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

114 Condo Units Planned for Cambie Street Site

Mosaic Homes has submitted a rezoning application for a four-lot land assembly that they own at 4711-4787 Cambie Street in Vancouver.

The site is a full city block on the West side of Cambie Street between West 31st and West 32nd Avenues, across from Queen Elizabeth Park.

The proposal for the 37,000 SF site includes two 6-storey residential buildings with two single-storey amenity buildings at the lane. Details include:

  • 114 condo units (57 units in each building);
  • 8 studios, 46 one-bedrooms, 48 two-bedrooms & 12 three-bedrooms;
  • A total density of 2.66 FSR;
  • A building height of 70 ft.; and
  • 132 vehicle parking spaces and 249 bicycle parking spaces.

The application is being considered under the Cambie Corridor Plan.

The application describes the design: “The proposed vocabulary for this development is a Georgian-inspired contemporary architecture boasting dark brick material and elegantly proportioned window patterning for the lower floors and stepping back approximately eight feet on the two upper floors and using a less dominant light color to break the overall mass and create a transition to the future low-rise developments to the west.”

The architect for the project is Ciccozzi Architecture.

December 13, 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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David Taylor Personal Real Estate Corporation

Colliers International

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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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