Cressey Unveils Plans for Rental Building at 2nd & Main

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).

1880 Main_11880 Main_21880 Main_3The 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.

Two 6-storey Buildings Planned for Marpole

Vanac Development has submitted an application to rezone two adjacent three-lot single family land assemblies for new 6-storey condo buildings under the Marpole Community Plan.

The two 18,000 SF sites are located at 470-486 West 58th Avenue and 469-485 West 59th Avenue and the two separate rezoning applications each call for a six-storey residential building, including:

    • a floor space ratio (FSR) of 2.50
    • a building height of 21 m (69 ft.) from grade;
    • 43 residential units; and
    • 63 underground parking spaces over one and a half levels 60 bicycle spaces.

469-west-59thThe applications are being considered under the Marpole Community Plan.

The architect for the project is Francl Architecture.