Rezoning Application: 1040-1080 Barclay Street, Vancouver

Rezoning Application: 1040-1080 Barclay Street, Vancouver

    April 14, 2022

    1040-1060-1070-1080

    Transaction Price: 1040 ($32,000,000: 2017), 1070-1080 ($59,000,000: 2016)

    Site Area: 43,272 Sqft

    FSR: 21.867

    Potential Buildable: 946,391 Sqft

    The rezoning application at 1040-1080 Barclay St is to allow for the development two residential towers (54 storeys and 50 storeys) over ten levels of underground parking. The zoning would change from RM-5A (Multi-Dwelling) District to CD-1 (Comprehensive Development) District.

    The site is located between Vancouver’s Central Business District and the West End, within walking distance of a myriad of attractions, amenities, public transit, and easy access to the adjacent green space of Nelson Park.

    Featuring two distinct towers and an active ground plane, this dynamic project features a wide variety of uses and over 1,000 residential units, including market rental, below-market rental, social housing, market housing, childcare, and retail.

    At the heart of the site between the towers is a new urban park and mid-block connection, which has been developed with a focus on placemaking and building community.

    The East Tower: A 100% purpose-built rental tower with a small retail unit at grade.

    • Building Height of 545’ (572’ to the top of appurtenance) with 59 storeys
    • Podium Height of 59’, with 5 storeys above grade, with an average floor plate size of 11,089 sq.ft
    • Tower maximum floor plate size of 9,000 sq.ft (7,500 sq.ft + 20% rental allowance)
      • A total of 636 Residential Units
      • 130 Below-Market Rental Units
      • 506 Market Rental Units
      • A ground floor Retail Unit of 1,622 sq.ft
      • 10 levels of underground parking

    The West Tower: A market condominium and social housing tower with integrated childcare facility on the podium roof, and retail units at grade.

    • Building height of 541’ (567’ to the top of appurtenance) with 56 storeys
    • Podium height of 67’, with 6 storeys above grade, with an average floor plate size of 13,255 sq.ft
    • Tower maximum floor plate size of 7,500 sq.ft
      • A total of 464 Residential Units:
      • 365 Market Condominium Units
      • 99 Social Housing units
      • City-owned Childcare Facility (37 space) with 5,069 sq.ft interior and 5,606 sq.ft exterior      space on the podium roof
      • Ground floor Retail Units totaling 4,291 sq.ft
      • 10 levels of underground parking

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