Rize Alliance Proposes 18-Storey Rental Towers Near Oakridge

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Rize Alliance Proposes 18-Storey Rental Towers Near Oakridge
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If approved, the rezoning application would bring a significant amount of rental housing to the Cambie Corridor of Vancouver, just north of the Oakridge Centre redevelopment. mintogroup | RizeProperties | realestate realestatenews housing Vancouver

have officially submitted a rezoning application that, if approved, would bring a significant amount of rental housing to the Cambie Corridor of Vancouver, just north of the Oakridge Centre redevelopment.

Rize and Minto are proposing twin 18-storey buildings housing a total of 344 market rental units, with 20% of the floor area — approximately 69 units — secured as below-market rental units. Each building would also include a four-storey podium. The proposed suite mix includes 78 studio units, 142 one-bedrooms, 94 two-bedrooms, and 30 three-bedrooms. According to the project’s application booklet, unit sizes are expected to be an average of 441 sq. ft, 561 sq. ft, 862 sq. ft, and 1,020 sq. ft, respectively.

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