Multi-tower redevelopment site at Marine Gateway: 8460 Ash & 8495 Cambie Street, Vancouver

Multi-tower redevelopment site at Marine Gateway: 8460 Ash & 8495 Cambie Street, Vancouver

  • rezoning application
  • Vancouver
November 24, 2020

Intracorp has acquired 8560 Ash and 8495 Cambie Street and submitted a rezoning application to rezone the site from RT-2 (Multiple Dwelling) to CD-1 (Comprehensive Development). The proposal consists of three mixed-use towers at 15, 24, and 27 storeys located at Marine Gateway.

Marine Gateway is the one of the two major town center area in Marpole. Its been a while since Concord Pacific completed its W1 development to see another major development take place. According to the Marpole Community Plan, the area around Marine Gateway is designated for multi-family dwellings. Intracorp’s application for the three tower exceeds building height beyond what is envisaged in the Marpole Community Plan and is being reviewed and acquiring permission for acceptance by the City.

The project is divided into two sections (Ash Facing and Cambie Facing). The Ash facing 15 and 24 storey towers will share its commercial level at ground. The 27-storey tower will be located on another street fronting Cambie. A total of 125 non-market residential unit, and 457 market rental units. The development is dominantly market rentals units. It creates more competitions in a convenient and accessible location that is lacking housing supply.

Site Statistics:

  • 1-for-1 replacement of the existing 54 Ashley Mar Housing Co-operative units;
  • 71 additional non-market housing units;
  • 457 secured market rental units;
  • 1 commercial-retail unit;
  • a floor space ratio (FSR) of 7.54;
  • a gross floor area of 45,455 sq. m (489,270 sq. ft.);
  • a maximum building height of 81.5 m (267 ft.); and
  • 309 underground parking spaces and 1,162 bicycle spaces.
  • spaces, 4 surface vehicles parking spaces, and 114 bicycle parking spaces

Information Acquired From: City of Vancouver

Developer/Architect: Intracorp


Yoyoe Lu

Founder and managing principal

Yoyoe is the founder and managing principal of Claridge. She was ranked one of Vancouver’s top real estate agents. Currently, Yoyoe is our strategic mind leading the team to success. Her affiliation with industry professionals put her ahead of our competitors. Yoyoe is also part of the Rotary Club of West Vancouver, Canadian Homebuilders Association, Urban Land Institute and Urban Development Institute.

Ashley Osborn

Development Site and Investment Specialist

Ashely is our lead land and investment advisor. He has been consistently featured in the annual top 100 real estate deals of British Columbia ranking. With over $15 billion worth of domestic and international real estate investments under his belt, Ashley is one of the top agents in the province. His 20 years of real estate and financial experience make him a master in negotiation and acquisition.

Patricia Wong Chong

Investment and Leasing Specialist

Patricia is our investment and retail leasing advisor. Her experience in brokerage and market research analysis has helped her comprise over $550 million in commercial real estate transactions. Patricia is responsible, detail-oriented, and professional. Her strong work ethic and positive attitude have led her to surpass all her competitors.

Schumann Li

Land Assembly & Residential Specialist

Schumann is a top-producing realtor in the Lower Mainland with more than 30 years’ experience. Over the years, Schumann hasn’t just garnered awards, but the trust of countless customers. Her clients continually refer to her outstanding professionalism, work ethic and poise.

Wendy Kaip

Sales Associate

Whether it’s decoding city policies, strategizing relocation plans, home sellers looking for a trustworthy advisor to unlock their property’s maximum potential- Wendy is here to help every step along the way.

Prior to real estate, Wendy spent over a decade in the mining industry with her attention to detail, keen negotiation skills, extensive network and strong reputation for getting the deal done, bringing endless value to her current real estate clients.

Whether you are thinking about selling to a developer, or have more questions about commercial real estate, Wendy invites you to connect, to see how she can utilize her expertise and team to help create value and maximize your real estate goals.

Simon Chan

Managing Broker

Simon is the managing broker of Claridge Real Estate Advisors Inc. His expertise has helped our agents resolve many difficulties. Not only is Simon knowledgeable with real estate legislation, but he is also very detail orientated. With Simon on our team, our agents are confident to conduct businesses and will always get the support they need to ensure they’re not walking on dirty water.

Frank Zhou


As the analyst of the company, my key job is to help brokers to find marketable clients and locate feasible development sites by collecting and analyzing up-to-date market transaction data and conducting target market and property-level research. Meanwhile, I am also in charge of maintaining the company’s property database to ensure accuracy and comprehensiveness and continuously upgrading the level of knowledge by staying up to date with hot topics, and market trends, and incorporating findings into everyday work. Before joining the company, I worked for CR Group as a real estate investment manager, focusing on capital raising, equity and debt financing, acquisition and renovation. I hold 2 master’s degrees, one in Housing Management and the other in Economics.