cambie corridor townhome development site · 2018-07-28 · lots 7-12 block f of block 1008...
TRANSCRIPT
749 - 815 W 49TH AVENUECAMBIE CORRIDOR TOWNHOME DEVELOPMENT SITE
Colliers International200 Granville Street | 19th FloorVancouver, BC | V6C 2R6TEL: +1 604 681 4111
KELVIN LUKPersonal Real Estate CorporationTEL 604 662 [email protected]
JESSICA HATHAWAYTEL 604 694 [email protected]
SIMON LIMPersonal Real Estate CorporationTEL 604 661 [email protected]
JAMES LANGTEL 604 661 [email protected]
DEVELOPMENT HIGHLIGHTS• Designated as townhome development in the Cambie
Corridor Plan (2018) adopted by council
• 46,529 SF six-lot land assembly
• 366 feet of frontage on West 49th Avenue
• Limited supply and strong demand for townhomes support premium pre-sale pricing
• Located within an area proposed for City-Initiated Rezonings, which would provide for the Property to be rezoned by the City to a new townhouse district - no rezoning required by a developer
• Opportunity to go straight to a Development Permit (DP) application, providing immense time savings
OPPORTUNITYHighly sought-after opportunity to purchase a 46,529 SF townhome development site on West 49th Avenue. 749-815 West 49th Avenue is prominently positioned on a significant route, boasting incredible exposure with 366 feet of frontage. Under the Cambie Corridor Plan (2018), the Property is designated as ground-oriented townhomes, which could permit over 55,000 SF of buildable area. Demand for townhome dwellings continues to intensify along the Cambie Corridor, making this townhome development site a coveted opportunity.
SALIENT FACTS
ADDRESS749, 763, 777, 791, 805 and 815 West 49th Avenue, Vancouver
LEGAL DESCRIPTION Lots 7-12 Block F of Block 1008 District Lot 526Plan 10991 PIDs: 006-053-611, 009-221-395, 009-221-433, 009-221-450, 009-221-484, 009-221-514
TOTAL SITE AREA 46,529 SF
SITE DIMENSIONS366 feet along West 49th Avenue 126.9 feet of depth
CURRENT ZONING RS-1 One Family Dwelling
BUILDABLE AREA 55,835 SF (1.2 FSR)
CAMBIE CORRIDOR PHASE 3: DESIGNATION
Ground Oriented Housing/Townhouse
SITE PLAN
LOCATIONThe Property is situated between two major arterials; Oak Street to the West and Cambie Street to the East. 749-815 West 49th Avenue presents a compelling story of convenience, accessibility, and community for residential consumers. Centrally located, the Property has excellent access to public transportation and bike lanes along 49th Avenue, is a 7-minute walk to the Langara Canada Line Station, and is less than a 15-minute drive to Downtown Vancouver or Richmond. Townhome product is perfectly complemented by the Property’s close proximity to Sir Winston Churchill Secondary, Anne B. Jamieson Elementary, Tisdall Park, Oakridge Shopping Centre, and Langara College.
Detailed information package and environmental/geotechnical reports available upon request; please contact the listing agents to learn more about the offering process.
OFFERING PROCESS
Contributions towards amenities & affordable housing
LAND USE
BOARD
3
The land uses shown on this map provide clarity around the type andscale of development that will be considered over the long-term. This map should be considered with
Board 4 (Housing Affordability).
TOWNHOUSE INFO SESSION MAY 2018
Ebisu Park
On
tari
o S
t.
Ca
mb
ie S
t.C
am
bie
St.
Oa
k S
t.
King Edward Ave.
W 24th Ave.
W 26th Ave.
W 32nd Ave.
W 39th Ave.
W 47th Ave.
W 49th Ave.
Ash
St.
Ash
St.
Yu
ko
n S
t.
He
ath
er
St.
He
ath
er
St.
Willo
w S
t.
Eliza
be
th S
t.
