Bosa Properties and Kingswood Properties have submitted a new rezoning application for their project at 1040-1080 Barclay Street.

A previous proposal from 2018 envisioned two condo towers with social housing; however, changing City policy and market conditions have spurred a new vision for the property.

The proposal is to allow for the development two residential towers of 54-storeys and 50-storeys in height over ten levels of underground parking. The new proposal includes:

• 506 secured market rental units and 130 below market units (East tower);
• 365 market strata-titled units and 99 social housing units (West tower);
• retail space at grade in both towers
• 37 space childcare facility on level eight of West tower
• An overall density of 21.87 FSR;
• A building height of 572 ft. (East tower) and 567 ft. (West tower)
• 832 vehicle parking spaces and 2,256 bicycle parking spaces.

The application is being considered under the West End Community Plan(External link), Criteria for 100% Secured Rental and Below-Market Housing as an Alternative to Inclusionary Social Housing in the Burrard Corridor of the West End Community Plan(External link), and the Sustainable Large Developments Policy(External link).

The architect for the project is Perkins & Will Vancouver.

Bosa Properties, in partnership with Kingswood Properties, have now formally applied to rezone the property at 1500 West Georgia Street. The anticipated “Jenga” building was initially released to the media a year ago, but now is an official application. The project is planned for the plaza next to the existing office tower at Georgia and Cardero, which Bosa acquired in 2014 for $120,500,000.

The proposal, by renowned German architect Buro Ole Schereen,  is for a 43-storey residential development adjacent to the existing office building. The proposal includes:

• 217 condo units (over 65% with 2-bedrooms or more)
• 282,452 SF of new floor area;
• a total density of 11.47 FSR
• 496,452 SF gross across the entire site (including the existing office building);
• total height of 440 feet
• a restaurant at the corner of Georgia and Nicola streets; and
• 7 levels of underground parking.

The Letter of Intent attached to the application describes the project:

This rezoning is being considered under the Rezoning Policy for the West End, which was adopted as part of the West End Community Plan in 2014, and was largely the rationale for Bosa’s acquisition of the site that year.

The full rezoning application can be found here: http://rezoning.vancouver.ca/applications/1500wgeorgia/index.htm