Anthem Properties has acquired the recently closed Chevron site at 1698 West Georgia Street for $72,000,000.
The 16,375 SF site at the corner of Georgia and Bidwell can be rezoned and redeveloped for a 385 ft. residential tower under the West End Community Plan.
Anthem Properties is seeking approval at City of North Vancouver council for a Development Application for a mixed use development at 177 West 3rd Street, a former gas station and car wash that has been sitting vacant for several years due to remediation work. The site is located on the Southeast corner of 3rd Street and Chesterfield, just West of Lonsdale.
The proposed new development includes a 5-storey concrete condo building, including:
- 55 condo units
- 10,000 SF of ground floor retail space
- a total density of 2.68 FSR
- total building height of 52.50 ft
- one and a half levels of underground parking with 74 total stalls
- a CAC of $2,383,720, equivalent to $30 per SF
The site is located in an area designated in the OCP as Mixed Use Level 3, which permits 2.30 FSR density with provision for a bonus density of an additional 0.50 FSR that may be granted at council discretion.
Development plans are going ahead for the 3rd and 4th phase of Station Square, a multi- phase mixed use development including five residential towers in Metrotown being developed by Anthem Properties in conjunction with the Beedie Group.
The rezoning for the project was granted back in 2012 at which time pre-sales commenced for the first phase, which included a 35-storey tower and 269 units. The first tower recieved occupancy in 2015. The second phase entailed two towers of 38 & 48 storeys, now under construction.
Plans for the 3rd and 4th phase, located along the Mackay Avenue frontage, total 758 new units, and includes:
Phase 3 Tower
- 41-storey residential tower above a 3-storey podium
- 461 ft tower height
- residential, office and retail use
- 334 residential units
- 47,470 SF of commercial space
- 612 parking spaces
Phase 4 Tower
- 52-storey residential tower above a 3-storey podium (new tallest in Metrotown)
- 565 ft tower height
- residential, office and retail use
- 424 residential units
- 65,960 SF of commercial space
- 627 parking spaces
Anthem Properties have submitted a rezoning application for the Ridgeway School Annex site, a 62,285 SF site at East 5th and Ridgeway Avenue in the City of North Vancouver; a few blocks East of Lonsdale. Anthem acquired the site from the North Vancouver School District in 2013, subject to rezoning. Since the announcement of the sale, Anthem has been holding community consultation.
The site is an “L” shape and was originally nine single family lots before the development of the Ridgeway School in the 1950’s. The site is currently zoned P-1 Institutional, but the plan is to rezone to reflect the surrounding RS-1 single family area. The plan calls for nine single family homes, each with coach houses.
Here is a list of rezoning applications headed for Burnaby City Council’s consideration on Monday:
Phase 1 of Brentwood Town Centre Project
The first phase of the Brentwood Town Centre redevelopment by Shape Properties is seeking to move forward to first reading and public hearing next month. Phase 1 includes development of a new externally oriented commercial shopping centre, public plaza and high street within the 8-acre southwest quadrant. It includes:
- 546,820 SF of new commercial space in 2-4 storey buildings
- Density of 1.56 FAR
- Central civic plaza
Phase 2 of Station Square
The second phase of the Station Square redevelopment by Anthem Properties is seeking to move forward to first reading and public hearing next month. The first phase is now substantially sold out and under construction. Phase 2 includes development the next two towers atop a low-rise retail and office podium on the Eastern portion of the site. It includes:
- two towers – one 38-storeys and one 48-storeys
- 768 total units
- a total density of 5.34 FAR
- 97,343 SF of new commercial space
Canada Way and Claude Avenue
The owners of this 4.6 acre site have filed a rezoning application for a 132 unit stacked-townhouse development with underground parking to a total density of 0.9 FAR.
“Anthem Properties Group Ltd. is Pleased to Announce the Strategic Land Disposition of the Molson Brewery Site in Edmonton, AB.
EDMONTON, ALBERTA–(Marketwire – March 13, 2013) – On February 28th, 2013, Anthem Properties Group Ltd. completed the disposition of its 7.9 acre Molson Brewery site located at the intersection of 104th Avenue and 121st Street in Edmonton, AB. The site was sold to joint venture partners First Capital Realty Inc. and Sun Life Assurance Company of Canada.
The Molson site sits immediately adjacent to the Purchaser’s 6.3 acre Crosstown Chrysler site, which was acquired by the Purchaser in 2012. The sites combined, bring the total assembly to 14.2 acres. The size and location of the assembly will allow for an exciting, comprehensive mixed use development along this important east-west corridor.
“The sale was a strategic move for both Anthem and the Purchaser and we are very pleased with the outcome. This land assembly will allow for an exciting, mixed use development at a key intersection in the City that will best suit the needs of the surrounding community,” says Alexa Baughen, Anthem’s Vice President of Investments and Communications.”
Burnaby NewsLeader – Burnaby’s Station Square begins major transformation.
Back in the 1950s, Keith Beedie heard that a large piece of property, home to the Ford Motor Co. and Kelly Douglas, could be had for a price.
“They wanted $1 million for it. I thought, ‘are they crazy?'”
He never would have dreamed back then that one day he’d own a large piece of the property, and that the company he founded, Burnaby-based Beedie Development Group, would have a hand in its transformation.
The company, which until now had mainly been known for its industrial development projects, is now run by his son Ryan Beedie and is half-owner of Station Square shopping centre through its residential development division, Beedie Living.
Along with partner Anthem Properties, the developer is launching sales this weekend of condominium units in the first of five new towers slated for the major redevelopment.
Read more: http://www.burnabynewsleader.com/news/174798661.html