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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Condo, Development

64-Units Okayed for Rodgers Creek Area of West Vancouver

British Pacific Properties has been granted approval for a new residential development project in the Rodgers Creek area of West Vancouver. Rodgers Creek includes 215 acres above the Upper Levels Highway near Cypress Bowl Road.

This latest application is for ‘Lot 3’, a 2.66 acre triangular piece in Area 6 of the overall Rodgers Creek area, is for a new concrete residential project in three buildings, one 10-storeys, one 6-storeys and one three-storeys. It includes:

  • 64 condo units;
    • 15 one-bedrooms, 41 two-bedrooms & 8 three-bedrooms;
  • a total density of 0.78 FAR;
  • a maximum height of 111 ft;
  • a 3-storey neighbourhood amenity building with fitness area and event space;
  • 132 underground parking spaces.

The architect for the project is Saunders Architecture.

April 24, 2019by 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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