427-449 West 39th Avenue CD-1 Rezoning Referral

Motion 26 · Council Meeting, May 9, 2023

On Consent Location 427-449 West 39th Avenue

Summary

A rezoning application for 427–449 West 39th Avenue proposes to rezone three lots from RS-1 (single-family residential) to CD-1 (Comprehensive Development) to allow an 18-storey secured rental building with 176 units.
At least 20% of the residential floor area would be secured as below-market rental (BMR) units, consistent with the Moderate Income Rental Housing Pilot Program policy.
The site, totalling approximately 1,770 sq. m, is located on the north side of West 39th Avenue between Alberta and Cambie Streets, an area undergoing significant redevelopment near Oakridge Centre.
The proposed floor space ratio would increase significantly from 0.70 to 6.10, and building height from 10.7 m to 55 m, reflecting the higher-density character envisioned in the Cambie Corridor Plan.
The homes on site were owner-occupied at the time of application, so the Tenant Relocation and Protection Policy does not apply; nearby schools are projected to operate under capacity through 2029.
Staff have assessed the proposal as consistent with the Cambie Corridor Plan and recommend referring it to a Public Hearing, with a Housing Agreement required to secure rental and below-market tenure before the CD-1 bylaw is enacted.