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

Burnaby’s Mountain Shadow Pub to be Redeveloped

The days are numbered for a popular hangout for Simon Fraser University students after Burnaby council gave the go-ahead for a redevelopment proposal.

14441burnaby140730-MtnShadowPubCouncil gave approval in principle to a rezoning application for the property at 7174 Barnet Rd., at Pandora Street, currently home of the Mountain Shadow Pub.

The proposal is for a three-storey, mixed-use project with a small commercial space on the ground floor, 21 stacked townhouse units and underground parking, with vehicle access from Barnet Road.

Four speakers appeared at the June 24 public hearing and city hall received five letters about the proposal, said a city staff report. They raised issues including traffic, the closure of the pub, privacy, existing trees on the site, and vehicle and fire access.

Read more: http://www.burnabynewsleader.com/news/269083941.html

July 31, 2014by david.taylor@colliers.com
Development

Market Spotlight: 150 East Cordova

By ChangingCity

In Gastown 2014Here’s another development proposal for a narrow site in the Downtown Eastside. Christopher Bozyk Architects has designed this 9-storey 60 unit project for a fifty feet wide lot next door to Stan Douglas’s artists studio (that was built about five years ago). We first featured it 18 months ago when details of the design were first released.

Our revised render shows the version now illustrated on the sales website, and there are signs on site that construction might commence soon. The project has two floors of commercial space and a shared landscaped rooftop garden, and the developer is Port Capital Group who are building the interestingly designed 2211 Cambie project now called South Creek Landing.

…read more

Source: Changing City

July 31, 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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