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, Retail

Prime Granville & Davie Corner Slated for Redevelopment

A development application has been made to the City of Vancouver for permission to redevelop a prime downtown corner. The site is located at the Northwest corner of Granville and Davie, and is most well-known as “Tsui Hang“, a popular late night Chinese restaurant. Tsui Hang is located in what was once a bank, built in the 1940s. The balance of the site contains older run-down one and two-storey commercial buildings. The developer is Deecorp. The architect is MCMP.

Preliminary plans call for a redeveloped site include a 7-storey mixed use building. The proposal includes the following:

    • 94 residential units (75 one-bedrooms and 19 2-bedrooms)
    • Retail on the ground floor;
    • Total density of 3.85 FSR (3.5 max + 10% heritage bonus)
    • Building height of 71 ft.
    • Total floor area of 69,300 SF
    • 47 underground parking spaces accessed from the lane

717 Davie 717 Davie_1 717 Davie_2717 Davie_3

August 20, 2015by david.taylor@colliers.com
Development

FOR SALE: 1080 Barclay Street, Vancouver

1080 Barclay 1080 Barclay_1Contact us for further details.

August 18, 2015by david.taylor@colliers.com
Development

Infill Residential Development Planned for Point Grey Village

Redevelopment plans are in the works for a single-storey retail building in the Point Grey Village area. The development application for this 46′ x 115′ lot at 4421 West 10th Avenue (between Trimble and Sasamat) is for a 4-storey building under the existing C-2 zoning. Details include:

  • one retail CRU (1,000 SF) on the ground floor
  • residential units on floors 1 – 4 (with unobstructed North views)
  • total density of 2.50 FSR
  • a building height of 45 ft.
  • one level of underground parking with 7 spaces
  • concrete construction

4421 West 10th 4421 West 10th_1

August 18, 2015by david.taylor@colliers.com
Development

Townhouse Project Planned for Mount Pleasant

A development application for a proposed townhouse development in the Mount Pleasant area of East Vancouver proposes to retain and restore an older single family house located at 367 East 16th Avenue, zoned RM-4N and to develop townhouse units. The site is located on the North side of East 16th Avenue between Sophia and Prince Edward Streets, and is comprised of three single family lots, each 33 feet wide and 123 feet deep. Details of the design, by Studio One Architecture include:

  • 15 townhouse units
  • a total density of 1.45 FSR (max)
  • 17 underground parking spaces
  • a building height of 36.5 feet
  • 3-storey woodframe on top of concrete underground
  • building on piles due to peat and groundwater

367 East 16th_1367 East 16th 367 East 16th_2

 

August 13, 2015by david.taylor@colliers.com
Development

FOR SALE: 1070 Barclay Street, Vancouver

1070 Barclay_11070 Barclay_2Contact us for further info.

August 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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