Conwest Group has submitted an application to rezone a 10,676 SF mid-block site at 3070 Kingsway from C-2 to CD-1 to allow a 6-storey mixed-use building with a 3-storey townhouse development at the lane, consisting of:

• 40 secured market rental units;
• 3,080 SF of retail at grade;
• A total density of 3.27 FSR;
• A height of approximately 60 ft.; and
• 24 parking spaces.

The site is located on the South side of Kingsway between Rupert and Kerr Street, just south of the Joyce Collingwood neighbourhood. It is currently improved with a nondescript retail building.

The application is being considered under the Secured Market Rental Housing (Rental 100) Policy.

The architect for the project is GBL Architects.

The site was acquired in October 2015 for $3,750,000 or $106 per buildable SF based on the application.

We are pleased to announce the completion of another sale in the Cambie Corridor. 404-434 West 23rd Avenue is an assembly of five single family lots expected to be rezoned for townhouse use in the forthcoming Cambie Corridor Phase 3 Plan. The total site area is 24,503 SF.

Contact us for further details.

The City of Vancouver is updating its DCL by-law to include new rates, new by-law rate categories, updated DCL allocations, and select new uses for DCL relief following a comprehensive review of forecasted growth and DCL eligible growth costs.

The rationale for the changes is outlined in the City’s policy report:

“In July 2015, Council directed staff to review and update the City-wide DCL Bylaw. The City-wide DCL update is a based on a 10-year timeframe (2017-2026) and includes the following components:  

• Updating population and job growth projections.
• Identifying capital costs for corresponding DCL eligible public amenities and infrastructure (including sewer, drainage, and water programs as new items)
•  Determining DCL allocations and rates
• Establishing a new City-wide DCL by-law

As a result of the review, staff recommends that the City-wide DCL rates be adjusted to recover a share of the updated costs associated with the forecasted 10-year DCL capital program. The recommended DCL rates in this report are anticipated to generate approximately $1.0 billion that will help fund approximately 60% of the contemplated growth costs over the next 10 years (2017-2026), with the residual amount of approximately $0.8 billion across Engineering, Housing, Childcare and Parks to be addressed in the 2019-2022 Capital Plan.”

Recommendations include:

• Adjustment of City-wide DCL rates (see below)
• Addition of new DCL rate categories
• Hold industrial and commercial DCL at current rates
• Adjust DCL allocations
• Reducing DCL rates for social and community uses
• Replacement of Downtown South DCL with City-wide DCL ($17.36/SF)

The proposed rate changes and categories are outlined as follows:

The full policy report can be viewed here: http://council.vancouver.ca/20170726/documents/pspc4.pdf