Two towers proposed for southeast corner of Cambie and 41st Avenue

Jun 24 2019, 8:07 pm

This is the most significant standalone redevelopment proposed for Vancouver’s Cambie Corridor to date — outside of the neighbourhood-sized redevelopments such as Oakridge Centre, Pearson Dogwood, Langara Gardens, and the cluster around Marine Gateway.

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Local developer Polygone Homes has submitted a rezoning application to redevelop 5740 Cambie Street — the prominent southeast corner of the intersection of Cambie Street and West 41st Avenue — into a two-tower, mixed-use redevelopment.

The development site is currently occupied by a pair of 1959-built three-storey buildings with office and retail. It is just across the street from Oakridge Centre and the Canada Line’s Oakridge-41st Avenue Station.

5740 Cambie Street Vancouver

Site of 5740 Cambie Street, Vancouver. (DIALOG / Polygon Homes)

5740 Cambie Street Vancouver

Site of 5740 Cambie Street, Vancouver. (DIALOG / Polygon Homes)

Designed by DIALOG, the proposal calls for two towers — a 27-storey market strata tower (278 ft) and a 14-storey market rental tower (148 ft) sitting on top of a four-storey retail and office podium.

A total of 213 homes are proposed, including 133 market strata units and 80 market rental units. The market strata unit mix is 14 one-bedroom units, 104 two-bedroom units, 14 three-bedroom units, and one penthouse, while the rental unit mix is 10 studio units, 31 one-bedroom units, and 39 two-bedroom units.

5740 Cambie Street Vancouver

Artistic rendering of 5740 Cambie Street, Vancouver. (DIALOG / Polygon Homes)

5740 Cambie Street Vancouver

Artistic rendering of 5740 Cambie Street, Vancouver. (DIALOG / Polygon Homes)

Approximately 12,500 sq. ft. of retail and restaurant space on the ground level will help activate the complex’s frontage with Cambie Street.

The remaining three podium levels will be used as office space, with approximately 46,000 sq. ft. set aside for non-profit organizations and the top podium level used for 21,000 sq. ft. of market office space.

5740 Cambie Street Vancouver

Layout of 5740 Cambie Street, Vancouver. (DIALOG / Polygon Homes)

5740 Cambie Street Vancouver

Artistic rendering of 5740 Cambie Street, Vancouver. (DIALOG / Polygon Homes)

Four underground levels will contain 288 vehicle parking stalls and 559 bike parking spaces.

Building rooftops will be packed with green space, both for functional use and as green roof planting areas. There will be communal patios, lounges, kids play and BBQ areas for all residents, as well as a deck for offices on the east side.

5740 Cambie Street Vancouver

Layout of 5740 Cambie Street, Vancouver. (DIALOG / Polygon Homes)

On the ground level, a “grove” in a mid-block plaza and a strip of greenery — featuring trees and plantings — will be integral to the building’s stormwater strategy.

“At one of the most prominent urban intersections in Vancouver, this project strives to set the tone for the Oakridge character area by providing a bold design at the ground plane,” reads the design rationale.

“The main design move is this puncturing of the building with a green grove to create a strong central element at the mid-block. It will serve as a place to give protection from the busy Cambie corridor and will be a place where people can grab a meal or a coffee on their lunch break or before heading to the Canada Line.”

5740 Cambie Street Vancouver

Artistic rendering of 5740 Cambie Street, Vancouver. (DIALOG / Polygon Homes)

5740 Cambie Street Vancouver

Layout of 5740 Cambie Street, Vancouver. (DIALOG / Polygon Homes)

Altogether, the project entails 317,000 sq. ft. of floor area on the 34,000-sq-ft site, creating a floor space ratio density of 8.61 times the size of the lot.

The property’s latest assessed value is $48.7 million.

The scale, forms, and uses of this site were established by the municipal government’s Cambie Corridor Plan. Just one block south, heights of 330 ft — the tallest in the Oakridge Town Centre area outside of Oakridge Centre — are permitted.

Vancouver Cambie Corridor Plan 2018

The new Cambie Street frontage between 39th Avenue and 45th Avenue as part of the approved Cambie Corridor Plan. (City of Vancouver)

5740 Cambie Street Vancouver

Artistic rendering of 5740 Cambie Street, Vancouver. (DIALOG / Polygon Homes)

5740 Cambie Street Vancouver

Artistic rendering of 5740 Cambie Street, Vancouver. (DIALOG / Polygon Homes)

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