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Investment

SOLD: 1700 Mountain Highway, North Vancouver

I am pleased to announce the sale of 1700 Mountain Highway in North Vancouver.

https://www.collierscanada.com/en-ca/properties/sold-mount-olivet-lutheran-church/can-1700-mountain-highway-north-vancouver-british-columbia-canada/can2005681

The property comprises a church and daycare located on a 35,000 SF lot with Public Assembly zoning. Our team was able to generate multiple offers over asking in late 2020.

May 20, 2021by david.taylor@colliers.com
Condo, Development

123 Condo Units Proposed for Maillardville Site

Porte Homes has submitted a Rezoning and Development Permit application to facilitate the development of a two building condo project in the Maillardville area of Coquitlam.

The 0.23 acre site is comprised of an existing older strata townhouse property located north of Brunette Avenue, between Lebleu Street to the west and Nelson Street to the east.

The proposed rezoning is from RM-1 to C-5 per the Maillardville
Neighbourhood Plan (MNP) which designates the site as Neighbourhood
Centre.

The proposal calls for two woodframe condo buildings at 7-storeys and 5-storeys, including:

  • 123 condo units;
  • 67 one-bedrooms, 44 two-bedrooms and 12 three-bedrooms;
  • a total density of 2.25 FAR;
  • 177 underground parking stalls.

The application describes the design rationale: “The design of the buildings incorporates distinct French architectural features, including a contemporary interpretation of mansard roofs. A colour palette of white, grey, charcoal, iron, and black is proposed, with materials including masonry, painted cementitious panels, standing seam metal cladding, architectural concrete, simulated wrought iron elements, prefinished painted aluminum trim, and clear glass guardrails.”

The architect for the project is Formwerks.

Porte acquired the site in 2018 for $9,000,000 or $89 per buildable sq ft.

May 7, 2021by david.taylor@colliers.com
Development, Office

9-Storey Office/Labratory Building Proposed for Mount Pleasant

Beedie & Abcellera have formally submitted their rezoning application for the Vancouver-based biotechnology company’s new campus at 110 West 4th Avenue. The project is a joint venture between Beedie and Abcellera.

The proposal is to build a 9-storey office and laboratory building on the 30,205 sq ft site, changing the zoning from I-1 to a new CD zone. The proposal includes:

  • 221,343 sq. ft. of office & labratory space;
  • a total density of 7.0 FSR;
  • A building height of 151 ft.;
  • 268 underground parking spaces and 88 bicycle spaces.

The application is being considered under the Metro Core Jobs & Economy Land Use Plan andPolicy on Consideration of Rezoning Applications during the Broadway Planning Process.

The rezoning and development permit application review process will take place concurrently.

Abcellera will also occupy the neighbouring 4-storey office building currently under construction.

The architect for the project is Francl Architecture.

April 28, 2021by david.taylor@colliers.com
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