Rezoning Application: 5163-5187 Joyce Street, Vancouver

Rezoning Application: 5163-5187 Joyce Street, Vancouver

  • rezoning application
  • Vancouver
April 6, 2021

Site Area: 17,650 Sqft

FSR: 13.1

A revised rezoning application has been submitted to the City of Vancouver for 5163-5187 Joyce St. The proposal is to allow for the development of a 32-storey mixed use building with commercial use at grade and a proposed library space on level 2. The zoning would change from C-2C (Commercial) District to CD-1 (Comprehensive Development) District.

The proposal for the 5163-5187 Joyce Street is a mixed-use development, located at the central portion of Collingwood neighborhood, bounded by Joyce Street and Vanness Avenue, only steps away from Joyce-Collingwood Skytrain Station.

The tower height was increased in the revised proposal and the total unit count has increased by 8 units. It shifted from a market condo to a predominantly rental project. We believe developer has received incentive and city played a role to promote additional rental housing in a Vancouver hot spot.

The surrounding neighbourhood is a vital centre of Vancouver’s transit-oriented plan for densification. In order to accommodate for rapid population, increase and attract employment opportunities and community activities. Ground level will be for commercial us including an entrance to the library that will be occupying the second floor. The development features a terrace on the fifth floor and 6 levels of underground parking.

 

Site Statistic

  • 293 market strata units
  • A floor space ratio (FSR) of 13.10
  • A floor area of 21,484.6 sq. m (231,258 sq. ft.)
  • A building height of 94.1 m (308.72 ft.)
  • 228 vehicle parking spaces and 588 bicycle parking spaces

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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