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

BlueSky’s Chinatown Project Revised

BlueSky Properties‘ project at 633 Main Street has been revised slightly. The proposal is now calling for more residential units (now 188) while reducing the project’s overall density from 9.29 to 8.86 FSR. The site is zoned HA-1A and was sold to BlueSky by Colliers in 2011.

We first told you about this project in May 2012.

633 Main St

Revised Project Rendering

Source: City of Vancouver

January 4, 2013by david.taylor@colliers.com
Development

6-storey Building Proposed for Victoria Drive

5658 Victoria DriveBhandal Homes has submitted a revised application to the City of Vancouver to rezone 5658 Victoria Drive from C-2 to CD-1. The proposal is for a 6-storey, mixed-use building with commercial retail space at ground level and 28 residential rental suites on upper floors. The proposal includes a density of 3.65 FSR, a height of 62 ft., a total floor area of 30,221 sq. ft., and 22 parking spaces.

January 4, 2013by 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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