by Wanson Development

Rezoning for this project was granted at a public hearing on March 14, 2013. The project is expected to launch sales later this year and features 63 market units in an 8-storey concrete building with retail at grade. The total density approved is 3.29 FSR. Total CAC: $44 per SF.

4533-4591 Cambie Street by Intergulf

Rezoning for this project was also granted on March 14, 2013. This is a site we told you about last year and the proposal includes 167 units in 3 6-storey buildings. The total density approved is 2.50 FSR. Total CAC: $40 per SF.

PROPOSED

4139-4187 Cambie Street by Dava Developments

This site was sold by us in 2011 and is now at the open house stage (April 4 at 5pm at the Douglas Park Community Centre). The plan is for two 6-storey buildings and a total of 76 units. 2.60 FSR.

4412-4488 Cambie Street by Dava Developments

Dava also acquired this site at Cambie and W 29th Ave and has filed for rezoning for 102 units and a total density of 2.60 FSR.

4959-5109 Cambie Street by (Private local developer)

This site was a large assembly of 10 lots by an offshore developer in September 2011. A rezoning application was subsequently filed by Formwerks Architecture for a 161-unit development in a 6-storey development.

665-685 West 41st Avenue (site owned by FY Shao)

This site was also assembled and sold in September 2011. A rezoning application was subsequently filed, also by Formwerks Architecture for a 267-unit development (inclusive of some rental units) in a 6-storey development.

755-795 West 41st Avenue (site owned by Buffalo Investments Ltd.)

This site sold in November 2011 for $184 per buildable SF. A rezoning application was filed in September 2012 for a 6-storey building totaling approximately 110 units and a density of 2.72 FSR (above the guide of 2.50 FSR).

Other sites that may recieve applications shortly include a site now owned by Kenstone Properties in the 4900 block of Cambie, 563-571 West King Edward Ave now owned by Regent International, and the King Edward Station lands at 4099 Cambie Street owned by Yuanheng Development.

Of course, we haven’t even mentioned the largest rezoning application in the whole corridor; that being the Oakridge Centre redevelopment (which we covered last year) which could exceed 2 Million SF of space and almost 2,000 units.

Given the number of single family lots in the corridor that have yet to sell, the projects listed here are just the beginning, and it will be years, possibly decades before the corridor is anywhere near full buildout. Stay tuned here for future land sales and rezonings.

After more than 50 Vancouverites signed up to speak at a public hearing Tuesday night, city council planned to push back its vote by two weeks on a controversial plan to rezone a prime piece of waterfront real estate in the city’s West End.

Many of the planned speakers were locals asking city hall either to reject the plan or force affordable housing into a Beach Towers rezoning application that proposes the development of 133 units available at above-market rental prices.

“We want a third of these units to have a starting rent that’s targeted to the median income in our community,” said Christine Ackermann of the West End Residents Association. “I think it’s our job to push city hall for more affordability and I think they can get it.”

Devonshire Properties‘ plan for Beach Towers (1600 Beach Avenue and1651 Harwood Street) goes to council next week. The plan is to rezone from RM-5A to CD-1 to add 133 units on the existing four tower property with new infill development to be added as follows:

• on the Beach Avenue site, 118 new market rental units located within a four-storey building fronting Beach Avenue and a nine-storey building at Harwood and Cardero streets, a one-storey amenity building at Beach and Cardero streets, and enclosure of the bases of the existing towers, thereby increasing the allowable floor area by 89,095 sq. ft.; and
• on the Harwood Street site, 15 new market rental units located within two- and three-storey buildings, thereby increasing the allowable floor area by 10,906 sq. ft.

New building from courtyard

From the City’s rezoning report: “This application helps achieve City housing policies, specifically through the creation of a total of 133 units of new secured market rental housing. Staff have assessed the application and support the uses and form of development….Staff recommend that the application be referred to a Public Hearing, with the recommendation of the General Manager of Planning and Development Services to approve it, subject to the Public Hearing.”