• Sold
SOLD: Main Street Development Opportunity
SOLD: Main Street Development Opportunity
SOLD: Main Street Development Opportunity
6,000 SF development site with 50 feet of frontage along Main Street. The Property is currently unimproved and rectangular in shape and has a frontage along Main Street of 50 feet and depth of 120 feet. The Property is in the middle of three remaining properties on the east side of the 700 block of Main Street, creating strong assembly potential. HA-1A (Chinatown Historic Area)zoning now allows for a height increase in the “Chinatown South” Area to 90-feet without the need for rezoning.

At the same time, City Council also approved a rezoning policy that will allow for the consideration of rezoning applications up to a maximum of 150 feet in the Main Street Sub-Area of Chinatown South. This designation does not stipulate an outright Floor Space Ratio (FSR) pertaining to how much buildable density may be achieved once developed. Instead, the zoning suggests that a developer (in conjunction with their architect) may build as much density as feasibly possible within a certain height restriction.

Ideally located within the metro region, Downtown Vancouver offers residents an opportunity to live, work and play in one of the World’s most livable cities. Centrally located in one of the most attractive urban centres, the site is close to all major transit, shops, dining, and all other major amenities. Situated at the southeast corner of Main Street at Union Street near the Main Street SkyTrain Station.

Property Details

  • 02/19/2013
  • SOLD