Cranbrook - 1501 1st St. S

Proposal Submission Due: April 21, 2025

Housing Development Opportunity

satelite map image of site in urban area

Property Details

Municipality: City of Cranbrook
Street Address of Site: 1501 1st St. S
Posted: January 20, 2025
Submission Deadline: April 21, 2025
Land Lease Length: 60 years

The project site is located near downtown Cranbrook, with easy access to amenities, schools, BC transit hub, parks, shopping, SOOm from a major grocery store and right next door to Baker Park. A 3O­ unit mixed-use apartment building composed of studio, 1 and 2-bedroom units, and a social/ community care use, or small-scale commercial at grade is envisioned for this site. This project presents an opportunity to inject some vibrancy in the downtown by activating an underutilized piece of land and inviting more people into the space.

As the first purpose-built market rental in the downtown on City-owned land, this project has an opportunity to set the standard for future medium-density mixed-use builds in the downtown core. Existing on the parcel, there is a seniors housing development, composed of six 4-unit townhome units, known as Baker Gardens. This site is centred between them. Baker Gardens operates through a leasehold subdivision and is managed by Canadian Mental Health Association. The zoning for the site is specific to the development, allowing for the mixed-use collaborative approach to the development.

Property Opportunity Notice

Full details of the opportunity can be found in the Property Opportunity Notice. Updates to this document are tracked below.

PON Updates
Property Opportunity Notice UpdatePage NumberDate
Added: Updated Lot Area SizePage 05Feb 06, 2025
Added: Cranbrook Housing Needs Report Pages 20-37Feb 06, 2025

How to apply

  1. Review detailed property information, criteria and deadlines in the Property Opportunity Notices.  
  2. Attend an optional Property Information Session about a specific Housing Development Opportunity. Contact BC Builds info [at] bcbuildshomes.ca (info[at]bcbuildshomes[dot]ca) if you have any questions about a Property Opportunity Notice. Please do not contact landowners directly.  
  3. Review the BC Builds Rental Supply Framework.  
  4. Applicants can present their submission in the form and format of their choice, with the option of using this Capital and Operating Budget Template.
  5. Proposals must be sent to info [at] bcbuildshomes.ca (info[at]bcbuildshomes[dot]ca) on or before the due date listed in the Property Opportunity Notice.
     
Constructors discussing