33-storey rental housing tower proposed for Commercial-Broadway SkyTrain | Daily Hive

33-storey rental housing tower proposed for Commercial-Broadway SkyTrain station

2025 revised concept of 1926-1978 East Broadway, Vancouver. (Perkins&Will/Third Space Properties)

Third Space Properties has more than quadrupled the number of rental homes for its upcoming transit-oriented development project just east of SkyTrain’s Commercial-Broadway Station.

In Spring 2023, the local developer submitted a rezoning application to redevelop 1926-1978 East Broadway into a six-storey, mixed-use building with 77 secured purpose-built rental homes and 6,300 sq. ft. of retail/restaurant space.

That original rezoning application was withdrawn in June 2025, and a revised application was submitted shortly after in July 2025, calling for a substantially larger project just a four-minute walk from one of Metro Vancouver’s busiest public transit hubs.

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The development site is situated at the southeast corner of the intersection of Victoria Drive and East Broadway, right next to the Grandview Cut. Currently, it is occupied by a temporary community garden and two 1940s-built single-family houses.

Site of 1926-1978 East Broadway, Vancouver. (Google Maps)

Cancelled 2023 concept of a six-storey building:

Cancelled: 2023 artistic rendering of 1926-1978 East Broadway, Vancouver. (Yamamoto Architecture/Third Space Properties)

Revised 2025 concept of a 33-storey building:

1926-1978 East Broadway Vancouver rental tower third space properties 2025

2025 revised concept of 1926-1978 East Broadway, Vancouver. (Perkins&Will/Third Space Properties)

Designed by architectural firm Perkins&Will, this will be a 349-ft-tall, 33-storey, mixed-use tower with a six-storey base podium.

It will contain 352 secured purpose-built rental homes, including 281 market rental units and 71 below-market rental units. At least 35 per cent of these rental homes will be sized for families — defined as units with two or more bedrooms — and residents will have access to various shared amenities, including a rooftop space.

Roughly 6,000 sq. ft. of retail/restaurant space on the ground level will activate the intersection corner and East Broadway frontage, while a few townhouse units will front the Central Valley Greenway.

Four underground levels will contain 137 vehicle parking stalls. There will also be 656 secured bike parking spaces.

2025 revised concept of 1926-1978 East Broadway, Vancouver. (Perkins&Will/Third Space Properties)

Overall, this revised design creates a total building floor area of roughly 274,000 sq. ft., establishing a floor area ratio density of a floor area that is 13.3 times larger than the size of the lot.

This project has been vertically expanded with added density to take into consideration the new allowances enabled by the provincial government’s legislation for Transit-Oriented Areas, and the municipal government’s recent amendments to the Grandview-Woodland Community Plan for sites near Commercial-Broadway Station.

This past spring, for the site just to the west, Vancouver City Council approved the Safeway redevelopment into three mixed-use rental housing towers up to 44 storeys. This project is also designed by Perkins&Will.

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