Chard Development Ltd has applied to develop a 12-storey hotel with 150 hotel rooms, a restaurant, and rental housing on Capilano Road.
The 2.51 acre site at 1634-1748 Capilano Road consists of two properties currently occupied by the Econo Lodge Inn & Suites and the Sure Stay Hotel. The hotel is proposed on the north side. Proposed on the south side is a 26-storey rental building with 382 units of purpose-built market rental housing. A portion of the hotel units will also have townhomes focused on long-term stay visitors and a 3,419 square feet restaurant is also proposed along Capilano Road.
The hotel site on north will also have 3,500 square feet of commercial space, and 139 parking spaces in two levels of underground parking. The 24-storey rental building site will have 382 purpose-build rental unit and 9,735 square feet of commercial space, with 240 parking spaces in three levels of underground parking.
The application also proposes a new Curling Road extension connecting Capilano Road to McGuire Ave, and a pocket park. Other amenities proposed on the south rental building including a bike maintenance, storage and charging area, a fitness facility, guest suites, pet wash facilities, outdoor pet space, multifunctional flex space, and an outdoor children’s play area.
The proposal for this site also includes the creation of a new road connecting Curling Road to McGuire Avenue which will divide the north and south portions of the site. The proposal would also provide a new signalized intersection at the Crossroads Road and Capilano Road for improved vehicle, cyclist and pedestrian movements and safety.
The developer had earlier proposed condos on part of the site but have since moved to 100 per cent purpose build rental housing.
In a letter outlining the proposal to council, the proponent Byron Chard writes: “We have added significant green space, including a public plaza space and two pocket parks to create a transitional zone between the Lions Gate Village centre and the lower rise residential zone to the east. We have committed to meeting or exceeding objectives to reduce greenhouse gas emissions through a fully electrified, fossil fuel free development among other sustainability measures. Our enhanced and evolved vision for this redevelopment prioritizes the housing, transportation and public benefit objectives outlined by Mayor, Council and DNV policies , without displacing a single resident.”
The proposed hotel would be the first newly built hotel in the DNV in the last 20 plus years and would directly address the key principle of economic vitality for the Lions Gate Village area plan, he adds.
“When operational, the new hotel will increase annual GDP by an estimated $10,670,000 and the annual tourism revenue on goods and services is projected to increase annual GDP by an estimated $8,760,000 for a total of $19,430,000. The economic value generated by the hotel operations translates to 386 jobs created. Further, the rental housing as part of this development will assist support and house these individuals for easy access to their employment.”