A new secured market rental housing building has been proposed for the Maplewood area of the District of North Vancouver.
Integra Architecture has submitted an application for 328-332 Seymour River Place, which is currently occupied by two single-family dwellings built in the 1940s.
Both properties changed hands in 2017, with 328 Seymour River Place sold for $2.08 million, and 332 Seymour River Place sold for $1.95 million.
The proposal calls for a six-storey building with 55 market rental homes within a total floor area of about 31,500 sq ft, giving the project a floor space ratio density of 2.5 times the size of the lot.
To support the density, there will be 47 vehicle parking stalls and 66 bike parking spaces in an underground parkade and at ground level.
According to the district’s 2017-approved Maplewood Village Centre Plan, a target of 1,500 net new homes and an additional 100,000 sq ft of new commercial space, including new market and non-market rental housing, has been established for the area.
The municipality is encouraging the gradual replacement of about 250 aging, lower-end, market, purpose-built rental homes in the village centre. It is also targeting up to 300 net new non-market homes.