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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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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Office

OPEN HOUSE: 320 Granville Street

The City of Vancouver is holding an open house for 320 Granville Street, a proposed 32-storey office building with a density of 25.5 FSR and 380,000 sq. ft.

The Open House will be a “drop-in” event where you can view the proposal. City staff and the applicant team will be available to answer your questions and receive your comments.

Community Open House
Date: Thursday, July 12, 2012
Time: 5 – 8 pm
Place: The Landing (atrium)
375 Water Street

July 3, 2012by david.taylor@colliers.com
Development

High-rise development aims to make Kingsway Avenue a residential hotspot

High-rise development aims to make Kingsway Avenue a residential hotspot.

East Vancouver’s Kingsway Avenue has long been known for its steady stream of auto dealerships, strip malls, fast-food restaurants, cut-rate motels and as a quick route to somewhere else.

That’s changing.

In what’s regarded by many as part of the area’s renaissance, a 12-storey condominium tower in the 2700-block of Kingsway is now being marketed as part of a city plan to take advantage of the Norquay neighbourhood’s central location and turn it into a more people-friendly place emphasizing higher densities, newer shops and services, wider sidewalks and other public amenities.

Skyway Towers, the first highrise development under the Norquay Village Neighbourhood Centre Plan, is a 130-unit project that includes nine commercial units to be built on the site of the old Wally’s Burgers.

It includes two buildings – the 12-storey tower and a four-storey building – with a 13-metre-wide breezeway between them.

Read more: http://www.vancouversun.com/business/commercial-real-estate/High+rise+development+aims+make+Kingsway+Avenue+residential+hotspot/6872883/story.html#ixzz1zZW6H2fR

July 3, 2012by david.taylor@colliers.com

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David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

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David Taylor Personal Real Estate Corporation

Colliers International

DT

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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