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

Rental Tower Proposed for West End Church Site

The Central Presbyterian Church in partnership with Bosa Properties has applied to rezone 1155 Thurlow Street from RM-5B  to CD-1 to allow development of a 22-storey mixed-use building including market and non-market rental housing, retail space, a church and a preschool.  The proposal, which precedes the recently adopted West End Community Plan includes:

  • proposed density of 9.45 FSR
  • proposed floor area of 163,365 SF
  • the proposed height of 206.3 ft
  • 168 market rental housing units
  • 45 non-market rental housing units; and
  • 133 parking stalls

1155 Thurlow St

The application was made under the Policy on Consideration of Rezoning Applications and Heritage Revitalisations Agreement During Community Planning Processes and the Mayor’s Task Force on Housing Affordability.

Learn more here: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/1155thurlow/index.htm

January 6, 2014by 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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