154-168 W 11th Avenue Vancouver, British Columbia V5Y 1S7

$10,800,000

Prime redevelopment opportunity in Mount Pleasant within Vancouver´s Broadway Plan - MRTB (Mount Pleasant RT Areas, Area B). This site supports up to 18 storeys and 5.5 FSR for residential with retail/service at grade. The neighbouring property at 174 W 11th Ave is also available for purchase, allowing a combined frontage exceeding the 150 ft. minimum required for tower form under the Plan. When assembled, the properties create an exceptional high-rise or large mixed-use secured rental development site with strong policy support. Broadway Plan policy requires 20% of net residential floor area to be delivered as secured below-market rental. Unmatched location steps to the future Broadway-City Hall and Mount Pleasant Stations, Main Street retail and restaurants, and VGH. An ideal opportunity (id:54441)

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https://www.realtor.ca/real-estate/29147405/154-168-w-11th-avenue-vancouver