Sold Price: $6,100,000 (2017-01-18)
Price/Buildable: $230
GUD Group submitted a rezoning application to change the site’s zoning from RS-1 to CD-1 in accordance with the Cambie Corridor Plan. 485 West 28 Avenue’s rezoning application is amid the virtual open house process.
The site is located in between King Edward Skytrain and Queen Elizabeth Park and the neighbourhood is under rapid transformation given that multiple projects on Cambie street are already under construction.
The proposed development features a unique glass panel design on the exterior of the building. It will have 27 market residential units varying from one-bedroom to three-bedroom with a total proposed area of 26,429 sqft. It will meet low emission green building path “B” within the Vancouver Green Building Policy for Rezoning
Site Statistics:
- Gross Site Area: 10,388 Sqft
- FAR: 2.54
- Potential Density: 26,429 Sqft
Project Statistics:
- 27 market strata units
- Building height of 19.2 m (63 ft.)
- Partial 7th storey amenity space
- 6th floor green roof
- 34 vehicle parking spaces and 64 bicycle parking spaces
Information Acquired From: City of Vancouver
Developer/Architect: Gud Group