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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Condo, Development

60-Unit Condo Building Planned for Cambie & 27th

Aria Pacific has submitted a rezoning application for a two-lot land assembly at 4261 Cambie St and 503 West 27th Avenue in Vancouver. The proposal is to allow for the development of a 6-storey condo building that includes:

  • 60 condo units;
    • 26 one-bedrooms, 26 two-bedrooms & 8 three-bedrooms;
  • A total density of 2.79 FSR;
  • A building height of 77.5 ft.;
  • 88 vehicle parking spaces and 132 Class A bicycle parking spaces.

The application is being considered under the Cambie Corridor Plan.

The architect for the project is Arno Matis.

April 6, 2022by david.taylor@colliers.com
Apartment, Condo, Land

Barclay Street Project Revised with More Rental

Bosa Properties and Kingswood Properties have submitted a new rezoning application for their project at 1040-1080 Barclay Street.

A previous proposal from 2018 envisioned two condo towers with social housing; however, changing City policy and market conditions have spurred a new vision for the property.

The proposal is to allow for the development two residential towers of 54-storeys and 50-storeys in height over ten levels of underground parking. The new proposal includes:

  • 506 secured market rental units and 130 below market units (East tower);
  • 365 market strata-titled units and 99 social housing units (West tower);
  • retail space at grade in both towers
  • 37 space childcare facility on level eight of West tower
  • An overall density of 21.87 FSR;
  • A building height of 572 ft. (East tower) and 567 ft. (West tower)
  • 832 vehicle parking spaces and 2,256 bicycle parking spaces.

The application is being considered under the West End Community Plan(External link), Criteria for 100% Secured Rental and Below-Market Housing as an Alternative to Inclusionary Social Housing in the Burrard Corridor of the West End Community Plan(External link), and the Sustainable Large Developments Policy(External link).

The architect for the project is Perkins & Will Vancouver.

April 6, 2022by 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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