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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Development, Rental, Retail

Latest Broadway Plan Rental Application Features Tower at East 13th & Sophia in Mount Pleasant

The latest rezoning application has been submitted in the Broadway Plan for a site located at 270 East 13th, at the corner of 13th and Sophia in the Mount Pleasant neighbourhood.

The plan for the 18,065 SF site is to develop a single 20-storey rental tower that includes:

  • 167 market rental units;
  • 20% of the floor area secured for below market rental units;
  • 5,400 SF of ground floor retail space;
  • A total density of 6.80 FSR; and
  • A building height of 203 ft. with additional height for rooftop amenity space.

This application is being considered under the Broadway Plan.

The architect for the project is Studio One Architecture. The development manager for the project is JTA Development Consultants.

March 22, 2024by david.taylor@colliers.com
Development, Rental, Retail

Two rental towers, 397 Units Planned for Mount Pleasant Site

A rezoning application has been submitted under the Broadway Plan for a site located at East 12th Avenue and Quebec Street in the Mount Pleasant neighbourhood. The one acre site is currently improved with two older apartment buildings.

The proposal is to allow for the development of two 21-storey rental towers that include:

  • 397 rental units;
  • 20% of the floor area secured for below-market rental units;
  • 11,000 SF of retail space;
  • a density of 6.6 FSR;
  • A building height of 204 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Studio One Architecture.

March 22, 2024by 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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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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