3 Rental Projects Proposed For Vancouver's Broadway Corridor

​The three high-rise projects are set for 1190 W 10th Avenue, 1665-1685 W 11th Avenue, and 1365 W 12th Avenue in the Broadway Corridor of Vancouver.Vancouver's Broadway Corridor is the subject of three new rezoning applications published by the City on Friday, all of which propose rental buildings around 20 storeys and would total to just under 500 units, 20% of which will be secured at below-market rates.

The property is owned by Prospero International Realty Inc. and Five Mile Holdings Ltd., with the redevelopment project being advanced byPlanned for the site is a 21-storey building with 172 units, consisting of 60 studios, 51 one-bedrooms, 41 two-bedrooms, and 20 three-bedrooms. As required under Broadway Plan policies, 20% of the residential floor area will be secured at below-market rates.

The site consists of three properties, each of which are occupied by a small multi-unit building originally constructed before 1980, according to BC Assessment records, which value the properties at aroundThe properties are owned by Palmar Properties Inc., who is seeking to rezone the site from RM-3 to CD-1 .

"The massing of the tower is made up of three distinct layers," the architects add. "The outer layers comprising the north and south sides of the building are largely glazed, framed by a solid band that wraps the perimeter of these two facades. The middle layer of the tower forms a spine that runs the length of the building, extending vertically above the north and south layers to include the roof top amenity space and screened mechanical area above.

The property is owned by 1343153 BC Ltd., whose application — seeking to rezone the site from RM-3 to CD-1 — was submitted on their behalf by Toronto-based "Generous landscaping on West 12th Avenue includes a floating patio space for the retail units, street trees that will create a pleasant pedestrian environment and compliment the established rhythm of residential building entrances and mature street trees that define the West 12th Avenue corridor," the architects add. "

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