Proposed second phase massive redevelopment for Marine Gateway
With the proposed second phase of Marine Gateway expansion, one of Metro Vancouver’s most successful transit-focused developments could grow even bigger.
A formal rezoning request has just been submitted to the City of Vancouver to redevelop the property of Don Docksteader Motors’ Volvo and Subaru car dealership immediately south of the existing ferry bridge, SkyTrain Marine Drive station and bus loop. .
Spanning five acres, this is a larger site than the existing sea walkway north of the bus loop.
There would be an even wider range of uses at Marine Gateway 2, including over 1,000 units – a mix of 680 market rental units, 170 moderate-income rental units and 203 below-market owned units.
The proposal provides for 40,000 square feet of retail and restaurant space, 280,000 square feet of office space for more than 1,800 workers and 300,000 square feet of light industrial space at the base of buildings.
The amount of new industrial space is more than six times the size of existing industrial space provided by car dealerships, addressing concerns that such redevelopment would result in loss of industrial space. Instead, it would translate into a net gain of industrial space in a region that is increasingly facing a severe shortage of industrial space.
“Marine Gateway 2 is a unique opportunity to support local and regional economic, housing, sustainability and transit priorities, while building on the success of Marine Gateway,” said Tim Grant, president of PCI Developments, in a statement.
“We look forward to working with the City and other government stakeholders to highlight this significant addition of industrial, office and retail space, as well as market and below-market rental and affordable housing, the everything directly integrated into the existing rapid transit station and bus loop.
Raymond Kwong, provincial director of HousingHub for BC Housing, a program that catalyzes affordable housing for middle-income households, says the location and mix of housing on offer would make Marine Gateway 2 a “great candidate” for housing programs. affordable rental and home ownership from the provincial government. Specifically, the developer aims to provide over 200 units under BC Housing’s Affordable Home Ownership Program.
The physical form of the project includes five towers, including four residential towers, plus an office tower at the northeast corner.
The public domain backbone of the existing maritime gateway would be extended to the south. A wide pedestrian bridge would span the bus loop as an extension of the main shopping street to Marine Gateway 2 and provide convenient access to the SkyTrain station.
Perkins & Will, the architect of the existing Marine Gateway, is back as the design company for Marine Gateway 2.
With thousands of residents and more than 1,800 office workers, Marine Gateway 2 would provide the transit hub with a significant increase in ridership.
Completed in 2015, Marine Gateway has two residential towers and an office tower. It includes 415 condominiums, 46 rental apartments, 260,000 square feet of office space and 230,000 square feet of retail space, with tenants such as Cineplex, T&T Supermarket, Winners, Steve Nash Fitness World and various restaurants. , services and small businesses. . It is estimated that the opening of Marine Gateway and its businesses added 5,000 passengers per day to the SkyTrain station.
The Marine Gateway 2 proposal is now on the table, after Vancouver City Council approved sweeping changes in July 2021 that asked city staff to accept and consider a wider range of requests that may not be consistent with existing municipal policies, but provide significant new affordable housing and economic opportunities. According to the city, it received a total of 70 inquiries about proposals deemed to be inconsistent with city policies.
In the case of Marine Gateway 2, the development site is on industrial land and the proposed uses are larger than anticipated in the Cambie Corridor Plan.
But over the past year, the city has indicated it is willing to consider more ambitious and denser transit-focused developments around the Marine Drive station, beyond what is prescribed in the plans. the Cambie corridor and the Marpole community to optimize the area’s proximity to public transport. Infrastructure.
This is evidenced by the zoning change application submitted by Intracorp Homes to redevelop the Ashley Mar Co-op at 8495 Cambie Street, immediately west of Marine Gateway, with three towers – 16, 27 and 31 floors (up to at 304 ft; 93 m) – in 649 market rental units and below the market.
Further west, the Denny’s restaurant site at 622 Southwest Marine Drive could be redeveloped by Chard Development into 28- and 32-story towers (up to 335ft; 102m) with 573 merchant and below-market rental units. .
After approval, construction of Marine Gateway 2 is expected to be completed within four years.
These three redevelopments would also serve to provide an even stronger visual urban gateway to Vancouver for visitors arriving from the Canada Line.