fabric is thrilled to announce that we have closed on a significant development site in East Vancouver’s Mount Pleasant neighbourhood, to develop a purpose-built rental project comprised of 211 apartments and a neighbourhood bodega!
The immediate location benefits from significant community amenities including:
• Mount Saint Joseph Hospital – ½ block
• Robson Park – 2 blocks
• Kingsway – transit + amenities – 2 blocks
• Main Street – retail + dining – 2 ½ blocks
• Fraser Street – retail + dining – 2 ½ blocks
Details of the acquisition are as follows:
• Broadway Plan Compliant – Approved in Principle
• 6 Property Assembly
• Total Land Size: 16,111 sf
• FSR: 8.0
• Rental Apartments: 211
• 20 Stories + Rooftop Amenity
Designed by Francl Architecture, plans for this project include 35% family-sized units, significant indoor and outdoor amenities as well as a ground-floor retail space, “The Bodega” (roughly 1,500 ft²), which will serve as a social and cultural anchor for residents and the community. Positioned prominently on E 16th Ave, the Bodega includes a south-facing patio integrating public art and amenities designed for community use beyond business hours to foster connection and vibrancy.
A big thanks to brokers Jake Luft and Dana Propp and Bret Schillebeeckx for helping to bring this opportunity together!
We’re very excited to continue moving forward with this development and look forward to bringing NOTBORING rental homes to this amazing neighbourhood! 🖤