A six-storey, mixed-use building is being pitched for property at 2810 and 2830 Grandview Highway near Kaslo Street.
The proposal envisions 57 rental units with 20 per cent of residential floor area devoted to moderate income households that earn between $30,000 and $80,000 annually.
Targeted rents in moderate income rental units are $950 for a studio, $1,200 for a one-bedroom, $1,600 for a two-bedroom and $2,000 for a three-bedroom.
Plans for the project include 41 underground parking spaces, including one car share, and 111 bicycle spaces.
A goal of the city’s Housing Vancouver Strategy and its Moderate Income Rental Housing Pilot Project is to see that the “right supply” of housing is built for local incomes.
The open house runs from 5:30 to 7:30 p.m. in the gym at Lord Beaconsfield elementary school at 3663 Penticton St., March 4.