301 West Broadway, Vancouver, BC, V5Y 3K9

Property Information:

Unique opportunity to acquire a 11,368 SF site with excellent holding income and tremendous redevelopment potential of up to 30-Storeys. The subject properties are located on the corner of West Broadway and Alberta Street, in the Mount Pleasant neighborhood of Vancouver. West Broadway is a major ease-west thoroughfare on Vancouver's West Side, and is Vancouver's main commercial corridor known for its excellent accessibility. The recently approved Broadway Plan has placed a spotlight on West Broadway given the updated plan has come with significant increases in density, allowable heights and uses. The Broadway Plan was approved on June 22, 2022 by the City of Vancouver to secure housing, increase employment opportunities, and improve public amenities. The Subject Properties' Zoning of C-3A is one of the most flexible allocations in the City of Vancouver, and has benefited greatly from the Broadway Plan which allow for an improvement of a maximum of 30 storeys of residential or offices uses. The achievable density will depend on view cone height restrictions and urban design performance.