A 25,000 sq. ft. triangular lot on the corner of Kingsway and Rupert Street in East Vancouver is set to be the site of 6-storey rental building.
2970 Kingsway will feature 127 rental units, including 36 studios, 46 one-bedrooms, 39 two-bedrooms and six three-bedrooms. 13,000 sq. ft. of the building’s ground floor will be utilized for retail space.
The rental building will also feature 99 vehicle parking spaces and 254 bicycle parking spots.
As it stands right now, Kerkhoff, the builder behind the project, has only applied for the vacant lot to be rezoned. It’s unclear when or if the 6-storey rental building will be approved.
“The proposed massing carries the full 6-storeys at both Kingsway facing corners, with the building form overhanging the commercial units below. This strategy articulates the corners as urban markers, responding to the presence of the street intersection in a unique manner, and further accentuated by wrapping building form and extending residential balconies,” reads a quote from the application.
According to Vancouver Market, 2970 Kingsway was listed in 2019 for an asking price of $9.7 million.