Westbank has submitted a rezoning application for the Esso Station at the Southwest corner of Oak Street and West King Edward Street in Vancouver.
The 11,328 SF site at 1010 West King Edward is currently zoned C-2, which allows up to 6-storeys for rental, or 4-storeys for condo. The Cambie Corridor Plan allows up to 6-storeys for condo and 3.0 FSR.
The proposal is to allow for a 14-storey condo building that includes:
Sightline Properties has acquired an assembly of 24 single family lots in East Vancouver comprising two city blocks between East Broadway and East 10th Avenue at Kaslo Street.
The properties are located in a high-density residential subarea of the Rupert and Renfrew Station Area Plan, which is in the final stages of public consultation before an expected council adoption of Summer 2025.
The total combined acquisition price for the 24 lots is $91,700,000, or an average of approx. $3,800,000 per lot.
A vacant 15,000 SF, two-storey office building at 1285 Franklin Street in East Vancouver has sold for $10,550,000, or $695 per SF. The purchaser is Freedom Mobile Inc.
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
