One of Vancouver’s most renowned hipster hangouts could be demolished for a new mixed-use rental residential building.
A small triangular-shaped, city-block sized site on the southeast corner of Main Street and East 2nd Avenue that is home to The Narrow Lounge and a number of other small businesses is set to be redeveloped into an 11-storey building.
The rezoning application by Cressey Development Corporation shows retail and restaurant spaces on the ground floor and 131 secured market rental residential units on the upper levels. The unit allocations are divided into 34 studio units, 51 one-bedroom units, 36 two-bedroom units, and 10 three-bedroom units.
Another city-block sized site across from the Narrow on the southwest corner of the intersection is already set to be redeveloped after City Council approved a rezoning application in 2015.
While both projects have different developers, they are both designed by the same local firm – Francl Architecture.
More redevelopments coming to Main Street
The Main Street corridor from Chinatown to 41st Avenue is poised to see a new street wall of redevelopments made up of primarily low- and mid-rise projects. Dozens of projects are either planned, proposed, or approved, such as the redevelopment of Chinatown’s Brickhouse and the planned tech hub project at Main Street and East 4th Avenue that will include Hootsuite.
As well, the site that was formerly home to the now-closed The Foundation restaurant could be redeveloped.