More Infill Multifamily Coming to South Cambie
Another week, another couple of rezoning applications for the Cambie Corridor…
Two applications have been filed for separate sites/projects across the street from each other on the West side of Cambie Street at West 62nd Avenue. The two applications feature similar designs and appear to be from the same developer:
This is a 10,544 SF site is for a 6-storey residential building that includes:
- 27 residential units;
- a building height of 65 feet;;
- a density of 2.70 FSR; and
- 36 underground parking spaces and 35 bicycle spaces.
This site, currently occupied by a duplex, was sold 2014 for $3,940,000, or $139 per BSF based on the anticipated density.
This is a 10,512 SF site is for a 6-storey residential building that includes:
- 22 residential units;
- a building height of 70 feet;;
- a density of 2.70 FSR; and
- 31 underground parking spaces and 46 bicycle spaces.
This property was previously listed for sale for $4,800,000, and sold for $4,300,000, or $150 per BSF to SDAE DEVELOPMENT (CANADA) CO. LTD.
Both applications are being considered under the Cambie Corridor Plan. The architect for both projects is GBL.