PCI Developments has received approval to construct twin 6-storey rental buildings at 3609-3687 Arbutus Street on the Arbutus Greenway. This project adheres to the City’s family housing requirements and is comprised of market and moderate income rental homes. Notably such moderate income rental housing could be suitable for community members like nurses, teachers, firefighters, police officers, grocery store clerks and more.
The site is bordered by Arbutus Street to the east, 20th Avenue to the north and 21st Avenue to the south. The project will increase secured housing supply with the creation of 116 new homes.
The project will benefit the community through the creation of 116 secured, high quality rental housing units with emphasis on family housing with over 35% (46 homes) two & three bedroom homes. Key benefits include:
Increased rental housing stock
The proposal offers more housing choices, with 116 new secured purpose built rental homes of varying affordability levels (market and moderate income homes).
Moderate Income Housing
20% of the residential floor area will be made available at below-market rents to households earning between $30,000 and $80,000 annually. Beneficiaries of this program include health care providers, teachers, firefighters, etc.
The property is located steps from the Arbutus Greenway and is well serviced by transit, including the future Broadway Transit Line. The site is located less than 100 meters from two bus stops that are serviced by the #16 bus route.
Family oriented housing
The proposal will include more options for families with over 35% 2 and 3 bedroom homes.
Resident COURTYARD & ROOFTOP amenity spaceS
The buildings will be connected by a landscaped residents courtyard. Each building will feature an outdoor rooftop amenity area.
The building design has been carefully articulated to maximize existing tree retention and to build around existing trees wherever possible.
Enhanced public realm
The landscape will be enhanced with the addition of new trees and landscape buffering. We welcome input from the community on the plan and any tree species they’d like to see added.
The project will meet or exceed the City’s sustainability targets under the Green Building Policy for Rezoning.
PCI Developments, in collaboration with BHA Architecture, have received approval from the City of Vancouver, under the Affordable Housing Choices Interim Rezoning Policy (2012, amended 2018), to construct purpose built rental buildings at 3609 – 3687 Arbutus Street, in an effort to support the City of Vancouver’s housing goals.
The project site is located on 33,000 square feet of land in Arbutus Ridge, currently hosting five single family residences that PCI has purchased.
The project includes 116 new homes (apartment and townhouse form) housed in twin, 6-story buildings with a central courtyard for residents. The proposal offers both market (92 suites) and moderate income rental homes (24 suites), over 35% of which will be designed as family-oriented homes (2-3 bedroom apartments and townhouses).
The official rezoning application page from the City of Vancouver can be found here.
The following is a detailed outline of the proposal:
|Site Area||33,000 sqft. (0.76 acres)|
|Residential Breakdown||Total Units||Moderate Income Rental Homes||Market Homes|
|Total Homes||116 (100%)||24 homes||92 homes|
|3-Bedroom Apartments||14 homes (12%)||2 homes||12 homes|
|2-Bedroom Apartments||32 homes (28%)||7 homes||25 homes|
|1-Bedroom Apartments||66 homes (57%)||13 homes||53 homes|
|Studio Apartments||4 homes (3%)||2 homes||2 homes|
|Parking Breakdown||Total Spaces|
|Vehicle Parking||74 spaces|
|Bicycle Parking||227 spaces|
The Moderate Income Rental is based on provisions of City of Vancouver’s Moderate Income Rental Housing Pilot Program (MIRHPP)
FSR: Floor Space Ratio. Often called “density”, FSR is the number obtained by dividing the floor area of a building by its site area.
There is a strong demand for rental housing across the City of Vancouver, as evidenced by the 1% vacancy rate in Vancouver and the 1.1% vacancy rate of the Westside/Kerrisdale neighbourhoods (Source: 2019 CMHC Rental Market Report for Metro Vancouver). In Arbutus Ridge, only approximately 20% of housing is secured as rental (Source: CMHC Housing Vancouver Strategy Annual Progress Report and Data Book 2018).
The proposal responds to the City of Vancouver’s housing goals to: “create 20,000 new market rental units by 2027” and the goal that “50% of new homes will serve households earning less than $80,000” Source: City of Vancouver
This application has been approved under the Affordable Housing Choices Interim Rezoning Policy (2012, amended 2018) and supports the objectives of the Moderate Income Rental Housing Rental Housing Pilot Program (2017). The City of Vancouver defines moderate income as households earning between $30,000 and $80,000 annually. Beneficiaries of this program include health care providers, teachers, firefighters, police officers, grocery store clerks and more. Click here to learn more about these policies.
- RS-1: One Family Dwelling
- FSR*: 0.35 FSR
- CD-1: Comprehensive Development
- FSR: 2.53 FSR
*FSR is the ratio of a building’s total floor area to the area of land upon which it is built.
Frequently Asked Questions
PCI Developments is a locally owned and operated real estate developer and investor, who have been building in Vancouver since 1982. Please see our website at www.pci-group.com for our past projects including notable west side Vancouver developments such as Crossroads at West Broadway & Cambie Street and the Bel Air at West 12th Avenue and Yew Street.
BHA Architecture was formed in 1991 and has developed expertise in a variety of construction forms and municipal processes. The firm has executed public and private sector projects across Western Canada and has developed a track record of producing imaginative and functional design solutions.
With an emphasis on sustainability, Bunt provides multi-modal solutions to urban transportation challenges. Bunt is represented by a team of planners, engineers, technologists and professional staff in Vancouver, Victoria, Calgary and Edmonton.