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

Foes, Supporters Out in Force for White Rock Development

Peace Arch News – Foes, supporters out in force for White Rock development.

Residents for and against a 12-storey project proposed for Vidal Street packed White Rock city hall to overflowing Monday.

Of the nearly two dozen who spoke, more than half – including a number who currently call the site home and the project’s architects – voiced support, describing the concrete residential complex as an attractive, responsible one that will help revitalize the city.

“This is the kind of project that will put White Rock on the map,” said Judy Tallas. “This building will be the prototype for future projects… a project that will set a precedent for White Rock’s growth.”

Opponents argued its height and density are inappropriate for the neighbourhood, and cited impacts to views, property values and a lack of infrastructure.

Read more: http://www.peacearchnews.com/news/205684661.html

May 2, 2013by 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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