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

Revised Port Moody Application Heading Back to Council

Aragon Properties is heading back to City of Port Moody council with a revised rezoning application for their site at 2713-2725 Clarke Street.

Aragon had submitted a rezoning application back in April 2016 for a 6-storey condo building per the guidelines in the OCP; however, several residents in Aragon’s previous project “The Station” spoke in opposition of the rezoning due to view loss. City council voted in favour of the residents and against the previously approved OCP by defeating the application at third reading. (all but the Mayor and one councilor voted in favour).

The application being brought back is still a 6-storey building with only a minor 2.5 ft. reduction in height.

If Council approves the required bylaw amendments, the project will go back to public hearing on October 11, 2016.

2713-clarke_1 2713-clarke

September 12, 2016by david.taylor@colliers.com
Development

31-Unit Townhouse Project Planned for Coquitlam

Mosaic Homes is planning a 31-unit townhouse project in the Partington Creek Neighbourhood of Northeast Coquitlam. The 2.2 acre site is located at 3539-3547 Victoria Drive at the corner of Rocklin Street, on the border with Port Coquitlam. The proposed rezoning to RT-2 Townhouse Residential includes:

  • 31 townhouse units in 2-3 storey buidlings
  • 3 and 4 bedroom units
  • Common amenity space
  • 55 parking spaces

3539-victoria_1 3539-victoria

 

September 12, 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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