Alb
ert
a S
t.
Ash
St.
Ma
nso
n S
t.
He
ath
er
St.
Ba
illie S
t.
Ash
St.
Ash
St.
Alb
ert
a S
t.
Co
lum
bia
St.
W 26th Ave.
W 27th Ave.
W 29th Ave.
W 33rd Ave.
W 23rd Ave.
Ca
mb
ie S
t.
Ca
mb
ie S
t.
Ca
mb
ie S
t.
Oa
k S
t.
W 54th Ave.
BC Children’s and Women’s Hospitals
HeatherLands
OakridgeTransitCentre
OakridgeCentre
Langara College
LangaraGardens
PearsonDogwood
W 20th Ave.
W 20th Ave.
Yu
ko
n S
t.
Tu
pp
er
St.
Co
lum
bia
St.
Co
lum
bia
St.
Ma
nit
ob
a S
t.
La
ure
l S
t.
He
ath
er
St.
Ca
mb
ie S
t.C
am
bie
St.
Kersland D
r.
Ash St.
Co
lum
bia
St.
Ma
nit
ob
a S
t.
W 46th Ave.
W 52nd Ave.
W 59th Ave. W 59th Ave.
W 58th Ave.
W 62nd Ave.
W 64th Ave.
W 65th Ave.
W 49th Ave.
W 49th Ave.
Oa
k S
t.W 37th Ave.
W 37th Ave.W 37th Ave.
W 41st Ave.
W 41st Ave.W 41st Ave.
W 45th Ave.
W 43rd Ave.
SW M
arine D
r.
SW M
arine D
r.
W 70th Ave.
W 67th Ave.
On
tari
o S
t.
On
tari
o S
t.O
nta
rio
St.
King Edward Ave. King Edward Ave.
W 44th Ave.
Willo
w S
t.
Tis
da
ll S
t.
Tis
da
ll S
t.
W 57th Ave.
W 18th Ave.
W 16th Ave.
Oa
k S
t.
WinonaPark
Tisdall
Park
OakPark
Ash Park
Eburne
Park
Langara
Golf Course
Columbia
Park
Queen
Elizabeth
Park
Oak
Meadows
Park
BraemarPark
Douglas
Park
Hillcrest
Park
Nat
Bailey
Stadium
CambiePark
Heather
Park
W 64th Ave.
He
ath
er
St.
Jewish CommunityCentre
Ca
mb
ie S
t.
W 21st Ave.
W 23rd Ave.
W 17th Ave.
W 62nd Ave.
W 60th Ave.
Yu
ko
n S
t.
$
• As the Cambie Corridor grows, newpublic amenities and services will beneeded (e.g. affordable housing, parks,childcare)
• All developments will make contributionsto help fund growth needs
*
Note: Other city-wide or Corridor-wide policies may apply, including institutional use policy and major project sites
*
Residential
Tower
Apartment (up to 12 storeys)
Apartment (up to 8 storeys)
Apartment (up to 6 storeys)
Apartment (up to 4 storeys strata or 6 storeys rental)
Apartment (up to 4 storeys)
Townhouse
Townhouse (potential inclusion)
Mixed-use
Mixed-use towers
Mixed-use (up to 10 storeys)
Mixed-use (up to 8 storeys)
Mixed-use (up to 6 storeys)
Mixed-use (up to 4 storeys)
Tower with choice of use
Apartment with choice of use at grade (up to 6 storeys)
Other
Intensive employment
Unique site (opportunity for higher densities)
Major project (separate planning program underway or approved)
To be consolidated with Phase 2 to improve lane/access conditions and building transitionsz
Area-specific rezoning policy will apply in this area to accommodate new street
Reference
Existing townhouse
Area boundary
Marpole Community Plan (2014) area
Canada Line station
Future potential station
Place of worship
