140 rental homes proposed next to TransLink's Phibbs Exchange
A relatively large rental housing project is proposed for Lower Lynn Town Centre in the District of North Vancouver, just one block west of TransLink’s Phibbs Bus Exchange.
An application submitted by Redic Developments and Tricor Pacific, and designed by Yamamoto Architecture, calls for the redevelopment of 220 Mountain Highway and 1515-1555 Oxford Street — seven single-family lots at the southeast corner of the intersection of Mountain Highway and Oxford Street.
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The proposal is to build a new six-storey building with 140 rental homes, including 134 market rental units and six non-market rental units that are 20% below the district’s median rents under Canada Mortgage and Housing Corporation.
Site of 220 Mountain Highway and 1515-1555 Oxford Street in North Vancouver District. (Google Maps)
Site of 220 Mountain Highway and 1515-1555 Oxford Street in North Vancouver District. (Google Maps)
The unit mix is 16 studios, 55 one-bedroom units, 64 two-bedroom units, and five three-bedroom units.
Tenants will have access to two amenity rooms on the ground level. The building’s total floor area is 98,000 sq. ft., giving it a floor space ratio density of 2.96 times the size of its 33,077-sq-ft lot.
A single underground level will offer 101 vehicle parking stalls — including two spaces for car share — and 176 bike parking spaces.
This transit-oriented development will include real-time bus departure information on a display in the building’s lobby, and bus passes with credit will be provided at the start of all new tenancies.
Site of 220 Mountain Highway and 1515-1555 Oxford Street in North Vancouver District. (Yamamoto Architecture/Redic Developments/Tricor Pacific)
The area is becoming a dense cluster of rental housing supply. Within the immediate vicinity, a seven-storey seniors’ home was approved for a site immediately to the north in January 2018, a six-storey building with 88-unit market rental homes was approved to the northeast in September 2018, and just to the east the six-storey Lynn Creek Apartments, 98 market rental homes recently reached completion.
Last month, an application was submitted to build a new six-storey building with 90 below-market rental homes immediately east of the transit hub.
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