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

33-Unit Project Planned for Marpole

Alabaster Homes has applied to the City of Vancouver for permission to develop a 20,084 SF 4-lot land assembly at the Southwest corner of Yukon Street and West 59th Avenue. The plan for the project entitled ‘Yukon Residences’ includes:

  • four new 4-storey buildings
  • 33 3-bedroom townhome units and single-level garden home units
  • 70 parking spaces in two levels of underground parking; and
  • net floor area of 40,208 SF
  • total density of 2.0 FSR

Under the site’s existing RM-9 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The architect for the project is Formwerks Architectural.7521 Yukon

7521 Yukon_2

Front Elevation – Building 4

7521 Yukon_1

Front Elevation – Building 1

August 8, 2016by 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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