Peterson Group has applied to the City of Vancouver to develop a site at the Southeast corner of East Boulevard and West 43rd Avenue in the Kerrisdale neighbourhood of Vancouver.

The plan for the 19,515 SF site includes a new 6-storey rental apartment building, allowable under the existing C-2 zoning:

• 79 market rental units;
  • 25 studios, 24 one-bedrooms, 25 two-bedrooms & 5 three-bedrooms;
• a total density of 3.70 FSR;
• 87 underground parking stalls.

The architect for the project is NSDA Architects.

A rezoning application has been submitted for a site at 5019-5039 Payne Street in the Joyce-Collingwood area of East Vancouver.

The proposal is to allow for the development of a 14-storey condo building that includes:

• 117 condo units;
  • 76 studios/1-Beds, 37 two-bedrooms and 4 three-bedrooms;
• A total density of 4.50 FSR;
• A building height of 140 ft.; and
• 78 vehicle parking spaces and 306 bicycle parking spaces.

The application is being considered under the Joyce-Collingwood Precinct Plan.

The architect for the project is Opulence Architecture.

A 9,000 SF mid-block rental development site at 1247 Kingsway has sold for $5,500,000. The site had been listed for sale for $7,998,000 since July 2022.

The site received DP approval for a 32-unit, 7-storey rental building in May 2022. The site was rezoned under the City of Vancouver’s Rental 100 policy in 2021.

The $5,500,000 purchase price equates to $169/buildable SF. The site was originally acquired by the developer, Da Hua Investment Holdings, in 2017 for $5,000,000.