MST Development Corporation proposing five-acre undeveloped treed land for 150 townhomes

A five-acre undeveloped treed land in West Vancouver’s Sandy Cove district is being proposed for development by the development arm of three local First Nations.

MST Development Corporation, a Musqueam, Squamish, and Tsleil-Waututh First Nations partnership, has submitted a preliminary development proposal to convert 4165-4195 Marine Drive into three three-story structures with a total of 150 townhomes.

The vast majority of the townhomes will be designed for larger families, with 45 percent having two bedrooms and 25 percent having three. Only one bedroom will be available to the remaining 30%.

With the removal of the trees and the top of the structure aligned with the rising grade level on the western and northern sides of the land, the preliminary design for the project merges it with the sloped site, exposing new views of Burrard Inlet from Burkehill Road.

The buildings are tiered to reflect the slope site’s grade shift while also providing large landscaped outdoor amenity areas on the rooftops.

The project is designed to have a total floor area of around 161,000 sq ft, giving it a floor area ratio density of 0.73 times the size of the land.

There will be 150 parking spots for cars and 225 bike parking spaces beneath.

MST Development Corporation paid $10.587 million for a 50% stake in the property owned by Canada Lands Company, a federal crown corporation.

On the massive Jericho Lands and Heather Lands redevelopments in Vancouver, the First Nation developer has a long-standing cooperation with Canada Lands Company.

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts