Update from the team at Jia Hua Homes your Vancouver Real Estate Agent
Wall Financial Corporation returns to council for East Vancouver rezoning hearing
GBL Architects filed the application on behalf of Wall, which obtained council’s approval in late July to develop 735 housing units at the historic Shannon Mews site near the corner of Granville Street and West 57th Avenue. The current application in East Vancouver calls for three residential towers between 28 and 30 storeys, as well as a six-storey stepped building, 33,000 square feet of amenity space, some commercial space, and an accessible park.
The amenity space would include classrooms and a child-minding area, as well as a commercial-grade kitchen, office, and multifunctional gathering space, and has an estimated value of $11.4 million.
The entire development would include 1,114 housing units and underground parking for 1,329 vehicles. The report to council states that if the application is approved, the developer will be required to provide at least five shared vehicles and five shared parking spots on site for a car-share program. This would cost Wall $125,000 for the vehicles and another $57,800 in operating costs for the fleet.
Last year when the Vancouver board of education was holding public meetings over the possible closure of five schools on the city’s East Side, several speakers, including future NDP leader Adrian Dix, cited the Wall development as a reason to reconsider this decision. In the end, the board of education held off making a final decision until next year.