Broadway & Alma Site Slated for Rental Development

Westbank Corp. has filed their rezoning application for the 23,234 SF site at the Northwest corner of Broadway and Alma Street. The site at 3701-3743 West Broadway is currently zoned C-2 and is currently improved with an old strip retail property.

The rezoning proposal is for a 6-storey mixed-use project, which includes:

    • 94 secured market rental units;
    • 59 studios, 1 one-bedroom, 33 two-bedrooms, 1 three-bedroom
    • 7,190 SF of retail space
    • A total density of 3.15 FSR;
    • A building height of 64 ft.; and
    • 99 parking spaces.

3701 West Broadway3701 West Broadway_13701 West Broadway_23701 West Broadway_3This application is being considered under the Affordable Housing Choices Interim Rezoning Policy. The architect for this project is Henriquez Partners.

The site was acquired by Westbank in 2011 for $9,443,000 or $121 per buildable SF based upon the current rezoning application.

Construction Update: Vancouver House

Here is the latest view of the construction site for Vancouver House, the 515 foot 52-storey condo tower being developed by Westbank.

After initially clearing the site began in December 2014, the construction is now almost at ground level.

Photos taken October 7, 2016:

d11f5ebe34b3ec632dea4a7fdda7f530courtesy mcminsen via @imageshack

c56774d20a1271bf0e36a593752ab0f3courtesy mcminsen via @imageshack

fd30f4dc743e62b2877201b7360a062bcourtesy mcminsen via @imageshack

0fe6aaed9d77d7db8c761edaa40293eacourtesy mcminsen via @imageshack

Oakridge Centre Rezoning to be Revised

Later this week, the City of Vancouver council will consider a report recommending a revised rezoning application for the 28 acre Oakridge Centre site, being jointly developed by Westbank Projects and Ivanhoe Cambridge.

The project was originally introduced back in 2012, and was approved for rezoning over two years ago, to include 11 residential towers and over 4.6 Million SF of total building area including commercial. As was reported in the summer of 2015, the project faced a number of challenges since the rezoning approval, including:

  • technical complications of constructing lower parking levels due to an aquifer
  • accommodating continuous operation of the shopping mall during construction
  • the need to maintain The Bay store in its current location due to lease requirements

The new rezoning proposal is summarized as “shedding 20% of the total density and delivering all of the public benefits from the previous application”. The letter of inquiry from Ivanhoe and Westbank outlines the following proposed changes to the project under a revised application:

  • an overall reduction in the amount of new residential and commercial
    density (approx. 20%)
  • larger park area at-grade
  • maintaining the mall at one level with new mall space to be added at grade,
  • keeping The Bay store in its current location,
  • reconfiguration of the underground parking to avoid the existing aquifer,
  • a Civic Centre and park at grade with further rooftop park and open space,
  • comparable community amenities including affordable housing, and
  •  building heights similar to the 2014 rezoning, but two fewer towers
  • project construction in 6 years instead of 8 years

The new rezoning application will require a new negotiation on public benefits, and will require a full rezoning process with new public consultation. The total cost of the new application is $1.5M, which will be covered by the proponent.

Westbank Planning 214 Rental Units for Gastown Site

Westbank Projects has applied to the City of Vancouver for permission to develop a site at 33 West Cordova with a 11-storey mixed-use building.The plan, which involves a deal between Ian Gillespie, the Portland Housing Society and BC Housing, was first announced a year ago.

33 W Cordova_2

The proposal for the 19,071 SF site that also fronts onto Blood Alley includes the following:

  • 214 rental apartments (80 social housing units /134 secured market rental units);
  • commercial uses on the ground floor and cabaret underground;
  • 163,482 SF of gross floor area;
  • total density of 8.57 FSR
  • building height of 110 ft.;
  • 267 bicycle parking spots.

Under the site’s existing HA-2 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Development Permit Board.  33 W Cordova33 W Cordova_1

The architect for the project is Henriquez Partners Architects. In the application, Henriquez explains the design rationale:

“The Blood Alley project at 33 West Cordova Street will make a significant contribution to the life of Gastown by retaining its heritage facade, providing affordable housing options, reinforcing an active street life through retail, food and performance opportunities, and provide a backdrop for the new Blood Alley Square renovation.”

Details Emerge for Westbank/First Baptist Church Redevelopment

After holding preliminary open houses late last year to unveil the First Baptist Church redevelopment to the public and the media, Westbank has now submitted their formal rezoning application for the Bing Thom designed project at 969 Burrard St. & 1019-1045 Nelson Street. The specific details of the project have now been finalized for rezoning application purposes.

Major details of the proposal includes:

    • restoration of First Baptist Church;
    • new church ancillary spaces, including a 37-space child daycare, a gymnasium, a counselling centre and offices;
    • a new 8-storey building containing 66 social housing units, owned by the church;
    • a new 56-storey tower containing 294 market strata residential units;
    • a combined total new floor area of 559,925 SF.
    •  a total density of 10.79 FSR;
    • 497 underground vehicle parking spaces.

This rezoning application is being considered under the Rezoning Policy for the West End and the West End Community Plan.

969 Burrard 969 Burrard_1 969 Burrard_2 969 Burrard_3 969 Burrard_5As the building sits at an elevation of 167 ft above sea level, it will appear as one of the tallest buildings on the Downtown skyline, only slightly shorter than Shangri-la and Trump Tower.

969 Burrard_4Further detail on the rezoning application can be found here:

Rental Apartments Proposed for Davie Street

Westbank, in conjunction with Crombie REIT and Canada Safeway, have applied to redevelop one of the largest land parcels on Davie Street in the West End of Downtown Vancouver. The 47,464 SF site is currently home to a single-storey grocery store. The application proposes a redevelopment of the site with a mixed-use building consisting of:

  • a 3 storey podium with three retail units on the lower & upper ground level;
  • a retail grocery store on the upper ground & mezzanine level;
  • two residential towers (21 & 22 storeys)
  • a total of 319 market rental units;
  • 3 levels common underground parking, accessed off Davie St and the rear lane;
  • a total density of 6.43 FSR

Under the site’s existing C5-A zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Development Permit Board. The architect for the project is Henriquez Partners.

1661 Davie 1661 Davie_1

Construction Update: Vancouver House

Here is a brief construction update for Westbank’s much anticipated Vancouver House project; a 375-unit, 600,000 SF, 59-storey condo tower expected to be complete in 2018. The project is near sell-out with only a few units remaining.

VanHouse (1)

Courtesy: mcminsen via @imageshack

VanHouse (2)Courtesy: mcminsen via @imageshack