FOR SALE: 18,750 SF Townhouse Development Site

We are pleased to introduce this 3-lot land assembly in the Cambie Corridor Phase 3 townhouse area. The 18,750 SF (150′ x 125′) site is ideally situated on a quiet, tree-lined street (West 28th) between Cambie & Oak and represents an ideal townhouse development opportunity.

817-837 West 28th AvenueDownload the brochure here: Brochure – 800 Block West 28th Ave 

Details Emerge for BlueSky’s Two Tower West End Project

BlueSky Properties has submitted their formal rezoning applications for two linked sites across the street from each other on the East side of Thurlow Street on Harwood.

The two towers would be 32 and 33-storeys respectively, comprise a total of 300 units and would be rezoned from the current RM-5A zoning to a CD zoning per the West End Community Plan, which allows for 300 ft. towers between Thurlow and Burrard.

1065 Harwood

Details for each site include:

1065 Harwood Street and 1332 Thurlow Street (North Site)

The proposal is for a 33-storey residential building including:

    • 59 market residential units on floors 18-33;
    • 98 social housing units on floors 2-18;
    • 64 one-bedrooms, 30 two-bedrooms and 49 three-bedrooms;
    • a total density of 10.46 FSR;
    • five levels of underground parking with 157 vehicle parking stalls and 197 bicycle parking spaces; and
    • a building height of 300 ft.

1066 & 1078 Harwood Street (South Site)

The proposal for the South site is for a 32-storey residential building with:

    • 143 market residential units;
    • 64 one-bedrooms, 30 two-bedrooms and 49 three-bedrooms;
    • a total density of 10.11 FSR;
    • six levels of underground parking with 236 vehicle parking stalls and 180 bicycle parking spaces; and
    • a building height of 300 ft.

1065 Harwood_6 1065 Harwood_5 1065 Harwood_4 1065 Harwood_3 1065 Harwood_2 1065 Harwood_1The architect for the project is Henriquez Partners.

70-Unit Rental Project Planned for East Van Site

The Molnar Group has submitted a rezoning application for a 47,674 SF site at the corner of Hull Street and East 20th Avenue in East Vancouver.  The plan for the lots at 3560-3570 Hull Street and 2070-2090 East 20th Avenue is to rezone from the existing RS-1 to permit a 3.5-storey development containing townhouses, an apartment and a retained heritage house.

The proposal includes:

    • 70 secured market rental units
    • 41 3-bedroom townhouses, 28 one-bedroom apartment units, and one 2-bed heritage house);
    • A total density of 1.53 FSR;
    • A maximum height of approximately 50 ft.;
    • Relocation and designation of an existing heritage house at 2088 East 20th Avenue; and
    • 82 underground parking spaces.

3560 Hull3560 Hull_2 3560 Hull_3 3560 Hull_1

This application is being considered under the Affordable Housing Choices Interim Rezoning Policy. The rezoning policy is relatively unknown even among the development community; it allows for higher densities for “affordable” rental or social housing on or near arterial streets. In this case, the large single family lots helped facilitate the proposal.

The architect for the project is Wensley Architecture.

Molnar acquired the site in July 2016 for $13,375,000, or $183 per buildable SF based on the application.

75-Unit Project Planned for Burquitlam

Marcon has submitted a rezoning and development application to the City of Coquitlam for a new 6-storey residential building located 603-607 Regan Avenue, near the intersection of Clarke Road and Como Lake Road in the Burquitlam area.

The plan for the 28,000 SF site is to rezone from the existing RT-1 zoning to RM-3. The site is located within the Burquitlam-Lougheed Neighbourhood Plan (BLNP) which was adopted by Council on June 26, 2017. The site is designated Medium Density Apartment Residential in the BLNP.

Details of the proposed project include:

  • 75 units
  • 38 one-bedrooms, 29 two-bedrooms & 8 three-bedrooms
  • a total density of 2.30 FAR
  • 103 underground parking spaces on two levels
  • $176,335 CAC

603 Regan603 Regan_2603 Regan_3603 Regan_1

The architect for the project is Rositch Hemphill

Port Moody Set to Establish CAC & Density Bonus Policy

Nearly three years following the City of Port Moody’s adoption of their new Official Community Plan, City Council will now be considering a new Community Amenity Contribution (CAC) and Density Bonusing policy for the City. 

While development has stagnated for close to a decade in Port Moody (even following the 2014 OCP), the arrival of the Evergreen Line and various amendments to the OCP since, coupled with the current market dynamics has led to a more recent uptake in rezoning applications. This led City staff to put forward the idea of a CAC policy in the past year.

The new policies are broken down between Density Bonusing and CAC’s.

Density Bonus Program

The density bonus program will be implemented as an amendment to the Zoning Bylaw, and includes the following major points:

  • The density bonus program applies City-wide, but is most often expected to be used in the Transit-Oriented Development Areas where higher densities will be concentrated;
  • The density bonus will apply to any development with a density greater than 2.5 FAR 
  • applies only to residential gross floor area. It excludes all forms of employment-generating floor space
  • does not apply to density used for low- and moderate-income housing since the City wishes to encourage these two types of housing, per the City’s Affordable Housing Reserve Fund Guidelines;
  • the financial contribution to the City is 75% of the land value of the additional density above an FAR of 2.5 (the land value will be determined on a project-specific basis using an independent professional appraisal, commissioned by the City and paid for by the developer);
  • in lieu of a financial contribution, the City may allow an amenity to be provided by the developer that is equivalent in value to the financial contribution.

Community Amenity Contribution Program

The City of Port Moody has never had a CAC policy although it does already have elements of a program in place including a public art contribution mechanism and the encouragement of developers to contribute toward the City’s Affordable Housing Reserve Fund. However, in the absence of specific policy, the amount collected has been negotiated on a project-specific basis and it has not been consistent (although it has generally been in the range of $2.00 to $3.00 per SF). The proposed CAC policy described below provides consistency and certainty for both developers and staff. It includes:

  • the program will apply to all areas within Port Moody with the exception of the 215A Levy Area of Inlet Centre
  • the CAC is set at $6.00 per SF of residential floor space being developed on a lot that is being considered for rezoning, to a maximum of $6,000 per residential unit (or per lot in the case of single family residential subdivisions);
  • credit will be given for any residential floor space on a lot that is being either retained or demolished as part of redevelopment;
  • the CAC program will apply to residential floor space up to a maximum density of 2.5 FAR, with any floor space above that subject to the City’s Density Bonus Program;
  • the CAC will be allocated as follows:
    • $2.00 to the City’s Affordable Housing Reserve Fund; and
    • $4.00 to the City’s proposed new General Community Amenity Contribution Reserve Fund

Council may, at its discretion, waive some or all of the CAC as part of a rezoning where affordable housing or another public amenity is being directly provided by the applicant.

40-Unit Townhouse Project Coming to Lions Gate Village

Cressey Development Group is proposing to redevelop six residential lots in the Lions Gate Village area of Norht Vancouver (formerly Lower Capilano).

The lots are located on the border with West Vancouver at 1801-1865 Glenaire Drive and 2064 – 2082 Curling Road and together comprise a 50,289 SF L-shaped site.

The proposed new development includes:

  • 40 three-storey, 3-bedroom townhouses in 6 buildings;
  • Unit sizes ranging from 1,610 SF to 1,811 SF;
  • a total density of 1.19 FSR;
  • a CAC of $164,797

1801 Glenaire1801-glenaire-2 1801-glenaire-3 1801 Glenaire_1