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SOLD: Downtown Highrise Development Site

I am pleased to announce the sale of 1070 & 1080 Barclay Street. The site represents one of the last remaining opportunities to build a tall residential tower in Downtown Vancouver. Please contact me for further details.

1070 - 1080 Barclay_Sold

February 2, 2016by david.taylor@colliers.com
Apartment, Development

Construction Update: Rogers Arena South Tower

Construction is now well underway on Aquilini Group‘s second rental tower at Rogers Arena. The south tower will be 31-storeys with 5-levels of underground parking. It will include “over 250 residential rental units in addition to fitness and multipurpose facilities.

A rendering of the tower can be seen at Francl Architecture’s site.

Rogers Arena (1)Courtesy mcminsen http://po.st/myTf07 via @imageshack

Rogers Arena (2)Courtesy mcminsen http://po.st/TVX5V6 via @imageshack

January 27, 2016by david.taylor@colliers.com
Development

Market Spotlight: Burnaby Rezonings

Below is a summary of current rezoning applications going before the City of Burnaby council:

First Phases of Southgate Village Ledingham McAllister is moving forward with the first phases of their 48-acre Southgate Village project, a massive multi-phase development in South Burnaby, for which a master plan was approved in July 2015. The first phase includes a development in conjunction with BC Housing which owns a site across the street from the Southgate property.

  • 7121 Fourteenth Avenue

This 6.82 acre site is owned by BC Housing and was not part of the original Southgate rezoning. The application describes how BC Housing became involved with Ledingham McAllister:

“As the master planning work for the Southgate Village site advanced, an opportunity to also address the Cedar Place site became apparent. Extensive discussions with the applicant, BC Housing, and the City has resulted in an innovative approach to replace existing Cedar Place housing with new units, and access the value in the site itself to generate additional seniors’ non-market housing units.”

Currently, the site is improved with an older low-rise multiple family development in poor condition. The plan is to replace the Cedar Place units within the Southgate site (application below) and to redevelop the Cedar Place site with new family oriented affordable housing.

  • 7201 11th Avenue

The plan for this first phase is to build a 4-5 storey non-market rental apartment building on a 54,774 SF lot at the corner of 14th Avenue and Fifteenth Street. The non-market is intended as the first step to replace 90 social housing units located in a BC Housing development across the street, which is also slated for redevelopment by Ledingham McAllister. The end-result is that there will be a 2:1 replacement of units.

6695 Dunblane & 4909-4971 Imperial Street

This rezoning application in Metrotown, on behalf of Transca Real Estate Development is for the potential construction of a 35-40 storey highrise residential tower with street-oriented townhouses fronting Dunblane Avenue and live/work units fronting Imperial Street. The rezoning involves the consolidation of two sites under the RM3 and RM5s designations, which would total 58,499 SF. The sites were acquired as part of a land assembly in 2014; they are currently improved with lowrise apartments built in the 50’s and 60s.

2285 Willingdon Avenue and 4455-4483 Juneau Street

The plan for this 74,502 SF site in the southern part of the Brentwood Town Centre area owned by Amacon calls for a highrise residential tower and ground-oriented townhouses fronting Juneau Street. The site is comprised of existing industrial buildings and is designated under the Brentwood Town Centre Plan as RM4s, which allows a density of 3.6 FAR.

6921-6965 Arcola Street

This rezoning application is for a 23,760 SF site in the Edmonds area of Burnaby. The proposal is for a 22-unit, 3-storey townhouse development with underground parking. The site is an assembly of six run-down single family lots which are designated RM3 under the Edmonds Town Centre Plan. The total density for the site is proposed to be 1.1 FAR, though the applicant Kingswood Real Estate Management, can achieve a bonus of an additional 0.4 FAR under the plan guidelines.

Further information on these projects and other Burnaby applications can be found here.

January 27, 2016by david.taylor@colliers.com
Development

Townhouses Planned for Norquay Village Area

A development application has been submitted for an RM-7 zoned site on Duchess Street (at the corner of Cheyenne Ave) in the Norquay Village area of East Vancouver. The application proposes to consolidate two single family lots and develop two 4-storey townhouse residential buildings. The proposal includes:

  • 12 townhouse units
  • a density of 1.15 FSR (12,632 SF)
  • total building height of 37.65 ft.
  • at-grade lane parking (8 stalls)
  • 30 bicycle spaces

4740 Duchess

The architect for the project is Eszter Csutkai.

January 26, 2016by david.taylor@colliers.com
Development

Grosvenor Planning Downtown South Tower

Grosvenor has submitted a much anticipated rezoning application for a prominent “Grosvenor Pacific” site at the Northeast corner Hornby and Pacific; formerly the location of Umberto’s Il Giardino. Grosvenor had acquired the site in 2014 for $33.6MM along with the lot at Pacific & Howe.

1382 Hornby

The plan for the 15,000 SF site at 1380-1382 Hornby Street is for a 39-storey residential building and includes:

      • 212 units
      • a total density of 16.25 FSR
      • a building height of 375 feet
      • 238 underground parking spaces, and
      • restoration and relocation of Leslie House, the existing Heritage ‘A’ building that is located on the site (to be relocated to Pacific St on the lane).

Council direction on Potential “Benefit Capacity” in Downtown allows consideration of a rezoning application for this site.

The project, which is being designed by ACDF Architecure in conjunction with IBI Group, describes some of the design elements of the tower, including:

  • brushed stainless steel on the facade
  • metallic soffit
  • white stone cladding
  • tinted glass & glass spandrel

1382 Hornby_51382 Hornby_3 1382 Hornby_4The project joins other higher end condo towers at various stages of development, including Vancouver House, which is now under construction, and Reliance’s Burrard Place, the first phase of which is soon to begin construction.

January 21, 2016by david.taylor@colliers.com
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howard__24 Howard Chai @howard__24 ·
5 Mar

Exclusive:

Brookfield has flipped the Shangri-La Vancouver (now Hyatt) retail podium to Aquilini Group for $55 million. Brookfield bought the property last summer.

Full story:

https://howardchai.substack.com/p/shangri-la-vancouver-hyatt-retail-brookfield-aquilini

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vancouvermrkt Vancouver Market @vancouvermrkt ·
22 Feb

SOLD: East Vancouver Retail & Apartment Building
https://vancouvermarket.ca/2026/02/22/sold-east-vancouver-retail-apartment-building/

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northshorenews North Shore News @northshorenews ·
17 Feb

12-unit Gleneagles townhouse project proposed in West Vancouver

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vancouvermrkt Vancouver Market @vancouvermrkt ·
31 Jan

A new proposal has surfaced for the parking lot next to Waterfront Station.

The redesigned project includes a 26-storey, 416,000 SF office tower, shaped like a tree, cantilevered over the existing station building.

Architect: James Cheng

Details: https://bit.ly/46aUB0W

4

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