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
Apartment, Development, Rental

Latest Broadway Plan Application Envisions 21-Storey Rental Tower at Burrard & 12th

Greystar has submitted their rezoning application for the 30,400 SF site that they own at 1770 West 12th Avenue, at the Southeast corner of Burrard and 12th.

The site, currently improved with a lowrise strata complex, was acquired by Greystar in 2023 for $41,000,000.

Located in the “South Fairview – Area B (FSOB)” subarea of the Broadway Plan, the site has potential for market and below-market rental housing, up to 20-storeys and 6.5 FSR.

The proposal includes:

  • 243 rental units;
  • 20% below-market rental units;
  • 3,800 SF of retail space;
  • a total density of 6.50 FSR;
  • A building height of 219 ft.

The architect for the project is DIALOG.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/1770-w-12-ave

June 6, 2024by 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