What happened
Marcon Developments Ltd. has applied to the City of Vancouver for permission to develop the site. The proposal specifies a Floor Space Ratio (FSR) of 6.41, an overall building height of 66 m (216.54 ft.) with additional height for rooftop amenity space, and two levels of underground parking accessed from the rear lane. Under the site's existing R5-3 zoning the application is described as “conditional” and requires the decision of the Director of Planning.
Why it matters
The proposal would create 273 rental homes across up to 22 storeys, with 20% of the residential floor area proposed as below‑market rental units. Procedurally, because the site is zoned R5‑3 and the application is conditional, the project requires a Director of Planning decision rather than being an outright permitted development.
What Urbyn is watching
No verified public pricing 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.