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.
  • About
  • Listings & Sales
  • Metro Vancouver Commercial Real Estate Market Data
  • Subscribe
Development

Lynn Valley Gets New Tower Plan

The controversial redevelopment of the Lynn Valley Centre is back with a fresh face, ready for a new round of public vetting.

Under Bosa Development Corporation’s new plan, presented at an informal meeting at the mall on Thursday night, the developer is looking to build 379 new condo units in seven buildings, including two 12-storey towers with ground level commercial storefronts, an eight-storey tower and a series of four-to six-storey lowrises.

Bosa’s previous proposal envisioned 14-and 22-storey residential towers along with two six-storey buildings, bringing 439 units of housing.

“I heard loud and clear what people wanted was a mountain village and a mountain village is what I’m trying to deliver,” said Mark Sager, Bosa’s point man for the project and former West Vancouver mayor. “It is not finished. This is not a formal public information meeting. This is not part of the formal process at all. It is simply: ‘Here’s where I’m at. Here are my thoughts. What do you think so far?'” Many aspects of the plan are preliminary and liable to change at council’s discretion, Sager said. But with the Bosa towers being shorter than the nearby Kiwanis Lynn Manor and the proposal coming well under the density allowed in the official community plan, he feels they are on the right track.

Read more at: http://www.nsnews.com/news/lynn-valley-gets-new-tower-plan-1.623213#sthash.9hA5vnay.dpuf

September 16, 2013by david.taylor@colliers.com

Search the Site

Categories

  • Apartment
  • Condo
  • Development
  • For Sale
  • Hotel
  • Investment
  • Land
  • Market Research
  • Office
  • Rental
  • Retail
  • SOLD


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.

© 2019 Copyright  |  All Rights Reserved