8-Storey Condo Building Planned for 67th & Oak in Marpole

Coromandel Properties (formerly CM Bay Properties) has submitted an application to rezone an 18,274 SF site they own at the Northeast corner of Oak Street and West 67th Avenue in Marpole.

The vacant site is a former Esso Station that was sold by Imperial Oil through a market bid process. The sale closed in March 2016 for $8,350,000, or $151 per buildable SF based upon the anticipated rezoning described herein.

The proposal for a new development is for an 8-storey, mixed-use building that includes:

• a total of 50 condo units;
• 23 one-bedrooms, 20 two-bedrooms, 7 three-bedrooms
• 3,172 SF of retail area at grade;
• 4,700 SF of office space on the 2nd floor;
• a building height of 99 ft.;
• a density of 3.0 FSR;
• 104 parking spaces and 67 bicycle parking spaces;
• a public plaza

The application is being considered under the Marpole Community Plan, which was adopted by the City of Vancouver in 2014.

The architect for the project is IBI Group.