Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
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Development

Intracorp planning two tower project at Cambie & Marine

James KM Cheng Architects has applied to the City of Vancouver to rezone 8018-8150 Cambie Street from C-1 and RT-1 to a Comprehensive Development District to allow a mixed-use development comprising 446 residential units, 59 rental units, 14 “choice of use” units (residential or commercial), and 10,000 sq. ft. of retail/commercial space.

The application proposes a 285-ft., 31-storey tower and a 235-ft., 24-storey tower. Both towers would be set above one-storey, two-storey, and four-storey, ground-oriented podium buildings containing live-work units and townhouses. Ground-level commercial use is located at the corner of Cambie Street and Marine Drive. The floor space ratio (FSR) proposed is 5.1 FSR for the southern portion, and 4.4 FSR for the northern portion.

Source: City of Vancouver

September 13, 2011by david.taylor@colliers.com

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David Taylor Personal Real Estate Corporation

Colliers International

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David Taylor

Senior Vice President, Colliers Canada

David Taylor is a Senior Vice President at Colliers International in Vancouver, BC, specializing in the sale of commercial real estate across Metro Vancouver. He has sold over $1.7 Billion in office buildings, retail properties, apartment buildings and development land since 2004.

Vancouver Market chronicles investment and development activity in Metro Vancouver, including sale prices, cap rates, $/SF metrics, and market context for commercial real estate transactions.

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