Two Rental Towers Proposed for Vancouver’s West Side
Sightline Properties has filed an application to develop two rental housing towers on Vancouver’s west side.
The proposal calls for a 20-storey tower and 19-storey mixed-use building to be built on the corner of West 11th Avenue and Pine Street. The site is a consolidation of five residential properties.
The two towers will sit atop a four-storey podium.
Pending approval and any design changes, the development will contain 283 secured rental units with 20% rented at below market rates. The development is slated to include commercial space on the ground floor.
Vancouver-based Sightline focuses on developing rental housing units and townhomes in the Metro Vancouver area. Ciccozzi Architecture, also based in Vancuver, is designing the project.
Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate.
Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s.
In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star.
Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.