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

Beach Towers Proposal Approved, 633 Main Street to Council Tomorrow

After numerous nights of discussion, Vancouver City Council approved the Beach Towers proposal (view it HERE) this morning.  The project will add 133 units and nearly 100,000 square feet of density to the property. 

 Beach Towers

Council will get back at it on Wednesday night when a proposal for 633 Main Street by Blue Sky Properties (view it HERE) is contemplated.  The proposal is for 188 units over 16 storeys with retail at grade. 

 

February 26, 2013by david.taylor@colliers.com
Development

Intracorp Brings River Park Place to Richmond

Richmond Review – Intracorp brings River Park Place to Richmond.

Located in the heart of Richmond’s Oval Village neighbourhood, River Park Place will be part of a master-planned community that is pedestrian-friendly and just minutes away from everything that Richmond has to offer. Whether it’s a walk on the dyke that winds all the way to Steveston or some evening entertainment at the River Rock Casino, nothing is out of reach.

River Park PlaceThe Richmond Oval Village is expected to become a new lifestyle hub, with restaurants, shops and leisure activities, and Intracorp is getting in at the start of it. A new T&T Supermarket, scheduled to open in late 2013, will add to the convenience. Grocery shopping will literally be walking distance away from your home at River Park Place.

The first phase of River Park Place is expected to go on sale in spring 2013, and will feature a 15-storey tower with one-, two- and three-bedroom homes. The floorplans are efficient and modern, with huge windows to take in your river and mountain views and gorgeous interior finishings.

Read more: http://www.richmondreview.com/business/191881571.html

February 26, 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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