A park ringed by condos and townhouses is the future eyed for the former Oakridge Transit Centre (OTC) in Vancouver.

City council is expected to approve a policy statement that will guide the redevelopment of the 5.6-hectare property owned by TransLink.

The site at 949 West 41^st Avenue used to dispatch buses running in Vancouver and neighbouring cities.

Most of the centre’s operations have moved to a new transit hub at the Eburne Lands east of the Arthur Laing Bridge.

A proposed Oakridge Transit Centre Policy Statement is included in council’s agenda Wednesday (December 16).

“The OTC is intended to be a predominately-residential neighbourhood with a mid-rise form of development,” according to a staff report.

Most of the residential buildings will be from six to 12 storeys. Maximum height is pegged at 15 storeys.

“Respectful transitions to surrounding neighbourhoods will be created by stepping down buildings to 3-6 storeys in transitional areas, and to 3-4 storey townhouses along existing lanes,” staff reported.

Twenty percent of the units will be for affordable housing purposes. Half of these affordable housing units will have two and three bedrooms for families with children.

“A minimum of 35% of the market units will be two- or three- bedroom units; a target of 10% of market units will be three-bedroom units,” according to the staff report.

Spaces for commercial uses like a grocery and pharmacy is part of the new development.

“New housing will be focused around a central public park that includes a childcare centre, and local-serving shops and services will be concentrated along West 41^st Avenue,” staff reported.

The park will be at least close to a hectare.