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.
  • Home
  • Listings & Sales
  • About
  • Subscribe
  • Metro Vancouver Commercial Real Estate Market Data
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.
Home
Listings & Sales
About
Subscribe
Metro Vancouver Commercial Real Estate Market Data
  • Home
  • Listings & Sales
  • About
  • Subscribe
  • Metro Vancouver Commercial Real Estate Market Data
Development

Beedie Planning 356 Units for Austin Heights Safeway Site

Beedie Living has submitted a rezoning and development permit application to the City of Coquitlam for the Safeway site at 1029-1033 Austin Avenue. The application seeks to permit the development of two residential towers integrated with the Safeway store currently under construction.

The 2.27 acre site is currently partly under development for a new Safeway store with a scheduled opening of Summer 2019. The recently approved Austin Heights Neighbourhood Plan allows redevelopment of the site. The concept is for two towers to flank the new Safeway store, built in two phases.

The proposal calls for:

  • Two residential highrises of 26 and 27-storeys in height;
  • 356 total condo units;
  • 167 one-bedrooms, 153 two-bedrooms, 32 three-bedrooms and 4 four-bedrooms;
  • 10 units of non-market housing;
  • a total density of 3.97 FAR;
  • 741 underground parking spaces (including currently contemplated Safeway spaces).
  • A density bonus funds payment of $5,180,000.

The architect for the project is Chris Dikeakos Architects.

June 15, 2018by david.taylor@colliers.com
Apartment, Development

Condos and Rentals Proposed for Burquitlam Site

Amacon has submitted rezoning and development permit application for a 1.60 acre site in the rapidly developing Burquitlam area on the Western edge of Coquitlam.

The application proposes to rezone the site at 500 Foster Avenue and 633 North Road from the current RM-2 zoning to RM-6 in order to permit a new high density residential development. The site is located within the Burquitlam Lougheed Neighbourhood Plan and is designated High Density Apartment Residential in the OCP and is located within the Transit Corridor “Shoulder” area of Burquitlam-Lougheed in the Transit-Oriented Development Strategy (TDS). 

The site is currently occupied by two, three-storey apartment buildings providing 89
units of rental housing which will be removed and replaced as part of the proposed development.

The development proposal includes:

  • a 41-storey tower with 304 market condo units;
    • 138 one-bedrooms, 136 two-bedrooms & 30 three-bedrooms;
  • a 6-storey lowrise building with 93 rental units;
    • 17 studios, 49 one-bedrooms, 17 two-bedrooms and 10 three-bedrooms;
  • one retail unit totaling 1,700 SF;
  • a total density of 5.0 FAR;
  • 21,700 SF of amenity space;
  • 448 underground parking spaces.

The architect for the project is Chris Dikeakos Architects.

June 15, 2018by david.taylor@colliers.com

Search the Site

Vancouver Market Follow

David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

vancouvermrkt
Retweet on Twitter Vancouver Market Retweeted
globeandmail The Globe and Mail @globeandmail ·
16 Apr

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

Reply on Twitter 2044762643806949766 Retweet on Twitter 2044762643806949766 3 Like on Twitter 2044762643806949766 4 X 2044762643806949766
Retweet on Twitter Vancouver Market Retweeted
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

Reply on Twitter 2044768222269063276 Retweet on Twitter 2044768222269063276 1 Like on Twitter 2044768222269063276 1 X 2044768222269063276
Retweet on Twitter Vancouver Market Retweeted
northshorenews North Shore News @northshorenews ·
16 Apr

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

Reply on Twitter 2044620858858274895 Retweet on Twitter 2044620858858274895 6 Like on Twitter 2044620858858274895 14 X 2044620858858274895
vancouvermrkt Vancouver Market @vancouvermrkt ·
9 Apr

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

Reply on Twitter 2042378406193738120 Retweet on Twitter 2042378406193738120 Like on Twitter 2042378406193738120 1 X 2042378406193738120
Load More

Categories

  • Apartment
  • Condo
  • Development
  • For Sale
  • Hotel
  • Investment
  • Land
  • Market Research
  • Office
  • Rental
  • Retail
  • SOLD


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.

© 2019 Copyright  |  All Rights Reserved