-Rare, westside development opportunity with significant holding income
-Centrally located on Vancouver’s high-profile Broadway Corridor, just 2 blocks east of Cambie and Canada Line, and 5 blocks west of Main Street
-Preliminary plans in place for 8-storey tower
-Leases provide for redevelopment (within 12 months)
-High barrier to entry market given lack of sites for development
-Potential to develop and retain or sell strata retail at grade
-Steps from transit, shopping, employment and amenities
-Excellent holding yield with upside potential as hold
The intent of this Schedule is to provide for a wide range of goods and
services, to maintain commercial activities, specialized services and some
light manufacturing enterprises while preserving the character and general
amenity of the area and its immediate surroundings, and to provide for
dwelling uses designed compatibly with commercial uses.
1.00 FSR. The Development Permit Board may permit a density up to 3.00
FSR, with an additional 10% resulting from a transfer of heritage floor space.
Total 3.3 FSR.
Executive Vice President
604 661 0882
604 692 1402