M28 Holdings Ltd. has submitted a development application for a 75′ x 112′ site at the Southeast corner of 28th and Main for a new rental apartment building. The C-2 zoned site is currently occupied by single storey retail including Le Gent Antiques on the corner.
The new development will be 4-storeys and will include:
- retail and restaurant uses on the ground floor;
- 21 rental market rental units;
- a total density of 2.5 FSR;
- a building height of 45 feet;
- two levels of underground parking accessed from the lane.
Under the site’s existing C-2 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.
The site sold in December 2016 for $6,980,000, or $341 per buildable SF based on the application.
A rezoning application has been submitted for the Gabriola Mansion property at 1523 Davie Street in Vancouver’s West End. The 26,000 SF property, principally occupied by one of the West End’s most notorious heritage buildings, was sold last year for $6.72 Million.
The application includes the preservation and restoration of the Gabriola Mansion building through conversion to rental apartments.
Further details include:
- the conversion of the mansion into 16 market rental units;
- 4 new infill 3-storey rental townhouses to be developed in the northeast corner of the property;
- 4 three-bedrooms, 5 two-bedrooms, 7 one-bedrooms and 4 studios
- an increase in FSR from 0.35 to 0.89; and
- no increase in height from the existing CD-1 (248).
The architect for the project is Ankenman Marchand.
Cressey has filed a rezoning application for a site at the corner of Main and East 2nd Avenue in East Vancouver. The 18,683 SF triangular site at 1800-1880 Main Street is currently zoned IC-2, but the Mount Pleasant Community Plan allows for residential rezoning.
The plan is for a redevelopment of the site to allow an 11-storey mixed-use building that includes:
- 131 rental units;
- 34 studios, 51 one-bedrooms, 36 two-bedrooms and 10 three-bedrooms
- Two commercial units at grade;
- A total density of 5.02 FSR;
- A height of 113.4 ft.; and
- 88 parking spaces (including 6 car share spaces).
The architect for the project is Francl Architecture.
Cressey acquired the site in 2016 for $17,000,000, or $181 per buildable SF based on the rezoned density.
Landa Global has submitted their development application for the Burritt Bros site at Main Street and 20th in East Vancouver. Landa acquired the site at 3594 Main Street in a bid process in September 2015, for $11,400,000. Landa was featured in the Globe and Mail at the time of sale.
The plans for the 16,963 SF, C-2 zoned site includes:
- a 4-storey building
- 6,275 SF of ground floor retail
- 45 rental apartment units
- “high percentage” of family-friendly two-bedroom units
- 2.5 FSR density
- one level of underground parking with access from the lane
The architect for the project is Yamamoto Architecture.
A development application has been filed for a new laneway infill apartment building on a 66′ lot in the West End. 1176 Burnaby Street, owned by Lantern Properties, has an existing 11-storey, 41-unit apartment building known as Newport Apartments.
The laneway apartment application is for the rear of the property, currently a surface parking area. Details include:
- 9 rental apartments
- building height of 47 ft
- Total area of 6,852 SF
- 7 underground parking stalls accessed off the lane
The site is zoned RM-5A and the West End Community Plan, adopted in 2014, amended the RM zones to allow infill apartments on laneways where there is sufficient room for them.
We are pleased to introduce The Evergreens, a 64-unit townhouse apartment property located on a 7.2 acre site in the College Park area of Port Moody.
Brochure: 210A Evergreen_Brochure_Email
Plan A Real Estate has applied to the City of Vancouver to develop additional rental units on an apartment building they own at 1170 Barclay Street, The “Florida Apartments”. The proposal for the site includes:
- interior and exterior alterations, including a 2-storey plus roof deck addition,
- a Heritage Revitalization Agreement, to this existing two-storey plus basement, multiple dwelling building,
- increasing the number of apartment units from 16 to 28 units
- 7 surface parking spaces at the rear, having vehicular access from the lane
- total overall density of 2.07 FSR. (17,909 SF).
Under the site’s existing RM-5B zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.
The architect for the project is Hearth Architectural Inc. The application explains the design rationale:
“The development proposal for The Florida is to preserve and restore the existing Heritage Class “B” Art Deco building that has long been in disrepair and in need of a major renovation. An addition to the restoration of The Florida will take the form of two storeys that steps back from the face of the existing building to emphasize the original heritage massing and form. With a total of 5 storeys in the new development proposal for The Florida, the floor plans will be redesigned to house more functional living spaces and provide for a good mix of studios, one bedrooms and two bedroom apartments. A total of 23 apartments will provide livability options for West End residents.”
The building was acquired in 2010 for $3,360,000, or a 3.5% cap rate.