Six assembled lots in the Garden City area could be the site of a mixed commercial and residential complex with some affordable rental and some market rental housing.
A rezoning application, on the planning committee agenda for Sept. 4, proposes to consolidate six lots on Garden City Road and Odlin Street to make way for a four-storey commercial building and four residential buildings.
The residential buildings would have 174 homes, including nine affordable units, 15 “modest market” rental units and 17 market rentals.
Rents for the affordable units would be set at $975 for a one-bedroom unit, $1,218 for a two-bedroom unit and $1,480 for a three-bedroom unit. Modest market units would have rents of $750, $1,100 and $1,400. Maximum incomes are set for occupants of these units, and the rents could be raised according to the Consumer Price Index.
Forty per cent of the units in the complex are proposed to be two-bedroom units or larger.
The six lots proposed for redevelopment were all single family homes, and one had a secondary suite. All have since been demolished.
As part of the rezoning, the developer would be required to contribute approximately $163,000 to the city’s childcare reserve, about $163,000 to city’s beautification work in West Cambie area, and about $17,000 to help pay for community and engineering costs. In addition, the developer is also required to contribute about $194,000 to the city’s public art reserve. This may be a cash contribution or on-site public art.
The project would be connected to the district energy utility.
The proposal includes the removal of 44 trees to be replaced eventually by 88 trees. According to an arborist’s report, 34 of the trees are in poor condition.
An amendment to the Official Community Plan is needed to accommodate a pedestrian/bicycle pathway through the proposed complex.
The school district was not consulted on this project because it is not expected to have more than 50 children – the threshold for this is 295 units.
First reading of the development will be dealt with at council’s planning meeting on Sept. 4, which starts at 4 p.m.
