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 Mall Towers Headed to Public Hearing

The re-development of the Lynn Valley mall – which initially seemed fated for a long and contentious debate – barely made a ripple on its way through first reading at a District of North Vancouver council meeting Monday evening.

If the project is successful, the Zellers building at Lynn Valley Mall will be demolished to make room for six towers between four and 12 storeys.

The 4.8 acre development proposal includes 377 apartments and 22 townhouses. The height of the buildings ranges from 55 to 150 feet. Four of the towers will sit on a one-storey commercial component that will add 50,000 square feet of new commercial space to the neighbourhood.

Besides the Zellers, the project would also swallow up the former District of North Vancouver library.

A non-profit society will likely end up operating six units of affordable housing in the project.

Read more: http://www.northshoreoutlook.com/news/lynn-valley-mall-towers-headed-to-public-hearing-1.921511

March 26, 2014by 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