From Almaval Condos:

Alma comes from the Spanish meaning “kind” and Val is derived from the word valley meaning settlement or “community”.

Streamline Properties Inc. has acquired the site for a development in Point Grey, Vancouver. The property is 23,234 square feet level rectangular lot located at the north-west corner of West Broadway and Alma Streets in the Point Grey area of Vancouver. The site presently consists of a neighbourhood shopping plaza, but is underdeveloped as a C-2 (Commercial) property. This future building is exactly in line with the City’s Official Community Plan for the area, and falls into line with Vancouver’s eco-density development strategy. The ALMAVAL development presents an excellent opportunity to place a unique quality multi-family development ideally situated in the heart of Point Grey, Kitsilano, Jericho and Dunbar communities.

Environmental Stage l and Stage ll investigation reports have been recently completed, confirming the site is ready for development. The design work is underway in anticipation of submission of a development permit application.