School
LEGEND
TOWNHOUSE
• 50% of units between 900–1,200 sq. ft
• Generally 2.5 to 3 storeys
• 1.2 FSR
• Proposed fixed-rate Density Bonus orCAC $65
4-STOREY & 6-STOREY BUILDINGS
• Multi-family housing options inthe Corridor with ground-orientedunits at the base of buildings andopportunities for commercial space instrategic areas
• 4-storey proposed fixed CAC target $80
• 6-storey proposed fixed CAC target $115
• 6-storey mixed-use proposed fixed CACtarget $125
15-STOREY & 18-STOREY TOWERS
• High-density form to encourage thedelivery of affordable housing (no CAC)
• Opportunities for commercial space instrategic areas
• “Tower in open space” or “tower onpodium” building types
• Amenity delivered as:
• 100% secured rental with 20%below-market rental or
• 30% social and 70% strata
4-STOREY STRATA / 6-STOREY RENTAL
• 4-storey 2.0 FSR strata with proposedfixed CAC target $80
• 6-storey 2.5 FSR 100% secured rentalhousing (no CAC)
CAMBIE CORRIDOR PLAN (2018)
EXCERPT FROM CAMBIE CORRIDOR PLAN
SUBJECT
Contributions towards amenities & affordable housing
LAND USE
BOARD
3
The land uses shown on this map provide clarity around the type andscale of development that will be considered over the long-term. This map should be considered with
Board 4 (Housing Affordability).
TOWNHOUSE INFO SESSION MAY 2018
Ebisu Park
On
tari
o S
t.
Ca
mb
ie S
t.C
am
bie
St.
Oa
k S
t.
King Edward Ave.
W 24th Ave.
W 26th Ave.
W 32nd Ave.
W 39th Ave.
W 47th Ave.
W 49th Ave.
Ash
St.
Ash
St.
Yu
ko
n S
t.
He
ath
er
St.
He
ath
er
St.
Willo
w S
t.
Eliza
be
th S
t.
Alb
ert
a S
t.
Ash
St.
Ma
nso
n S
t.
He
ath
er
St.
Ba
illie S
t.
Ash
St.
Ash
St.
Alb
ert
a S
t.
Co
lum
bia
St.
W 26th Ave.
W 27th Ave.
W 29th Ave.
W 33rd Ave.
W 23rd Ave.
Ca
mb
ie S
t.
Ca
mb
ie S
t.
Ca
mb
ie S
t.
Oa
k S
t.
W 54th Ave.
BC Children’s and Women’s Hospitals
HeatherLands
OakridgeTransitCentre
OakridgeCentre
Langara College
LangaraGardens
PearsonDogwood
W 20th Ave.
W 20th Ave.
Yu
ko
n S
t.
Tu
pp
er
St.
Co
lum
bia
St.
Co
lum
bia
St.
Ma
nit
ob
a S
t.
La
ure
l S
t.
He
ath
er
St.
Ca
mb
ie S
t.C
am
bie
St.
Kersland D
r.
Ash St.
Co
lum
bia
St.
Ma
nit
ob
a S
t.
W 46th Ave.
W 52nd Ave.
W 59th Ave. W 59th Ave.
W 58th Ave.
W 62nd Ave.
W 64th Ave.
W 65th Ave.
W 49th Ave.
W 49th Ave.
Oa
k S
t.
W 37th Ave.W 37th Ave.
W 37th Ave.
W 41st Ave.
W 41st Ave.W 41st Ave.
W 45th Ave.
W 43rd Ave.
SW M
arine D
r.
SW M
arine D
r.
W 70th Ave.
W 67th Ave.
On
tari
o S
t.
On
tari
o S
t.O
nta
rio
St.
King Edward Ave. King Edward Ave.
W 44th Ave.
Willo
w S
t.
Tis
da
ll S
t.
Tis
da
ll S
t.
W 57th Ave.
W 18th Ave.
W 16th Ave.
Oa
k S
t.
