Rezoning Application: 2246-2268 East Broadway, Vancouver

Sold Price: $9,300,000 (2018-04-12)

Buildable: $205

The city of Vancouver received a rezoning application for 2246-2268 East Broadway and its being considered under the Grandview-Woodland Community Plan. Omicron in collaboration with Lotus Capital is proposing a 6-storey condo development for the site. It will be rezoned from RS-1 (single family dwelling) to CD-1 (Comprehensive Development).

The site fronts East Broadway close to Nanaimo Street. Walking distance to Commercial Broadway Station is approximately 10 minutes. The perks being on a major street are ample of amenity, service and restaurant options. Public school and parks are also in proximity. Unlike other developments, majority of the units for this 6-storey building is studios.

Original Site Statistics:

• Current Zoning: RS-1
• Proposed Zoning: CD-1
• Site Area: 16,114 Sqft
• Floor space ratio (FSR) of 2.65
• Floor area of 4,216 sq. m (45,382 sq. ft.)
• Maximum building height of 19.35 m (63.48 ft.)

Original Project Statistics:

• 57 units
• 24 studios
• 11 one-bedroom
• 16 two-bedrooms
• 6 three bedrooms
• 47 underground vehicle parking spaces, 4 surface vehicles parking spaces, and 114 bicycle parking spaces

Information Acquired From: City of Vancouver

Developer/Architect: Omicron