In mid-April 2022, Vancouver City Council approved the rezoning application for 2406-2484 Renfrew Street—the northeast corner of the intersection of East Broadway and Renfrew Street, next to frequent bus routes and a five-minute walk from the SkyTrain station.
The decision was unanimous, with TEAM councillor Colleen Hardwick abstaining, and Mayor Kennedy Stewart absent from the vote. The land assembly on the sloped site of six old single-family homes and a single-story office building will be redeveloped by Epta Development Corporation into 171-foot-tall (52-meter-tall) 15-story tower on the southern half of the site, and a six-story building on the northern half.
There will be a total of 180 rental homes, including 144 market units and 36 moderate income units under the city’s Moderate Income Rental Housing Pilot Program (MIRHPP). Under the MIRHPP, all residential space in the project must be secured rental housing, with at least 20 percent of the residential floor area designated for moderate income households earning between CAD$30,000 and $80,000 (US$24,013 and US$64,036) and annually.
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