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, Office, Retail

New Auto Dealership Planned for Burrard & 4th Corner

Dilawri Group have have submitted their development application for the former Esso Gas Station site at the Southeast corner of Burrard and West 4th Avenue.

The plan for the 14,461 SF, C-2B zoned site is to develop a new dealership building for Jaguar and Land Rover. The Jaguar & Land Rover dealerships are currently located at 1730 Burrard Street.

The building will be 2.5 storeys. Details include:

  • 21,707 SF of showroom space;
  • 10,096 SF of office space;
  • a total building height of 52 ft.;
  • a total density of 2.49 FSR;
  • 66 total parking stalls.

Under the site’s existing C2B zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The architect for the project is Kasian Architecture.

A similar scale building was completed across the street in 2018, now home to Comor Sports, with offices above.

November 21, 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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