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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Apartment, Development

Rehabilitation Planned for Boulder Hotel, 9 West Cordova

A development application has been filed for 9 West Cordova (at the corner of Cordova and Carrall Street in Gastown, formerly home to Boneta) to rehabilitate the heritage building by converting 22 vacant SRA units into 8 self-contained residential market rental units that could also include office and artist studio uses on the 2nd and 3rd floors. The conversion of SRA units and heritage revitalization agreement was previously approved in 2008 after the plan was originally proposed in a slightly different form in 2007.  This time it appears that the owner, King Tiger Investments, is planning to proceed.

9 West Cordova” [The Boulder Hotel]…started life as a 2-storey building in 1890, and later grew another at some point before 1910…. It was designed by the Fripp Brothers (Robert and Charles) for American tunnel builder turned real estate mogul A G Ferguson.” – Changing Vancouver

July 16, 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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