What happened
The City of Vancouver record describes the proposal as 221 secured market rental units with 20% of units at below-market rates. The application proposes a total floor space ratio (FSR) of 6.65 (15,447 m² / 166,273 sq.ft.) and a maximum height of 80.6 m (264 ft). The design includes three levels of underground parking with vehicular access off Marstrand Avenue and is adjacent to a previously approved public utility building at the southwest corner of the lot. The record also notes that the rezoning application for the site was approved by City Council following a Public Hearing and that, among the conditions of Council’s approval, the applicant must obtain approval of a development permit. The official status shown is application_under_review (DP-2026-00651).
Why it matters
The proposal would deliver 221 secured market rental homes, with 20% of those units designated at below-market rates, indicating the project’s stated tenure and affordability mix. The stated FSR (6.65) and proposed height (80.6 m) describe the project’s scale relative to the site. Procedurally, City Council has already approved rezoning for the site following a Public Hearing and has identified a development permit as a required approval, meaning the current application is the active review item noted in the city record.
What Urbyn is watching
No verified public pricing for units is contained in the reviewed evidence. No verified presale launch is contained in the reviewed evidence. No verified construction start is contained in the reviewed evidence. No verified completion timing is contained in the reviewed evidence.
Urbyn’s analysis is separate from verified source facts. Read the original source for the full record.