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

Latest Marpole Proposal Features 38-Units

Bold Properties has submitted their rezoning application for a five-lot assembly on Oak Street between West 67th Avenue and West 70th Avenue. The assembly at 8378-8432 Oak Street is a total of 18,924 SF, and the proposal is for a 6-storey residential building that includes:

  • 38 units;
  • 30 two-bedrooms and 8 three-bedrooms;
  • a total density of 2.49 FSR;
  • a building height of 73 ft.; and
  • 52 vehicle parking spaces and 48 bicycle parking spaces.

8378 oak_28378 Oak_1 8378 OakThe application is being considered under the Marpole Community Plan. The full application can be viewed here: http://rezoning.vancouver.ca/applications/8378-8432oakst/index.htm

The architect for the project is Gateway Architecture.

 

May 30, 2017by david.taylor@colliers.com
Development

Rezoning of Turner’s Dairy Property Includes 13 Units

The City of Vancouver has received a rezoning application for the Turner’s Dairy property, a commercial/industrial building built in 1913 and located at the southwest corner of Ontario Street and West 17th Avenue in Vancouver. The RS-7 zoned site is 11,812 SF.

The building was bought in 1978 by the Hemani family and converted to a manufacturing space for the family business: leather goods, and has operated there since that time.

The rezoning proposal is for the adaptive reuse of the existing 3-storey building, including:

  • heritage restoration and designation;
  • a total of 13 market residential units in stacked/courtyard rowhouse form;
  • a total density of 1.82 FSR;
  • a building height of 35 ft.;
  • 20 vehicle parking spaces; and
  • 18 bicycle spaces.
6 West 17th_2

Existing Building

6 West 17th_1 6 West 17thThe rezoning is being made under the City’s Heritage Policies and Guidelines, including the Heritage Action Plan

The architect for the project is ASIR Studio.

The full rezoning application can be viewed here: http://rezoning.vancouver.ca/applications/6w17thave/index.htm

May 30, 2017by david.taylor@colliers.com
Development

FOR SALE: 5-Lot Land Assembly on West King Edward

A 5th lot has been added to this land assembly that we launched last week. The total site area is now 39,195 SF, and is located in the Cambie Corridor Phase 3 area with a townhouse designation.

The lots will be pre-zoned by the City of Vancouver once the Phase 3 Plan has been adopted by City of Vancouver Council in late 2017/early 2018.

56-96 W King EdContact us for further details on the offer process.

May 30, 2017by 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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16 Apr

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

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gravitasmsn MN @gravitasmsn ·
16 Apr

First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while

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16 Apr

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

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9 Apr

Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor

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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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