^{May 12, 2023} Marquee Residences @Granville Island Inc.

^{Project Overview}

Marquee Group submitted a Development Permit Application for the site 1780 Fir Street on September 30^th, 2022. This development permit application is for a six-storey rental building to be located at the northeast corner of West 2^nd Avenue and Fir Street. The building contains 5 levels of residential rental above local-serving retail and restaurant space on the ground floor and contains three levels of underground parking below.

To meet the objectives of the False Creek Official Development Plan (OCP), and the amended False Creek Area Development Plan for Area 10B within, this project includes 20% of the residential floor area towards units that are below market rates and consistent with the City of Vancouver’s Moderate-Income Rental Housing Pilot Program (MIRHPP). Overall, the project seeks to add 100 new secured market and affordable units to Vancouver’s rental supply, including 20 units dedicated for moderate income households. The project offers a variety of unit types including 5 studios, 57 one-bedroom apartments and 38 family-oriented two-bedroom units.

We anticipate the project will begin construction in early 2024 and future residents to be moving in early 2026.

Residents will be able to enjoy a quaint fitness centre, a multi-purpose room with strong emphasis on indoor/outdoor space, kid friendly playground, dedicated bicycle storage lockers, EV Charging stalls and parcel storage lockers as well as a dedicated concierge team, among others.

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