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A variety of mixed uses are proposed for a two-site redevelopment near the northeast corner of the intersection of Cambie Street and West 41st Avenue — across from Oakridge Centre shopping mall and the Canada Line’s Oakridge-41st Avenue Station, within the emerging Oakridge Town Centre area.
Local developer Coromandel Properties, in partnership with design firm IBI Group and Brook Pooni Associates, is planning a redevelopment of land assembled sites of single-family homes into 427 purpose-built rental homes, over 20,000 sq. ft. of commercial space, and possibly a hotel.
All residential spaces within this redevelopment will be 100% rental housing.
The proposed densities and building heights, specifically for the West Site (357-475 West 41st Avenue), which is closest to the prominent intersection and SkyTrain station, are some of the greatest for the area under the Cambie Corridor Plan.
The area will also be served by the new 41st Avenue B-Line rapid bus, which will launch in January 2020.
The proposal is currently in its early conceptual pre-application stage, ahead of a formal rezoning submission later this summer:
The city block-sized West Site calls for a six-storey podium with towers reaching 22 storeys and 14 storeys, entailing about 310,000 sq. ft. of total floor area. The floor space ratio density is 6.1 times the size of the lot.
There will be 344 purpose-built rental homes, with a unit mix of 69 studio units, 153 one-bedroom units, and 122 two-bedroom units.
The rooftop of the lower podium is designated as tenant amenity space.
Two lower levels within the podium are slated to be a 78-unit hotel, with guest suite sizes comprised of 14 studio units, 50 one-bedroom units, and 14 two-bedroom units. Suites are being designed for the hotel to allow for its possible future conversion into additional purpose-built rental homes. The developer is currently in the process of considering a hotel operator partner.
“Hotel options in Vancouver are limited, which can make it an expensive place to visit,” reads the project rationale. “The Oakridge area is anticipated to be a major employment area, is connected to the airport by SkyTrain, and will see a significant increase in residential population in the coming years.”
Over 16,000 sq. ft. of retail and restaurant space on the ground level will help activate the building’s pedestrian frontage along West 41st Avenue.
Three underground levels will accommodate 375 vehicle parking stalls and 661 bike parking spaces.
On the other side of Alberta Street, immediately east of the West Site, the plans for the far smaller East Site portion of the two-site redevelopment call for a 10-storey building with approximately 68,000 sq. ft. of total floor area, including 62,372 sq. ft. of purpose-built rental housing and 5,000 sq. ft. of ground-level retail.
There will be 83 rental homes, with a unit mix of 54 one-bedroom units and 29 two-bedroom units.
Three underground levels host 43 vehicle parking stalls and 161 bike parking spaces.
The floor space ratio density is 5.3 times the size of the lot.
Just across the street at the southeast corner of the intersection of West 41st Avenue and Cambie Street, another developer is also proposing a major redevelopment with two towers reaching up to 27 storeys, with 80 purpose-built rental homes, 133 market strata units, 67,000 sq. ft. of office space, and 12,500 sq. ft. of ground-level retail and restaurant space.
As well, the developer of Oakridge Centre is planning a major upgrade of Oakridge-41st Avenue Station, an amenity contribution that will help the station handle the growth of not only the redeveloped shopping mall but also the immense surrounding redevelopments within the new town centre.