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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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

Courtyard Townhouse Project Planned for Marpole

An application for a unique 3-storey courtyard townhouse project has been made for a site at West 64th Avenue near Columbia Street in Marpole. The site is an assembly of two large and deep single family lots that were assembled in 2014. Recently rezoned to RM-9 under the Marpole Community Plan, the site is allowed to go to 4-storeys, though the applicant is proposing 24 3-storey townhouses with a courtyard and common underground parking.

The architect, Bryce Rositch of Rositch Hemphill Architects summarizes the application by saying: “We believe that this development, its smaller scale of buildings, ground orientation, predominant three storey height, the use of good materials including generous amounts of brick, outdoor patios on both sides of each townhouse plus additional balcony spaces at upper levels will be a model for future development in this area.”

344 West 64th 344 West 64th_1 344 West 64th_2

June 30, 2015by david.taylor@colliers.com

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David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

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First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion

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West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave

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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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