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Thursday, June 20, 2024

New social housing, Vancity branch planned at Victoria Drive & East 40th

HCMA Architecture + Design has designed a new Vancity branch and mixed-use residential building for the corner of Victoria Drive and East 40th Avenue.

The six-storey building will include a new branch for the credit union, which was previously on the site before temporarily relocating nearby, as well as 54 rental units. Thirty per cent of the units will be rented at BC Housing’s Housing Income Limits. 

5590 Victoria Dr. rezoning context
5590 Victoria Dr. rezoning context. Credit: HCMA Architecture + Design
Perspective- View from E. 40th Ave.
Perspective – View from E. 40th Ave. Credit: HCMA Architecture + Design
The 5590 Victoria Drive site is currently occupied by the vacated Vancity Credit Union community branch, which has temporarily moved to a site nearby
The 5590 Victoria Drive site is currently occupied by the vacated Vancity Credit Union community branch, which has temporarily moved to a site nearby. Credit: HCMA Architecture + Design

The new building will include an indoor amenity space for residents on the second floor, connected to a landscaped outdoor amenity area.

There will be 18 underground parking stalls, as well as four surface parking spaces for the credit union.

The rezoning is being considered under the Kensington-Cedar Cottage Community Vision.

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Peter Meiszner
Peter Meiszner
Peter Meiszner is an experienced journalist and media relations professional, based in Vancouver. As founder of urbanYVR.com, he has been reporting on urban development across the Lower Mainland since 2016, and has also served as vice-chair of the Gastown Historic Area Planning Committee. In October 2022, he was elected to Vancouver city council and is no longer actively reporting for urbanYVR.

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