WinonaPark
Tisdall
Park
OakPark
Ash Park
Eburne
Park
Langara
Golf Course
Columbia
Park
Queen
Elizabeth
Park
Oak
Meadows
Park
BraemarPark
Douglas
Park
Hillcrest
Park
Nat
Bailey
Stadium
CambiePark
Heather
Park
W 64th Ave.
He
ath
er
St.
Jewish CommunityCentre
Ca
mb
ie S
t.
W 21st Ave.
W 23rd Ave.
W 17th Ave.
W 62nd Ave.
W 60th Ave.
Yu
ko
n S
t.
$
• As the Cambie Corridor grows, newpublic amenities and services will beneeded (e.g. affordable housing, parks,childcare)
• All developments will make contributionsto help fund growth needs
*
Note: Other city-wide or Corridor-wide policies may apply, including institutional use policy and major project sites
*
Residential
Tower
Apartment (up to 12 storeys)
Apartment (up to 8 storeys)
Apartment (up to 6 storeys)
Apartment (up to 4 storeys strata or 6 storeys rental)
Apartment (up to 4 storeys)
Townhouse
Townhouse (potential inclusion)
Mixed-use
Mixed-use towers
Mixed-use (up to 10 storeys)
Mixed-use (up to 8 storeys)
Mixed-use (up to 6 storeys)
Mixed-use (up to 4 storeys)
Tower with choice of use
Apartment with choice of use at grade (up to 6 storeys)
Other
Intensive employment
Unique site (opportunity for higher densities)
Major project (separate planning program underway or approved)
To be consolidated with Phase 2 to improve lane/access conditions and building transitionsz
Area-specific rezoning policy will apply in this area to accommodate new street
Reference
Existing townhouse
Area boundary
Marpole Community Plan (2014) area
Canada Line station
Future potential station
Place of worship
School
LEGEND
TOWNHOUSE
• 50% of units between 900–1,200 sq. ft
• Generally 2.5 to 3 storeys
• 1.2 FSR
• Proposed fixed-rate Density Bonus orCAC $65
4-STOREY & 6-STOREY BUILDINGS
• Multi-family housing options inthe Corridor with ground-orientedunits at the base of buildings andopportunities for commercial space instrategic areas
• 4-storey proposed fixed CAC target $80
• 6-storey proposed fixed CAC target $115
• 6-storey mixed-use proposed fixed CACtarget $125
15-STOREY & 18-STOREY TOWERS
• High-density form to encourage thedelivery of affordable housing (no CAC)
• Opportunities for commercial space instrategic areas
• “Tower in open space” or “tower onpodium” building types
• Amenity delivered as:
• 100% secured rental with 20%below-market rental or
• 30% social and 70% strata
4-STOREY STRATA / 6-STOREY RENTAL
• 4-storey 2.0 FSR strata with proposedfixed CAC target $80
• 6-storey 2.5 FSR 100% secured rentalhousing (no CAC)
CAMBIE CORRIDOR PLAN (2018)
RENDERINGS
12' [
3.66
]
6'-1034" [2.10]
12' [3.66]
38'-1" [11.60]38'-112" [11.62]
21' [6.40]
29' [
8.84
]
29' [
8.84
]
29' [
8.84
]
29' [
8.84
]
29' [
8.84
]
21' [6.40]
WEST 49TH AVENUE
LANE
PAR
KAD
E EN
TRY
SITE #1
UNIT A UNIT A UNIT A UNIT B UNIT AUNIT A UNIT AUNIT BUNIT AUNIT A UNIT AUNIT B UNIT BUNIT A UNIT AUNIT A UNIT AUNIT A
P.M.T.
UNIT C UNIT C UNIT C UNIT C UNIT C UNIT C UNIT C UNIT CUNIT C
EXIT
EXIT
Scale: 1/32" = 1'-0"SITE PLAN1
-
PROJECT NO.
DRAWN BY
CHECKED BY
DATE ISSUED
PROJECT
DRAWING TITLE
DRAWING No.
