The days of many one-storey shops in Vancouver could be numbered.

A cluster of these street-level  businesses will be gone once their current location on East Hastings Street is rezoned by city hall.

An application has been filed to change the classification of the northeast corner of East Hastings and Penticton streets from the current commercial category to comprehensive development.

A six-storey mixed-use building with retail on the ground and market rental homes on the upper floors has been proposed for the site.

Currently operating from 2601 to 2609 East Hastings Street are the East Village Insurance Agency, Wheelhouse Seafoods, and a dental clinic. There used to be framing shop on that row as well.

Based on the illustrations submitted to city hall, the proposed development appears to cover a property on Penticton Street that was once the constituency office of the late long-time NPD Vancouver East MP Margaret Mitchell.

The drawings also indicate that the Penticton Street side of the development will include a pocket park and a restaurant.

The proposed development will produce 47 market rental units, mostly one-bedroom units and studios.

The application was made under the city’s market rental program, which provides incentives to developers.

One of these incentives is a waiver of development fees if the rental units will have starting rents that match rates determined by the city to be “affordable”.

These supposedly affordable rental rates for East Vancouver are: $1,496, studio; $1,730, one bedroom; $2,505, two bedrooms; and $3,365, three bedrooms.