CIBT Education Group has completed the acquisition of three lots in the Oakridge area of Vancouver for $30,300,000. The 18,791 SF site is located on the North side of West 42nd Avenue just East of Cambie Street, and is in an area designated for towers up to 18-storeys.
CIBT recently filed a rezoning application for a 124-unit student housing project.
The sale price equates to $226 per buildable SF based on the rezoning application.
Intracorp has submitted their formal rezoning application for the Ashley Mar Co-Op property at 8460 Ash Street and 8495 Cambie Street. The one acre site is home to a 54 unit co-op.
The proposal consists of a mixed-use development with three towers at 15, 24, and 27 storeys. Details include:
The application is being considered under the Marpole Community Plan. On February 11, 2020, Council approved the recommendations of an Issues Report seeking permission for staff to consider accepting and begin the review process of a rezoning application with building heights beyond those envisaged in the Marpole Community Plan.
The architect for the project is Perkins & Will.
A rezoning and development permit application has been submitted for a prominent corner site at Lougheed and Blue Mountain Street in the Maillardville neighbourhood of Coquitlam, just off Highway 1.
The site at 901 Lougheed is designated Neighbourhood Centre and is zoned C-2 General Commercial. There are currently two commercial buildings on the property. The site is located across Blue Mountain from an existing condo highrise project in pre-sales called Horizon Twenty-One by Centred Developments.
The application proposes to rezone the 28,580 SF site Highway from C-2 to allow a mixed-use development consisting of a 25-storey tower over top a 4-storey commercial and residential podium, Details include:
The architect for the project is Wilson Chang.