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, Market Research

West Vancouver Finalizes Ambleside Centre Local Area Plan

The District of West Vancouver has given first reading to a final draft of the Ambleside Centre Local Area Plan (LAP).

The Ambleside LAP has been in the works since early 2022, and has gone through multiple rounds of public engagement and refinement by planning staff. The affected area is generally along Marine Drive from 13th to 18th Streets.

Here are the recommended land use policies:

  • Zoning updates to allow 3-4 storeys on most lots in the LAP, including on small lots
  • Five sites designated ‘Waterfront’ along Bellevue West of 15th allowing taller forms through rezoning
  • Four sites along parts of Clyde and Duchess allowing taller forms through rezoning

The LAP will go for public hearing in June and if approved, would form part of the OCP shortly thereafter.

A presentation on the Ambleside LAP can be viewed here: https://westvancouver.ca/media/6103

May 13, 2025by 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

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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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