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

Tower Planned for West Van Site

Cressey is proposing to build a 15-storey market residential tower on the site at 2290 Marine Drive that they acquired in 2014. When it was placed on the market in 2013, it was highly coveted as one of only a few potential tower sites with existing zoning. No information is available on pricing yet, but these will certainly fall into the “luxury” category.

Details include:

  • 35 units averaging 2,940 SF per unit
  • 102,900 SF (1.75 FAR)
  • 89 underground parking stalls
  • 2 to 3 units per floor

2290 Marine 2290 Marine_2 2290 Marine_3 2290 Marine_4

January 23, 2015by david.taylor@colliers.com

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David Taylor Personal Real Estate Corporation

Colliers International

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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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