The two towers planned for 25-55 E 12th Avenue in Vancouver would be full rental, with a portion provided at below-market rates.Two new rental towers that would bring nearly 400 rental units are being planned for the Mount Pleasant neighbourhood of Vancouver, according to a rezoning application published by the City of Vancouver on Thursday.
Planned for the site is a 21-storey West Tower and a 19-storey East Tower, which will sit atop a podium that will also house commercial retail space on the ground floor. The total proposed density of the project is 6.6 FSR and the developers are seeking to rezone the site from RM-4N to CD-1 . The project will provide a total of 228 vehicle parking spaces and 674 bicycle parking spaces. The ground-level retail spaces will total to about 10,632 sq. ft.
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