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

Hotel Planned for West Broadway Site

A rezoning application has been submitted by Hallmark Hospitality for 901 West Broadway, an 11,700 SF site at the Northwest corner of West Broadway and Laurel Street.

The site is currently improved with a single storey restaurant building.

The proposal is to allow for the development of a 12-storey hotel building that includes:

  • 147 hotel rooms;
  • Restaurant space at grade;
  • A total density of 7.95 FSR;
  • A building height of 133 ft.;
  • 62 vehicle parking spaces and 18 bicycle parking spaces.

The application is being considered under the Metro Core Jobs and Economy Land Use Plan.

The site was acquired in 2017 for $22,500,000 or $242 per buildable SF.

The architect for the project is Zeidler.

March 9, 2021by david.taylor@colliers.com

Search the Site

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