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

Four Futures for Ridgeway Annex

North Shore Outlook – Four futures for Ridgeway Annex.

Nearly 100 North Vancouver residents and seven school board trustees gathered in the gymnasium of the once vibrant, now vacant, Ridgeway Annex school Tuesday to hear four possible futures for the former school property now up for grabs.

The lease and purchase proposals were made by representatives from three interested property development companies (Anthem, Darwin Construction and Atti Group)  and one local childcare business.

But when all the cards were down, Ridgeway’s four possible futures could be grouped into just two options. One, the building is saved and renovated for use as daytime daycare and nighttime community centre. Or two, it’s bulldozed and new housing is built atop the Ridgeway property at 450 East Fifth St.

Read more: http://www.northshoreoutlook.com/news/180377141.html

 

November 22, 2012by david.taylor@colliers.com

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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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