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

Petition Raises Concerns over Future of Brickhouse

An online petition to save the Brickhouse building at 730 Main St. in Chinatown has emerged even though a rezoning application referencing the site has yet to be filed with the City of Vancouver. The petition raises concerns about the building’s future because the property is part of a possible application to redevelop properties from 728 to 796 Main Street.

The petition, which links to a recent Vancouver Sun article by John Mackie (“The heritage battle for Chinatown”), states: “Don’t let new condos flatten the Brickhouse.”…

…Bonnis Development owns the Brickhouse property, as well as vacant land beside it.

The building at 796 Main St. — Creekside Student Residence — is designated under the City of Vancouver’s single-room-accommodation bylaw and contains 22 designated SRA units. That site includes another small building at 207 Union Street — the Jimi Hendrix Shrine building.

“We have an agreement with the current owner, but we do not own [the property] as of today,” Kerry Bonnis, principle of Bonnis Development, told the Courier.

Read more: http://www.vancourier.com/news/petition-raises-concerns-over-future-of-brickhouse-1.1624454

December 1, 2014by david.taylor@colliers.com
Development, Office

Construction Update: 745 Thurlow St.

Photo by 604City, Flickr

December 1, 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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