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.
Development

15-Unit Townhouse Project Planned for Marpole

A development application has been filed for a new townhouse project in Marpole; one of nearly a dozen that have been brought forward in the new RM-8 zone created in the Marpole Community Plan in 2014. The proposal in question is by Alabaster Homes for a 22,027 SF site at 8107-8123 Shaughnessy Street (one block East of Oak). The site comprises an assembly of four existing single family lots. The proposal includes:

  • 15 courtyard townhouse units (1,426 – 1,712 SF)
  • 3 & 4-bedroom units
  • three 2.5 storey buildings
  • 28 ft. courtyard
  • one level of underground parking
8107 Shaughnessy_1

Existing 4-single family houses

8107 Shaughnessy 8107 Shaughnessy_2The architect for the project is Formwerks Architectural.

Alabaster has other townhouse projects in the works in Marpole, including Osler Residences (currently in pre-sales) and Oak & Park.

January 7, 2016by david.taylor@colliers.com

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