2950 Prince Edward St (DP-2025-00910) development application

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The Director of Planning approved the application on February 12, 2026, subject to conditions.  A Development Permit may be issued once all conditions have been satisfied. For more information, please see the Prior-to letter under "Application documents"


QuadReal Property Group has applied to the City of Vancouver to develop a 31-storey plus rooftop amenity level and 25 storey mixed-use building on this site, consisting of:

  • 545 secured market rental units, with 20% of the floor area secured for below-market rental units
  • Retail and child care uses at grade
  • A proposed Floor Space Ratio (FSR) of 8.5 (41,817 m² / 450,119 sq.ft.)
  • A proposed maximum building height of 101.4 m (333 ft.)
  • Four levels of underground parking accessed from Prince Edward St


Under the site’s proposed CD-1 zoning, the application is “conditional” so it may be permitted. However, it requires the decision of the Director of Planning.

QuadReal Property Group has applied to the City of Vancouver to develop a 31-storey plus rooftop amenity level and 25 storey mixed-use building on this site, consisting of:

  • 545 secured market rental units, with 20% of the floor area secured for below-market rental units
  • Retail and child care uses at grade
  • A proposed Floor Space Ratio (FSR) of 8.5 (41,817 m² / 450,119 sq.ft.)
  • A proposed maximum building height of 101.4 m (333 ft.)
  • Four levels of underground parking accessed from Prince Edward St


Under the site’s proposed CD-1 zoning, the application is “conditional” so it may be permitted. However, it requires the decision of the Director of Planning.