Aurmon Development has filed an application with city hall to rezone the 24,160-square-foot site currently a “community garden” at 371 West 2nd Avenue from industrial to residential use. The owner of the property now wants to use the land for a 12-storey condo development called the Olympic Station. The building will have 132 apartments and 172 parking spaces. The site was acquired by Aurmon in 2010 for $9,650,000, or $114 per buildable SF.
The garden was built in 2014 by the Shifting Growth Garden Society, a charity that acts as temporary land manager for properties awaiting development. “We provide an opportunity for those landowners to make some use of their land before they develop on it by creating a valuable asset to the community,” garden manager Adrick Brock told the Straight in a phone interview.
The proposal for Olympic Station is for a 12-storey residential building (10 storeys plus 2 penthouse levels) above a 6-storey residential podium (5 storeys plus 1 penthouse level). The proposal includes:
· 132 strata housing units;
· A height of 130 ft (39.6 m); and
· A floor space ratio (FSR) of 4.11.
· 5 studios, 78 – 1 Bedroooms, 37 – 2 Bedrooms and 12 – 3 Bedrooms
· Three levels of underground parking
Building Name: Olympic Station
Address: 371 W 2nd Avenue, Vancouver, BC V5Y 1C9
Developer: Aurmon Development
Architect: DYS Architecture
Interior Design: N/A
Year Built: N/A
Unit Sizes: N/A
Property Type: Residential
Neighbourhood: False Creek
Deposit Structure: N/A
Cost/Square Foot: N/A
Monthly Maintenance: N/A
Cost To Purchase Parking: N/A
Cost To Purchase Storage: N/A
Contact Agnieszka Stryjecka for more information on Olympic Station, floor plans & pricing.
firstname.lastname@example.org TAC Real Estate Corp. 778.991.5881
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E.&.O.E. This is not an offering for sale. Such offering may be made by Disclosure Statement only.