District of North Vancouver staff is seeking council direction on a rezoning application by Seylynn North Shore Development to redevelop 24 existing lots for a mixed-use development with up to 412 residential units.
The development site at 1505-1571 Fern Street, 520-540 Mountain Highway, and 1514-1568 Hunter Street, is approximately 3.2 acres in size.
The project called Seylynn Gardens includes 206 market rental units, 42 non-market rental units, 164 strata units.
The development will consist of one eight-storey rental building, one 19-storey mixed-use building, one seven-storey condo and another eight-storey condo building.
Under the Zoning Bylaw, the project would require a minimum of 672 parking stalls for residential purposes, 103 parking stalls for visitors, and 28 parking stalls for commercial purposes for a total of 803 stalls.
The application, however, proposes 416 parking stalls for residential purposes, 42 stalls for visitors, and an additional 28 stalls for commercial purposes for a total of 486 stalls.
This is more than what the District of North Vancouver asks for as the district’s policies allow reduced parking in town centres.
“It is anticipated that some component of the commercial parking spaces would be designated for shared use to allow use by residential visitors during times of low demand from commercial patrons,” according to the staff report.
The development also proposes non-market units that are as follows: 24 one-bedroom units, 15 two-bedroom units, and 3 three-bedroom units.
The applicant is targeting rents for the non-market units that match the Metro Vancouver median rents as published in the CMHC Rental Market Survey, according to a staff report to the council.
The developer is proposing 824 bike parking spaces, which exceeds the requirement in the District’s Zoning Bylaw.
“In conjunction with the cycling infrastructure improvements proposed, the bicycle parking in the project should help to reduce reliance on private vehicle use for residents and visitors to the project,” the staff report says.
The development also includes dedication and construction of a new north and south public lane through the site to connect Hunter Street to Fern Street, as well as the dedication and construction of a portion of Lynn Creek Town Centre’s “green spine” linear park at the east side of the development.
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