The Uptown Apartments developer is proposing a 46-unit apartment building six blocks north near Uptown Village.
They hope to break ground late this year or early next year on The Broadway, as it’s been dubbed, to be built at 2409 and 2417 Broadway.
The project on a half-block would include two buildings with some of the units as street-level walkups, a central courtyard and ground-floor retail, according to documents filed with the city of Vancouver.
LSW Architects will design The Broadway, said Randy Printz, one of the participants in Cascadia Development Partners, which built and opened The Uptown in early 2018. That $45 million, six-story project at 1700 Main St. has units that rent for $1,515 to about $2,600, ranging in size from studios to two-bedroom units.
The Broadway’s design is in its early stages, Printz said. Plans submitted to the city do not include potential rental rates, but say the average unit would be 721 square feet with units ranging from studios to two bedrooms.
While city building rules call for a parking space per unit, the pre-application says the city offers a provision that for every five bicycle parking spaces provided, the minimum vehicle parking spaces may be reduced by one space. The Broadway calls for 39 vehicle parking spaces — seven fewer than total units — and 24 bicycle spaces.
BC Investment Properties, LLC, owns the sixth-tenths of an acre site, bounded by Broadway, 25th Street, 24th Street and an alley. Nearby neighbors would include the Walgreens at 2521 Main St.
John Bauman owns BC Investment Properties, LLC, of Vancouver, according to Washington Secretary of State and Clark County records. The property last sold in December 2014 for $637,975 and had taxable value of $440,100 in 2018, county records show.
The site, in the Arnada neighborhood, now has a 7,500-square-foot, single-level office building.
Documents submitted to the city tout The Broadway’s compatibility with the Vancouver City Center Vision Subarea plan.
“The architecture and uses of the proposed project complement and support the eclectic neighboring uses that make up the Arnada neighborhood,” says pre-application materials filed with the city. “The design of The Broadway furthers the VCCV goals by promoting residential development as key to a vital and attractive city center; and by creating a ‘messy vitality’ with a dynamic and rich mix of residential, cultural, civic, retail and entertainment places that will attract growth, jobs and round-the-clock activity in the VCCV area.”
