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, Hotel

26-Storey Hotel Proposed at Oak & 12th

Marquee Group has submitted their rezoning application for the site they own at 2777 Oak Street; at the Northwest corner of Oak and West 12th, just West of Vancouver General Hospital. The proposal calls for a 26-storey hotel tower under the Broadway Plan and Transit-Oriented Areas Rezoning Policy.

Key stats:

  • 314 hotel rooms
    • 160 short term stay, 154 long term stay
  • 12.4 FSR
  • 308 ft in building height

Ground-floor commercial space is included in the proposal.

The project architect is B+H Architects.

April 22, 2026by 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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