Aquilini Development has progressed its secured market rental housing project for 1303 Kingsway to the development application stage.
The northeast corner of the intersection of Clark Drive and Kingsway is set to be redeveloped into a 75-ft-tall, six-storey, mixed-use building. The property is currently occupied by a 1947-built, single-storey retail building.
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Vancouver City Council green lighted the project’s rezoning application in a public hearing in April 2019. The project is designed by GBL Architects.
The proposal heading to the development permit board calls for 54 secured market rental units and about 8,000 sq. ft. of ground-level retail and restaurant space.
A total of 54 vehicle parking stalls will be located underground.
Altogether, the project will have 54,000 sq. ft. of floor area on the 14,30-sq-ft site, giving the building a floor space ratio (FSR) density of 3.7 times the size of its lot.
As a result of the drop in elevation from Kingsway north to the laneway, the building will appear to be seven storeys from the north.
Just one block to the west along Kingsway, an upcoming 14-storey tower at the northwest corner with Glen Drive will contain 107 secured market rental homes and 24 below-market rental homes.