Redevelopment Application: 118-150 Robson St text amendment

Redevelopment Application: 118-150 Robson St text amendment

    September 2, 2021

    The site is zoned under DD with an existing density limitation of 5.0 FSR with potential increase of up to 10% for the transfer of heritage floor space. The maximum permitted height is 137.2m (450 ft.) but is effectively limited by the “Cambie Street to North Shore Mountains” (9.1) View Cone. Hotel, residential and commercial retail are within the permitted uses.

    The intent of this development is to build 29 levels of residential mixed-use with 5 levels of underground parking. The residential tower, with 131 residential units, sits above 4 to 6 levels of hotel space with ground floor hotel related retail space. The development is served by two Class B loading bays located adjacent to the lane, and six Class A stalls located within the first two levels of the underground parkade.

    Site Information Update:

    • An increase from 10.07 to 10.33 FSR
    • An addition of rental residential floor area by approximately 6,257 sq. ft.
    • No increase to the maximum height of the building

    Original Application:

    Site Information:

    • retention and restoration of the existing Northern Electric Building facade;
    • 131 market housing units in the residential tower (levels five to 29);
    • hotel and related commercial uses at ground level, with four to six-storeys of hotel uses above;
    • five levels of underground parking;
    • a floor space ratio (FSR) of 10.08; and
    • a building height of 88.5 m (290 ft).

    Yoyoe Lu

    Founder and managing principal
    yoyoe@claridgeadvisors.com

    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
    ashley@claridgeadvisors.com

    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@claridgeadvisors.com

    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@claridgeadvisors.com

    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
    wendy@claridgeadvisors.com

    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@claridgeadvisors.com

    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

    Analyst
    frank@claridgeadvisors.com

    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.

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