Lynn Valley Town Centre in North Vancouver could see a major addition through a new mixed-use multi-building complex that is proposed for the area.
A rezoning application by local developer Mosaic Homes has been submitted to the District of North Vancouver, and it calls for the redevelopment of a five-acre site at 1200-1259 Emery Place into five large buildings – a two 12-storey buildings, one eight-storey building, one six-storey rental building, one five-storey building – and six townhouse buildings constructed over four phases.
The site is currently occupied by buildings that contain 61 rental apartments, and with the new buildings – designed by Ramsay Worden Architecture – it will be replaced with 411 homes, including 327 strata units, 42 market rental units, and 42 affordable rental units. The unit mix is 109 one-bedroom units, 165 two-bedroom units, 132 three-bedroom units, and five four-bedroom units.
Ample indoor residential amenities are proposed within an underground level of one of the buildings, with amenities such as a lap pool, hot tub, gym, multipurpose rooms, and meeting rooms.
Outdoor spaces for residents consist of a children’s play area, a garden walk, a picnic area, and a grassy commons area.
A total of 619 underground parking spaces will be built in the redevelopment.
As for benefits for the wider community, an adjacent park to the site will receive a 7,000-sq-ft expansion and a new pathway connection will be made to the park, with improvements to the existing trail network. The developer will also build new road ways and sewers, with the total off-site work expected to reach $3.9 million.
And in addition to the aforementioned, a cash contribution of $11.9 million will also be made as a community amenity contribution to the municipality.
Overall, the redevelopment will have a floor area 2.17 times the size of its lot (FSR), which is lower than the Official Community Plan’s allowance of 2.5 FSR.