Sightline Properties has acquired an assembly of 24 single family lots in East Vancouver comprising two city blocks between East Broadway and East 10th Avenue at Kaslo Street.

The properties are located in a high-density residential subarea of the Rupert and Renfrew Station Area Plan, which is in the final stages of public consultation before an expected council adoption of Summer 2025.

The total combined acquisition price for the 24 lots is $91,700,000, or an average of approx. $3,800,000 per lot.

MST Development, in partnership with Aquilini Development has initiated the rezoning process for 3200 East Broadway, a 9.2 acre site formerly housing BC Liquor Distribution.

The City of Vancouver is seeking public input on this proposal at an early stage in the rezoning process, called the enhanced rezoning stage.

The site is considered a “Unique Site” in the Rupert and Renfrew Station Area Plan that is concurrently in the final stages of public consultation.

Early details of the proposal for 3200 East Broadway include:

• Ten towers up to 60-storeys in height;
• 3,800 residential units;
• Commercial space for 1,750 jobs;
• a childcare facility
• 2.3 acres of public open space.

The enhanced rezoning pre-application can be viewed here: https://www.shapeyourcity.ca/3200eastbroadway

Public consultation will commence in October, with a full rezoning application expected in 2025.