Oakridge Park | 13 Towers | 154m | 52fl | 5M sqft | U/C

[Tetsuo]

Originally Posted by VanK

Portions of the massive CAC's that will be collected from the Oakridge Mall development will go back into the Mall development but None of the future CAC allocation for the sites surrounding the mall will go to fund area improving assets. As of now the City is proposing extracting 100% of the CAC's towards building below market (affordable) housing for all of the sites that will be upzoned around the mall. COV needs better / more swimming pools. Take a look at North Vancouver District. thats something they do well.. build great recreation centres.

Agreed, the southern part of the city is really lacking.

[officedweller]

Originally Posted by excel

Kerrisdale doesn't have a train station.

That's not a prerequisite.
There are lots of Municipal Town Centres under the Regional Growth Strategy that do not have rapid transit.

[Feathered Friend]

With the recent discussion about the Oakridge MTC in this thread, I thought I would drop this in here.

http://www.vancouvermarket.ca/2017/07/28...-41st-site-for-3-storey-office-building/

Application for Prominent Cambie & 41st Site for 3-Storey Office Building
Coromandel Properties has submitted a development application for a prominent former Esso gas station site, now vacant, at the Northeast corner of 41st and Cambie.

The site falls within the City of Vancouver’s recently released vision for the Cambie Corridor Oakridge Municipal Centre, which would allow a rezoning for a mixed-use/residential tower potentially as high as 20-storeys for the site.

The development permit application now submitted for the 130′ x 122′ site indicates plan for a new 3-storey, mixed-use building, consisting of:

Retail & restaurant uses on the ground floor;
Office uses on the 2nd and 3rd floor;
A total building size of 26,686 SF;
A total density of 1.7 FSR;
Peak Height: 59 ft.; and
48 underground parking spaces on 1 1/2 levels all having vehicular access from the lane.
495 W 41st_2 495 W 41st_1 495 W 41st

It’s unclear if this potential development plan is simply an effort to secure a permit now under the existing zoning, or if the potential for a tower rezoning is still in the long term plan. Under the site’s existing C-2 zoning which allows 2.5 FSR, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

Coromandel acquired the site in October 2014 for $15,800,000, or $398 per buildable SF based on the existing C-2 zoning of the site, or $592 per buildable SF based on the proposed plan.

The architect for the project is McFarlane Biggar Architects and Designers.

Link to the application:
http://development.vancouver.ca/pc495w41st/index.htm

I'm hoping that Mr Taylor is right, and there's something more to this than just proceeding with the application. Frankly, that this site could end up wasted like this is astounding.

[LeftCoaster]

It can't rationally go ahead as planned for nearly $400 PSF buildable.

Most commercial land trades between $50-$60 PSF as that's the cost that allows an economic return when rents are in the mid 30s. Unless Cormandel is looking to just flat out lose money this is probably just an interim condition. Even if they are dumping money there's still no reason to not build out a site properly.

[Feathered Friend]

Via a http://www.vancouvermarket.ca/ retweet

https://twitter.com/sharp604/status/918906387542839297

Harpinder Sandhu‏
@sharp604
Touring the 28 acre Oakridge Mall redevelopment by QuadReal. BCIMC investment on behalf of the BC Public Pension Plans #vanre

[giallo]

Whoa. I'm looking forward to seeing some detailed renderings.

[jollyburger]

Counting around 46F in the tallest tower.

[excel]

Whoa is right.

[Tetsuo]

CURVES ARE BEAUTIFUL

ron!

[VancouverOfTheFuture]

that looks impressive; wow. very nice for the suburbs

[connect2source]

I'm curious to see what the actual colours of the towers and complex will be. The existing Terraces and office tower are in the model shown here as silvery / transparent when they are actually red-brick veneer.

[Metro-One]

A re-clad could also be part of the project...

But yes, I also am curious about the materials / colour pallet chosen for this project.

I hope some half decent lighting features are also part of the project.

I like the massing though, has a nice futurist feel without trying to hard.

[bc2mb]

Sourced some more renderings and details from QuadReal/Westbank:







“The role and purpose of retail space will no longer be principally to sell products. These spaces will act as living, breathing physical portals into brand and product experiences,” reads a post on Westbank’s Oakridge project website.

“They will become places we go to learn, be inspired, see and try new things, experiment and co-create. We’ll go to these spaces for entertainment, education, connection and community. The emphasis will no longer be on sales but rather on catalyzing a relationship with the consumer that transcends the store. The way these spaces are planned, built, staffed, managed and measured will look and act nothing like the retail operations of today.”

“What we are trying to achieve is a project which brings all of these elements together in such a way that the retail feels like part of the park, which feels like part of the public art, which feels like part of the performance space. This holistic approach, if successful, will create a unique experience which we are confident will make Oakridge the largest single attraction in Western Canada.”

Source: http://urbanyvr.com/oakridge-centre-redevelopment-quadreal

[Vin]

It's a shame this won't be a double-storey mall as previously proposed. The added retail density would have included more new stores to come to this part of Vancouver.

Overall, I like the design of the towers. Let's hope they retain the shapes shown on the models.

They need to hurry up with the construction: been delayed way too long.

[vanman]

Yeah I'm dissappointed that they are not going with what was originally proposed. I was especially looking forward to seeing this streetscape come to life.



And it's hard to believe that the Oakridge and Brentwood redevelopment were first proposed around the same time.

[Genauso]

Originally Posted by vanman

And it's hard to believe that the Oakridge and Brentwood redevelopment were first proposed around the same time.

It really is, and if time is money that's a lotta moolah.

I'd like to think so, but I don't have any sense that redevelopment of Oakridge is any closer than it was a decade ago just before the Canada Line opened. The Cambie corrior hasn't even been rezoned yet, so much time wasted doing the zoning of each project individually.

This site could have led the way because it fronted on two major roads, had a rapid transit connection, had sufficient green space to share, and was visually shielded on all sides from neighbouring properties of less density that could have rightly argued if Oakridge got upzoned, why not them.

[LeftCoaster]

I would say it is technically further further behind in the approval/design process than it was several years ago, however it now has a new owner, with deep pockets and looking to make a name for themselves as the new big name in town. I see this one moving forward quickly.

With that siad I think those tower heights are going to give them a bit of trouble as that neighbourhood is anything but progressive.

[WarrenC12]

To be fair, Oakridge is still a busy and highly profitable mall, with high rents. Brentwood has been a sad mall since I grew up nearby in the 80s.

[Smooth]

Originally Posted by LeftCoaster

I would say it is technically further further behind in the approval/design process than it was several years ago, however it now has a new owner, with deep pockets and looking to make a name for themselves as the new big name in town. I see this one moving forward quickly.

With that siad I think those tower heights are going to give them a bit of trouble as that neighbourhood is anything but progressive.

Not so sure that'll be a problem if this keeps moving forward:
http://vancouver.ca/home-property-development/oakridge-municipal-town-centre-area-planning.aspx

[LeftCoaster]

Don't think that won't be a monumental fight as well...