POLICY REPORT BUILDING AND DEVELOPMENT Date: 15 July 1997 Dept. File No. JH CC File No. 5051 TO: Vancouver City Council FROM: Director of CityPlans for Land Use and Development SUBJECT: Eligibility for Heritage Density Bonus - 440 Cambie RECOMMENDATION THAT the "B" listed heritage building at 440 Cambie Street be eligible for a heritage density bonus. GENERAL MANAGER'S COMMENTS The General Manager of Community Services RECOMMENDS approval of the foregoing. COUNCIL POLICY The Heritage Policies and Guidelines (adopted by Council May 13 and September 23, 1986 and reaffirmed April 18, 1991) outline a procedure to be followed in applying the heritage density bonus provision as permitted in the Downtown Official Development Plan. Category "A" buildings on the Vancouver Heritage Register are automatically eligible for consideration of a density bonus for heritage preservation. Categories "B" and "C" buildings may be eligible for consideration, but must first be approved by Council. PURPOSE This report seeks Council's approval to consider a heritage density bonus for the "B" listed heritage building at 440 Cambie Street. Staff will report back at a future date with a recommended bonus amount and a method for the protection of the building. BACKGROUND The building at 440 Cambie Street, located at the north east corner of Cambie and West Pender, flanking Victory Square, has a site area of just over 1 100 m2 (12,000 sq. ft.), as shown on the following map. It has been recently purchased in a joint venture with other parties in association with the Architectural Institute of B.C. (AIBC), for the purpose of establishing a new office for the AIBC, as well as strata-titled offices. At the same time as a development application was submitted for the change of use and building alterations, the applicant initiated discussions with staff about a heritage density bonus. Normally, this would be reported to Council prior to submission of a development application. In this case, staff agreed to process the development permit separately, in order to meet the applicant's construction schedule, on the understanding that the subsequent processing of the request for bonus density would occur as quickly as possible thereafter. The building permit for the project has been issued and construction is now underway. The owner is proceeding with the project knowing the risk that the density bonus may not be approved. DISCUSSION Building Background: The building addressed as 440 Cambie Street is historically known as the Edgett Building, and was built in 1909-1910, as a grocery store. In 1916, the Vancouver Province, then located in the Carter-Cotton Building immediately to the north, built a two storey arched bridge over the lane and used the Edgett Building to house its printing presses. The building is a good example of the Edwardian commercial style and with adjacent buildings, forms a backdrop to Victory Square. MAP HERE Proposed Rehabilitation: Development Application 402046 has been issued with conditions. This permit will allow the change of use of this building from clothing manufacturing to office on the first, second and third floors, and to change basement storage space to provide 30 parking spaces. In addition to the necessary interior alterations, the permit also allows the addition of a new entrance on Cambie Street, contemporary glass canopies over ground floor windows facing Cambie and sunshade canopies over ground floor windows facing Pender Street, as well as on all windows on the second and third floors. The proposal also includes seismic upgrading of the building. The rehabilitation will also include features that promote natural heating and ventilation. Victory Square Plan: This project meets an important goal of the draft Victory Square Plan, which is the retention of heritage buildings. Council's interim policy for Victory Square limits the density to 3.0 FSR. The emerging final version of the draft plan recommends that the base density for this site should be 3.0 FSR, with bonuses available for social housing and heritage retention. The FSR of the subject building, as per the recently approved Development Permit is 3.99. (Existing approximately 4.33 FSR.) The rehabilitation of this building, and its use by the AIBC are considered to be helpful in achieving the revitalization of the Victory Square area. Transfer of Density: Council will consider today a companion report recommending that heritage density bonuses could be achieved either through a rezoning (as initially provided), or through a Heritage Revitalization Agreement (HRA), as is now possible through recent Charter changes. Should Council decide that the Edgett Building is eligible for a heritage density bonus, the applicant will be asked to enter into negotiations to establish the amount of bonus, secure the protection of the building, and enter into an HRA with the City. Council would receive a subsequent report and the opportunity, at Public Hearing, to decide on specifics of the building's protection, bonus amount and HRA. The bonus density would be held on site in a Development Limitation Covenant, until such time as it is used elsewhere. Vancouver Heritage Commission: At its meeting on May 5th, 1997 the majority of members eligible to vote agreed to recommend that 440 Cambie be eligible for a heritage density bonus. CONCLUSION Staff believe that the Edgett Building is an important heritage building and that its rehabilitation will significantly assist not only the urban quality around Victory Square Park, but assist with revitalization efforts in the general area. It is therefore recommended that it be considered eligible for consideration of a heritage density bonus, in exchange for the rehabilitation and preservation of the building. * * * * *