A major new residential condo project is being proposed for North Vancouver’s Lynn Creek neighbourhood.
Intergulf Development’s project before the District of North Vancouver includes 326 units in 16- and 27-storey towers as well as townhouses and a new community centre for the Lynn Creek neighbourhood on a 2.1-acre industrial site on Hunter Street and Mountain Highway.
If approved, the 27-storey tower will be the third tallest on the North Shore, behind nearby Seylynn Village’s 32- and 28-storey towers.
Of the 326 units, 61 per cent will have two bedrooms. Just under a third will be one-bedroom suites. Thirteen units will have three bedrooms, four will be studio apartments. The project would include 438 parking spaces and 505 bicycle storage stalls.
The district would receive $8.3 million in community amenity contributions in exchange for the rezoning, but taxpayers would have to put up $2.5 million to complete the exterior of the new Lynn Creek Community Centre. Another $4.5 million will be needed to outfit the centre’s interior. Under the agreement, the developer must finish the community centre before receiving building permits for the residential buildings.
Council voted 5-1 to give the project first reading Monday night, which will trigger a yet-to-be-scheduled public hearing.
Coun. Lisa Muri said she could not support advancing the proposal and accepting public comment, largely on the grounds that it would further erode light industrial space and jobs. The official community plan council was using as a guide was completed before council was aware there would be mass displacement of light industrial tenants south of Main Street as Lynnterm expanded and the G3 grain terminal was built on the waterfront.
Approving the project would result in the eviction of 13 businesses (employing 30 full-time staff) from Hunter Street. Only 10 of those employees are North Shore residents, a district staff report notes.
