Pennyfarthing Development Corp. has made an application to rezone an assembled site at 357-391 West King Edward Avenue (one block East of Cambie) from RS-1 to CD-1 District. The proposal is for a residential development consisting of one 4-storey building and 2-storey townhouses along the lane.
The proposal includes:
The 22,956 SF site was assembled last year for a total of $6,985,000, representing $162 per buildable SF.
Learn more: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/357-391wkingedward/index.htm
Another application for a rental apartment project has been submitted under the Rental 100 incentive program; this time in South Vancouver. The application is to rezone 7350 Fraser Street from RT-2 to CD-1 to allow a 6-storey rental building that includes:
Learn more here: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/7350fraser/index.htm
First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion
First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while
West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave
Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor
