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.

Another day, another Broadway Plan rental tower rezoning application!

This application is for an 18,742 SF site at 1270-1290 West 11th Avenue, at the Southeast corner of 11th and Birch in the South Granville area.

The proposal is a 19-storey rental building that includes:

• 155 rental units;
• 20% below-market;
• 5,600 SF of retail space on the ground floor
• a total density of 6.80 FSR;
• A building height of 188 ft. 

This application is being considered under the Broadway Plan.

The architect for the project is Proscenium Architecture.

The full application can be viewed here: https://www.shapeyourcity.ca/1270-1290-w-11-ave

Millenium Development has submitted a rezoning application for a new rental tower proposal at 2170 West 1st Avenue, near the corner of Yew Street in the Kitsilano area of the Broadway Plan.

The 21,000 SF site is located in the Kitsilano North – Area B (KKNB) policy area of the Broadway Plan.

The proposal calls for a 20-storey rental tower with a 4-storey podium and includes:

• 185 rental units;
• 20% below market;
• 6,300 SF of commercial space;
• A total density of 6.80 FSR;
• A building height of 212 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Chris Dikeakos.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/2158-2170-w-1-ave

A rezoning application has been submitted by Prospero & Five Mile Holdings for a site at 245 East 12th Avenue in the Mount Pleasant area.

The 16,000 SF site is located in the ‘Mount Pleasant South Apartment Area – Area ‘A’ [MSAA] subarea of the Broadway Plan.

The proposal is to allow for the development of an 17-storey rental building with a three-storey podium and includes:

• 146 rental units;
• 20% below-market;
• 4,400 SF of retail space on the ground floor;
• A total density of 6.79 FSR; and
• A building height of 181 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Studio One Architecture.

Cape Group has submitted a rezoning application for a site at 320 East 2nd Avenue in the Mount Pleasant area of the Broadway Plan.

The site is located in the Mount Pleasant Centre – Area H Subarea of the Broadway Plan.

Construction had started on a previously approved 5-storey, 95-unit rental project. The partially excavated site has been on pause awaiting the new application for a tower.

The proposal for the 20,249 SF site is a 20-storey building with a 5-storey podium and includes:

• 139 condo units
• 26 social housing units (20% of the floor area)
• 6,300 SF of ground floor retail space;
• 15,000 SF of 2nd floor office space;
• a total density of 7.00 FSR;
• A building height of 238 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Chris Dikeakos.