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

Another Highrise Proposal for Brentwood Area

On the same day that Onni is submitting a formal rezoning application for it’s first phase of 3 residential towers at Gilmore Station, another rezoning application has been filed for a site just East of Onni’s land in the rapidly developing Brentwood area of Burnaby.

The application is being made for a currently industrial property at 4285-4295 Dawson Street, at the northwest corner of Madison Avenue. The site is 56,500 SF. The site is designated in the Brentwood Town Centre Plan a mixed use high-density (RM-5s).

The preliminary proposal by Imani Development, is for a mixed use development comprised of retail, office and a highrise residential tower, to a maximum density of 6.0 FAR, with a residential density of 5.0 FAR.

The application notes that the tower height would be 431 feet, or likely around 40-45 storeys.

4285 Dawson

July 25, 2016by david.taylor@colliers.com
Development

Condos & Retail Proposed for North Vancouver Site

A rezoning application has been submitted for a 20,730 SF site at 711 West 14th Street in North Vancouver, near the intersection of Marine Drive and Bewicke Avenue. The CS-1 zoned site sits directly North of the recently completed “700 Marine” project.

The proposal by Regency Group/Razgul Holdings, named “The Five Points”, is a new 4-storey building that includes:

  • 44 condo units (including 21 two-bedrooms and 3 three-bedrooms)
  • 4,674 SF of retail space in 6 CRUs
  • a total density of 2.0 FSR
  • 63 underground parking stalls

711 W 14th711 W 14th_1711 W 14th_2

July 25, 2016by david.taylor@colliers.com
Investment, Retail

SOLD: 3183 Edgemont Boulevard, North Vancouver

I am pleased to announce the sale of 3183 Edgemont Boulevard, North Vancouver, B.C. This 1,500 SF freestanding streetfront retail building has been part of Edgemont Village for over sixty years and is leased to local tenants. The property sold for $2,050,000.

3183 Edgemont_SOLD BRO3183 Edgemont Brochure

July 20, 2016by david.taylor@colliers.com
Development

FOR SALE: Port Moody Residential Development Site

I am pleased to introduce this remarkable mid-rise residential development opportunity in Port Moody. Please download the brochure below for more information.

3000 Henry_BRODownload the brochure here: Brochure_3000 Henry Final E

3000_Henry_Street_PortMoody_July2016 (39)

Site Photo

July 20, 2016by david.taylor@colliers.com
Apartment, Development

Rental Apartment Building Planned for Cambie Corridor

Strand Development has submitted an application to rezone a 20,727 SF 3-lot land assembly at 210-262 West King Edward Avenue on the Southwest corner of Columbia and King Edward from RS-1 to allow a rental residential development that includes:

    • one 4-storey building on West King Edward Avenue with 2-storey townhouses facing the lane;
    • 52 market rental apartment units;
    • 3 studios; 29 one-bedrooms; 15 two-bedrooms & 5 three-bedrooms
    • a building height of 44 ft. from grade;
    • a total density of 1.77 FSR; and
    • 54 underground parking spaces and 66 bicycle spaces.

The application is being considered under the Cambie Corridor Plan.

210 W King Edward 210 W King Edward_1The architect for the project is Yamamoto Architecture.

July 11, 2016by 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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