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.
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Apartment, Development, Retail

Broadway Plan Application at West 1st & Arbutus Envisions 176 Rental Units

The latest Broadway Plan tower application is for a land assembly at the Southeast corner of West 1st and Arbutus in the Kits neighbourhood.

The site is 18,000 SF (150′ x 120′) and is owned by TKT Holdings Ltd.

The proposal is to allow for the development of a 20-storey rental building and includes:

  • 176 units with 20% of the floor area for below-market units;
  • 2,000 SF of retail space;
  • a total density of 6.80 FSR; and
  • A building height of 214 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.

January 21, 2025by david.taylor@colliers.com
Condo, Development, Land, Rental

FOR SALE: Burnaby Woodframe Development Site

Charlie Hughes and I are pleased to introduce this 12,508 SF woodframe development site in the Edmonds area of Burnaby.

The site is located within the Edmonds Community Plan area which is expected to be finalized by Burnaby City Council in Spring 2025.

Please view our brochure for more information:

BRO_6449-6461 ELWELL STREET_BURNABYDownload
January 21, 2025by david.taylor@colliers.com

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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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