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

35-Storey Tower Proposed for Brentwood Area

Another week, another highrise proposal for Brentwood. This one is from Polygon Homes for an 81,414 SF site at the foot of Madison Avenue. The rezoning application is based on the RM4s designation under the City of Burnaby’s Brentwood Town Centre Plan, with a total density of 3.6 FAR, or 280 units.

Interestingly, due to high groundwater and challenging geotechnical buildings, the parking is above-grade and is proposed to be located behind street-oriented residential units.

2338 Madison2338 Madison_2

September 29, 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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