Inflation, rising interest rates create caution across Metro Vancouver’s housing market VANCOUVER, BC –…
West Vancouver council has shunted a vote on a major tower application for Marine Drive.
Council was set to vote on first reading of a rezoning that would have allowed Darwin Properties to build a 26-storey tower and four townhouses at 303 Marine Dr. – the easternmost part of West Vancouver where an Earls restaurant closed on Saturday.
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The proposal includes 133 units, 42 of which would be purpose-built rental apartments as well as 201 parking spaces and storage for 209 bicycles.
In exchange, the developer would put up just more than $7.3 million in community amenity contributions, which would be spent on things like public art and trail connections including a bridge over the Capilano River.