This is one of the most significant rental housing projects approved by Vancouver City Council during their current tenure.
A transit-oriented, mixed-use development sprawled across two separate sites near the northeast corner of Cambie Street and West 41st Avenue — nearby to SkyTrain’s Oakridge-41st Avenue Station, the R4 RapidBus, and the Oakridge Centre mall — was authorized by city council last week in a public hearing.
TEAM councillor Colleen Hardwick and COPE councillor Jean Swanson voted against the big west parcel at 357-475 West 41st Avenue, which spans nearly an entire city block and is on the footprint of eight single-family houses.
It was also approved for the east property at 325-343 West 41st Avenue, which is on two single-family lots across the street, with Swanson voting against and Hardwick and Green Party councillor Michael Wiebe abstaining.
The west parcel, which is closest to the crossroads and transportation centre, will feature two towers with a total height of 22 stories (238 feet) and 14 stories (159 feet), respectively, as well as a six-story pedestal. The thin east parcel rises to a height of ten stories (124 ft).
When both parcels are united, a total of 514 secure purpose-built rental dwellings will be created. The developer is Coromandel Properties, and the architectural design firm is IBI Group.
There will be 419 rental residences on the west lot, with 355 market-rate units and 64 moderate-income ones. 92 studios, 175 one-bedroom flats, 144 two-bedroom units, and eight three-bedroom units make up the unit mix.
There will be 95 rental dwellings on the east property, with 86 market apartments and nine intermediate income units. Five studios, 55 one-bedroom flats, 34 two-bedroom units, and one three-bedroom unit make up the unit mix.
Both buildings include ample common resident amenities, including an outdoor amenity rooftop on the podium of the west parcel.
“It’s great to see more rental tenure coming in,” said independent councillor Sarah Kirby-Yung, “particularly given Langara College’s proximity and the fact that it’s obviously a transit centre.”