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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Development, Rental

416-Units, Two Towers Proposed by for Broadway Plan Site

Crestpoint, in partnership with InterRent REIT, have submitted a rezoning application for a 45,000 SF site at 2244-2280 West 6th Avenue for a new two-tower rental development.

The site has 375 ft. of frontage and is located in the Kitsilano North area of the Broadway Plan, on West 6th Avenue, between Yew and Vine Streets. The site is improved with two older lowrise apartment buildings with 89 existing units.

The proposal is to allow for the development of two 20-storey rental towers with a four-storey podium and includes:

  • 416 rental units;
  • 20% of the floor area for below-market units;
  • a total density of 6.50 FSR;
  • A building height of 219 ft.) with additional height for rooftop amenity space.

This application is being considered under the Broadway Plan.

The architect for the project is Kasian.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/2244-2280-w-6-ave

February 5, 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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