With the rezoning changes, any party who wants to build a townhouse or rowhouse on affected sites can proceed directly to the development permit stage. CityofVancouver | realestate realestatenews vancouverrealestate
On Tuesday, Vancouver City Council approved the large-scale rezoning of a significant portion of the Cambie Corridor, allowing townhouses and rowhouses to be built without having to go through an often-lengthy rezoning process.
“The RM-8A/AN zones were created to address the need for new housing forms,” the City says, in a nod to missing middle housing. “Minimum family units and size requirements are specified, allowing a diversity of housing type, choice, and affordability.” Over 1,110 lots in the Cambie Corridor were identified for townhouses and rowhouses in the community plan, and the City says that after the two phases and developer-initiated rezonings, approximately 50% of those lots have now been rezoned.
The rezoned parcels also allow for an additional density bonus between 0.75 FSR and 1.20 FSR, with a cash contribution, which is also allowed for developer-initiated rezonings of sites not yet rezoned by the City.report
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