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Monday, September 26, 2022

Cressey to nearly triple number of rentals on North Van site

Cressey Development Corp. is planning to redevelop 250 East 15th Street in North Vancouver with a new rental apartment project.

The site is currently occupied by two, aging four-storey rental buildings with a total of 101 rental units. The site is immediately adjacent to Lions Gate Hospital and three blocks east of Lonsdale Avenue.

Cressey rentals North Vancouver site
Current condition of site. Credit: Bingham + Hill Architects
Cressey rentals North Vancouver location
Project location. Credit: Bingham + Hill Architects

The redevelopment includes three buildings (12, 12 and six-storeys) with 281 rental units and a new neighbourhood park at East 16th Street and St. Andrews Avenue. The developer’s rental subsidiary, Nacel Properties, is leading the project.

The unit breakdown is as follows:

  • 32 studios
  • 147 one-bedroom
  • 79 two-bedroom
  • 19 three-bedroom
  • four townhouses
Cressey rentals North Vancouver rendering 2
Rendering of future development. Credit: Bingham + Hill Architects
Cressey rentals North Vancouver buildings
The redevelopment will consist of three buildings and a public park. Credit: Bingham + Hill Architects

The architects, Bingham + Hill Architects, describe the amenity areas:

Dynamic amenity spaces, including bridges and large indoor rooftop multi-function space with accompanying outdoor terrace are available for residents to use. These areas are emphasized in the architectural massing and materiality, heavily contributing to the overall project aesthetic. Public passageways at ground level and highly glazed areas of amenity activity create an activated streetscape for the enjoyment of residents and the public alike.

 

There will be 261 underground parking stalls. A public hearing date for the redevelopment is forthcoming.

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Peter Meiszner
Peter Meisznerhttps://www.peterforvancouver.com/
📢 I am running for Vancouver City Council with A Better City (ABC) and Ken Sim! Visit peterforvancouver.com for more information.

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