The Safeway property on West 4th Avenue and Vine Street in Kitsilano has been sold by Sobeys to a partnership between PCI Group and Low Tide Properties for $90,000,000.

The 2.2 acre property is zoned C-2B, which allows mixed use residential above ground floor commercial; up to 3.70 FSR and 6-storeys if the residential is rental. The Broadway Plan does not contemplate towers for the site.

No redevelopment plans have been announced but a likely development scenario under the existing zoning would include a 6-storey rental project with a new Safeway and additional retail on the ground floor.

The purchase price equates to $254 per buildable SF based on the existing zoning at a mixed-use rental density of 3.7 FSR.

Westbank and Crombie REIT are getting closer to going to council for their long anticipated redevelopment of the 105,000 SF Safeway site at 1780 East Broadway, just East of Commercial Drive.

The project, first proposed in 2019, has since been redesigned multiple times due to feedback from planning as well as changing market conditions. Primarily envisioned as a condo project originally, the revisions have since seen the project become taller and denser, and all rental units.

The current proposal includes three rental towers at 35, 36 and 39-storeys above a retail base. Details include:

• 981 rental units;
• 99 units secured at below market rates;
• A total density of 7.87 FSR;
• A max. building height of 425 ft.;
• Commercial retail space at grade, including a 50,000 SF Safeway;
• Office and commercial space within the podium levels;
• A public plaza running parallel to the SkyTrain station;
• Publicly accessible outdoor pace on top of the retail base; and
• 440 vehicle parking spaces and 2006 bicycle spaces.

This application is being considered under the Grandview-Woodland Community Plan. The application requests consideration of height and density in excess of the existing policy.

The architect for the project is Perkins & Will.

Crombie REIT has unveiled the latest design plan for redevelopment of the Lynn Valley Safeway site at 1170 East 27th Avenue in North Vancouver.

A preliminary application for redevelopment of the 2.8 acre site was first submitted in 2021. The design has now been revised and is ready for early input at District of North Vancouver council.

The proposal for the site is a mixed-use development with multiple residential buildings above a replacement Safeway store.

Details of the proposal include:

• 417 residential units;
• 269 condo units & 148 rental units (including below market/social);
• building heights from 6-12 storeys;
• a total density of 3.5 FSR;
• 607 underground parking stalls;
• a new 43,604 SF Safeway store;
• 1,840 SF of new retail space.

The next step for the project will be a formal rezoning application.

Westbank has submitted a revised rezoning application for the 2.5 acre East Broadway site, originally proposed in September 2019.

The main change to the proposal is a shift away from primarily condos, to primarily market rental units. The revision shows a decrease in the number of condos from 520 to 236, and an increase in the number of rental units, from 160 to 452 units. Details of the updated plan include:

• 452 secured rental units;
• 236 strata residential units;
• Revised tower heights from 24, 27, & 30-storeys to 25, 29, & 30 storeys;
• 63,000 SF of retail including 50,000 SF Safeway store;
• 48,000 SF of office space;
• Public plaza running parallel to the SkyTrain station;
• 486 vehicle parking spaces and 1360 bicycle parking spaces.

The application is being considered under the Grandview Woodland Community Plan(External link).

The architect for the project is Perkins + Will.

Westbank, in conjunction with Crombie REIT and Canada Safeway, have applied to redevelop one of the largest land parcels on Davie Street in the West End of Downtown Vancouver. The 47,464 SF site is currently home to a single-storey grocery store. The application proposes a redevelopment of the site with a mixed-use building consisting of:

• a 3 storey podium with three retail units on the lower & upper ground level;
• a retail grocery store on the upper ground & mezzanine level;
• two residential towers (21 & 22 storeys)
• a total of 319 market rental units;
• 3 levels common underground parking, accessed off Davie St and the rear lane;
• a total density of 6.43 FSR

Under the site’s existing C5-A zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Development Permit Board. The architect for the project is Henriquez Partners.