Years after revealing redevelopment plans, and almost ten years after the website was first offered, UK-based designer Grosvenor has actually substantially revised the plan for Mayfair West, the master-planned neighborhood set for what was formerly called the Oakridge Transit Centre in Vancouver.Mayfair West is set for a 14-acre website that consists of the previous Oakridge Transit Centre at 929 W 41st Opportunity, plus the 3 adjacent parcels at 5469, 5489, and 5507 Willow Street. BC Evaluation values the homes at$199,935,000,$ 3,251,300, $3,005,000, and $3,674,000 for a total examined value of $209,865,300. The residential or commercial properties are now held under OTC Project BT Limited.The website had actually functioned as a bus lawn because 1948 before TransLink sold the site for $440 million to Intergulf Development Corporation and Modern Green Canada (MOMC )in December 2016, in what TransLink stated was among the largest property deals in the province’s history. Intergulf later departed the project and sold its share to MOMC, before Grosvenor obtained the site in July 2022 with MOMC and Transca Real Estate Advancement as capital partners.A master strategy was approved by Vancouver City board in 2020; Grosvenor sent an advancement application for Stage One in late-2023, however has actually because sent a new and revised master plan rezoning application. The Mayfair West website and its surrounding context.(Grosvenor, Arcadis, Hariri Pontarini Architects')The previous proposition was for 17 buildings between four and 26 floors with an overall of 1,630 homes, consisting of 1,120 strata units, 180 market rental units, 45 cost effective rental units, and 330 social housing systems, as well as 24,000 sq. feet of industrial space, a two-acre park, and a 69-space childcare facility.The new proposal will consist of 16 buildings ranging from 6 to 33 storeys with a total of 2,627 units, including 1,231 strata units, 1,238 market rental units, and 158 below-market rental units, in addition to 52,975 sq. ft of commercial area, a two-acre park, and a 69-space childcare center. When it comes to the previously-planned social real estate, Grosvenor will rather move a dirt site that can accommodate 361 social real estate units to the City rather of establishing it themselves.”The initial rezoning strategy is no longer economically viable due to financial conditions that have degraded substantially since the 2020 approval and a brand-new rezoning submission is required in order to make it possible for development of the site,”stated Grosvenor in its brand-new rezoning application.”The low density of the previous rezoning along with the favorable build covenants connected with amenity delivery exacerbates the financial difficulties, rendering the original rezoning plan undeliverable.” The total site will still be subdivided into eight parcels, but a few of the parcels have been resized considering that the 2020 strategy. The general density has been increased from 2.36 FSR to 3.98 FSR. Grosvenor said the previous density was “extremely modest” and the new density “brings Mayfair West into better positioning with neighboring master-planned communities such as Oakridge Park, Cambie Gardens, and Langara Gardens.”
The tallest towers will still be located along the southern edge of the site, along W 41st Opportunity, including a 33-storey tower, 22-storey tower, and 29-storey tower, which are moderate boosts from the previous proposed heights of 26, 18, and 23 floors. Meanwhile, the eastern side of the website along Willow Street will see more considerable boosts in height, with many now doubled– including the website for Building E-2, which will be transferred to the City for social housing.
“The massing technique for Mayfair West is based upon a tower-and-podium typology, progressing from the initial mid-rise idea to much better assistance open area, sunshine gain access to, and housing shipment,” stated Grosvenor. “This massing approach ensures Mayfair West delivers density with livability, supplying family-friend systems, and supporting the shipment of rental and BMR real estate. It establishes a clear hierarchy of structures, optimizes open space, and contributes positively to the surrounding metropolitan context.”
Makings of Mayfair West. (Grosvenor, Arcadis, Hariri Pontarini Architects)
From a floor area viewpoint, the quantity of apartment area stays at around 1.01 million sq. ft, while the biggest increase is with leasing, which previously comprised 143,785 sq. ft and now comprises 1.02 million sq. ft. Although the application does not discuss it, images suggest there will likewise be some elders housing. In general, the gross floor area has actually been increased from 1.47 million sq. feet to 2.48 million sq. ft.
“The modifications broaden rental and below market real estate, reinforce the total metropolitan design structure, and boost constructability of the masterplan through modifications to website parcelization and geometry,” said Grosvenor. “These updates are essential to make sure that the job stays economically viable over what will be a multi-phase, multi-year buildout.”
Citing its company-wide net no commitment in The United States and Canada, Grosvenor says Mayfair West “integrates low-carbon structure techniques, including high-performance envelopes, amazed structure systems, and capacity for district energy connection.” The landscape design will likewise use green facilities like rain gardens, native, plantings, and pollinator corridors.The City of Vancouver released the rezoning application last month, and the Q&A duration for the application ended recently, but the application has yet to be authorized by Vancouver City board.