788 W 8th Ave, Vancouver

LA FORTUNA at 788 West 8th Avenue is a Unique HIGH DENSITY DEVELOPMENT SITE Opportunity. A 19 strata lot complex, located on the Southeast Corner of 8th & Willow Street. This prime 17,193 sq. ft. development site presents a unique opportunity just steps from Vancouver’s thriving commercial and healthcare hub at Cambie and West Broadway. It is located half block to West Broadway and 1 block to the currently under construction Oak-VGH subway station.

This site is situated in the "Uptown/Cambie North - Area A" of the Broadway Plan that supports Commercial Tower Developments i.e. stratified or rental Office,  Medical, Hotel & Retail uses. Based on comparable development applications in the neighborhood and existing height restrictions, a 15-17 storey tower with a Floor Space/Area Ratio (FSR) of 8-11 appears achievable. However, the precise achievable density will depend on factors such as view cone and helicopter flight path height restrictions, as well as urban design performance, which will be determined during the development application process.

Central Broadway is the province’s second-largest employment center, serving diverse sectors including business, healthcare, education, government, and industry. Boosted by the $2.83 billion Broadway Subway project, this property offers unparalleled positioning within a neighborhood undergoing rapid evolution.The plan strives to create key office locations and health districts in the heart of Vancouver, and facilitate a “Second Downtown”.

Contact the listing agents for more information and details on this HOT DEVELOPMENT SITE opportunity.