ISSUES
REVISIONS
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O:604 299 1363 F:604 299 64601100-838 West Hastings St. Vancouver, B.C., V6C 0A6
DD-15
749-815 W 49TH AVENUEVANCOUVER, B.C.
06/07/2018
PROJECT NO.
CLIENT REVIEW1 06/07/2018
PROJECT NO.
DRAWN BY
CHECKED BY
DATE ISSUED
PROJECT
DRAWING TITLE
DRAWING No.
ISSUES
REVISIONS
1
RW
MB
O:604 299 1363 F:604 299 64601100-838 West Hastings St. Vancouver, B.C., V6C 0A6
DD-15
749-815 W 49TH AVENUEVANCOUVER, B.C.
06/07/2018
PROJECT NO.
CLIENT REVIEW1 06/07/2018
PROJECT NO.
DRAWN BY
CHECKED BY
DATE ISSUED
PROJECT
DRAWING TITLE
DRAWING No.
ISSUES
REVISIONS
1
RW
MB
O:604 299 1363 F:604 299 64601100-838 West Hastings St. Vancouver, B.C., V6C 0A6
DD-15
749-815 W 49TH AVENUEVANCOUVER, B.C.
06/07/2018
PROJECT NO.
CLIENT REVIEW1 06/07/2018
WEST 41ST AVE WEST 41ST AVE
WEST 49TH AVE WEST 49TH AVE
OA
K S
TO
AK
ST
GR
AN
VIL
LE S
TG
RA
NV
ILLE
ST
CA
MB
IE S
T
MA
IN S
TM
AIN
ST
WEST 57TH AVE
WEST 33RD AVE
WEST KING EDWARD AVE
WEST 16TH AVE
AMENITIES
SHOPPING1. Apple Store2. Choices Market3. Coach4. Hudson’s Bay5. Kin’s Farm Market6. Lululemon7. Nat Bailey Farmer’s Market8. Safeway9. Saje Natural Wellness10. Signature BC Liquor Store
RESTAURANTS11. Main Kabab Hut12. Peninsula Seafood13. Pho Hoa Noodle Soup14. Samurai Sushi House15. Sushi Aria16. Tandoori Oven17. White Spot
SCHOOLS18. Eric Hamber Secondary School19. General Brock Elementary20. King David High School21. Langara College22. Magee Secondary School23. Maple Grove Elementary24. Sir Winston Churchill Secondary25. Sir William Van Horne Elementary
ATTRACTIONS26. Langara Golf Course27. Oakridge Mall28. Queen Elizabeth Park29. VanDusen Botanical Garden30. Queen Elizabeth Pitch & Putt
1
2
2
7
10
4
312
13
14
18
20
2126
28
29
27
2322
19
25
24
17
11
16
15
5 68
9
30
TisdallPark
OA
K S
TRE
ET
DOWNTOWN VANCOUVER
LANGARA COLLEGE
LANGARA GOLF COURSE
ERIC HAMBER SECONDARY
QUEEN ELIZABETH PARK
49TH AVENUE
4ST AVENUEOAKRIDGE SHOPPING
CENTRE
CA
MB
IE S
TRE
ET
RESIDENTS (3KM RADIUS)104,466
AVG. HOUSEHOLD INCOME (3KM RADIUS)$104,290
PUBLIC TRANSPORTATIONLangara/49th Canada Line Station#49 - Metrotown/Dunbar Loop#17 - Oak/Downtown#15 - Cambie
WALK Langara Golf Course (1.7 km)Oakridge Centre (1.0 km)Queen Elizabeth Park/VanDusen Gardens (2.9 km)
*Estimated 2018 demographics, population and income within 3 km of the subject properties.
DRIVINGDowntown Vancouver (15-min)UBC (13-min)YVR Airport (10-min)
EDUCATIONEric Hamber SecondaryAnne B. Jamieson ElementaryLangara College / Langara YMCA
DEMOGRAPHICS
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