In a 4-3 vote, the District of North Vancouver gave first reading to a 330-unit housing proposal on the Denny’s and Travelodge site at 2050 – 2070 Marine Drive in North Vancouver.
The 2.6 acres site has four commercial lots, and is currently occupied by the Travelodge Hotel, Pho Japolo restaurant and Denny’s restaurant. The development proposes 574 square feet of commercial space and 330 residential units.
There will be three buildings: A 27-storey building containing the strata and market rental units, a 4-storey building containing non-market rental units, and a 9-storey building with strata units.
The applicant is also voluntarily proposing a locals-first program. Under this program, a minimum of 48 strata units will be offered at 5% below the list price only to residents of the District of North Vancouver and City of North Vancouver for 60 days.