5 West 2nd Avenue, Vancouver

Mixed-Use Secured Rental with 20% Below Market

Budget: TBD

Client: Point Grey Developments

Description: Located at the gateway to Olympic Village to the north and the slopes of Mount Pleasant to its south, this proposed development will provide 122 units of secured rental housing, with 20% of the residential floor area dedicated to those with moderate incomes. This 20% dedication of income-tied units will provide a much-needed category of housing in this neighbourhood, with some of the best transit accessibility, walkability, and cycling routes in the Lower Mainland.

Applied under the City’s new Below-Market Rental Housing Policy, this design breaks the standard mould of apartment buildings that we come to expect in Olympic Village and harkens back to the industrial warehouse legacy of early 20th century False Creek.

Images courtesy of MA+HG Architects.