Here is an update on one of Downtown Vancouver’s most prominent projects: Trump Tower. The building topped out last summer, and the exterior work is now nearing completion. By all accounts, the residential pre-sales have done well, with only a couple of penthouse units remaining unsold.
Occupancy is expected this summer.
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1424 West Broadway, more commonly known as the Joeys Broadway, has sold for $19,800,000 to the Value Group. The 15,265 SF C-3A zoned site was previously sold in 2014 for $14,300,000. Joeys lease expires in 2019, though there is no word on redevelopment plans for the property.
The property had been listed for sale by Colliers in late 2015, and received multiple offers. The adjacent property at 1448 West Broadway was also listed for sale.
The Vancouver Masonic Centre has submitted a rezoning application for their property at 1495 W 8th Avenue (between Granville Street and Hemlock Street). The plan the 23,983 SF site is to rezone from the current C-3A to a CD zone to permit a new four-storey building on West 7th Ave., connected to an 18-storey secured rental residential building on 8th Ave. The proposal includes:
Here is a construction update on an interesting infill project in Chinatown that was approved under the Rental 100 program in 2013. 245 East Georgia St. is a 9-storey apartment being built on a 25-foot lot. As described on Gair Williamson Architect’s website:
“The design is for 40 studio apartments ranging in size from 320 to 360 square feet and a commercial unit at the ground level. All units have floor to ceiling glazing with either juliet windows or a balcony, there is also a communal roof deck providing opportunities for urban agriculture.”
There will also be retail on the ground floor.
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Photo courtesy mcminsen http://po.st/etb2h9 via @imageshack
Photo courtesy mcminsen http://po.st/etb2h9 via @imageshack
http://www.gwarchitects.ca/245-east-georgia-street/q9o9orelcnkzsotggn08ksgz4aniul
The site was sold by Colliers in 2012 for $1,150,000.
Colliers has completed the sale of 1745 West 8th Avenue, Vancouver; a 55,550 SF C-3A zoned property in the South Granville area. The property has been acquired by Delta Land Development.