A mixed-use redevelopment with secured market rental homes is proposed near the northwest corner of the intersection of Kingsway and Knight Street in Vancouver.
Local developer Peterson Group and Yamamoto Architecture are proposing to turn 1375-1379 Kingsway into a new 79-ft-tall (24.1 metres), four-storey building.
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The site is currently occupied by one- and two-storey commercial buildings built in 1909 and 1954, respectively. Both properties were acquired by the developer in early 2018.
To the east, the small triangular-shaped corner lot with the 1950-built, single-storey retail building containing the House of Dosas restaurant is not part of the development. If realized, the development of the adjacent lot will turn this smaller lot into an orphan lot.
The proposal calls for 49 secured market rental homes under the city’s Rental 100 Secured Market Housing Policy, with a unit mix of 20 studios, 11 one-bedroom units, 15 two-bedroom units, and three three-bedroom units, including three townhouse units in the laneway.
The building’s street frontage on Kingsway is activated by about 5,900 sq. ft. of restaurant and retail space on the ground level.
Two underground levels will provide 34 vehicle parking stalls and 98 bike parking spaces.
The total floor area is 45,591 sq. ft., giving the project a floor space ratio density of 3.8 times the size of the 12,010 sq. ft. lot.