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

Two More Towers for Brentwood Area

Millenium Developments is proposing a rezoning bylaw amendment to permit the construction of two condo towers in the Brentwood area of Burnaby. The site, located at 2630 Douglas Road, is south of Lougheed Highway near Holdom Station, in an area that is primarily still industrial uses.

The plan calls for two high-rise condo towers under the RM-5s and C1 guidelines, with some live/work units facing the street. Per the Brentwood Town Centre Development Plan, the maximum density would be 5.0 FAR. The parking would be located both above and below ground given soil conditions in the area.

2360 Douglas Rd

November 23, 2015by david.taylor@colliers.com
Market Research

Market Spotlight: City of Van Residential Prices

Here is a snapshot of the current housing price index for the City of Vancouver:

Source: REBGV

Data Source: REBGV

November 19, 2015by david.taylor@colliers.com
Development

Market Spotlight: District of North Van Applications

The District of North Vancouver recieved a presentation last night showing the current status of rezoning, development and building applications in various areas. Here’s a snapshot:

DNVSource: http://app.dnv.org/OpenDocument/Default.aspx?docNum=2768209

November 17, 2015by david.taylor@colliers.com
Development

Two Towers Proposed for Lynn Creek Area

A preliminary planning application has been submitted for a 2.1 acre site at 1401-1479 Hunter Street in the Lynn Creek area of North Vancouver, just South of the Seylynn Village project currently under construction. The site is currently improved with a light-industrial building. Plans include:

  • two condo towers – 15 and 26-storeys in height
  • 316 units
  • Total density of 3.50 FSR
  • Community centre space

1401 Hunter 1401 Hunter_1 1401 Hunter_2

November 17, 2015by david.taylor@colliers.com
Apartment, Development

Rental Apartments & Artist Studios Planned for Mt. Pleasant Site

A development application has been submitted for a 9,800 SF, IC-3 zoned site at the southeast corner of East 1st and Scotia Street in the Mount Pleasant area. Details of the project entitled “Steelhaus Artist Lofts” include:

  • a 6-storey apartment building (concrete and woodframe)
  • 46 units including 20 traditional rental apartments and 26 artist studios
  • a total density of 3.02 FSR
  • 2-levels of underground parking

304 East 1st_1304 East 1stThe architect for the project is Taylor Kurtz.

November 12, 2015by 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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