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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Apartment, Investment, Retail

For Sale: East Vancouver Investment Opportunity

We are pleased to introduce this Kingsway apartment/retail building. Please contact us for further details.

1574-kingsway

 

1574 Kingsway Brochure

September 23, 2016by david.taylor@colliers.com
Development

Redevelopment of Empire Landmark Hotel Includes 280 Units

Asia Standard has filed their development application for the 357-room Empire Landmark Hotel Site on Robson Street. The C-6 zoned site is currently improved with a 41-storey hotel and the redevelopment potential arose out of the new guidelines in the West End Community Plan which was adopted in 2014.

Redevelopment plans for the 40,920 SF site include:

  • Two towers, one 28-storeys and 30 storeys
  • 280 residential units (57 social housing units /223 market units);
  • retail use on the ground floor and office use on the second and third floors;
  • 393,850 SF of floor area;
  • total density of 9.63 FSR
  • building height of 300 ft.; and
  • four levels of underground parking accessed from the lane.

The social housing is located in the podium of the building.

1488-robson_1 1488-robsonInterestingly, the existing hotel is 394 feet; taller than the proposed tower replacements, albeit at lower density.

September 23, 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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