Prime redevelopment opportunity in Mount Pleasant within Vancouver´s Broadway Plan - MRTB (Mount Pleasant RT Areas, Area B). This site supports up to 18 storeys and 5.5 FSR for residential with retail/service at grade. The neighbouring property at 174 W 11th Ave is also available for purchase, allowing a combined frontage exceeding the 150 ft. minimum required for tower form under the Plan. When assembled, the properties create an exceptional high-rise or large mixed-use secured rental development site with strong policy support. Broadway Plan policy requires 20% of net residential floor area to be delivered as secured below-market rental. Unmatched location steps to the future Broadway-City Hall and Mount Pleasant Stations, Main Street retail and restaurants, and VGH. (id:51532)
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