Cressey is proposing to build a 15-storey market residential tower on the site at 2290 Marine Drive that they acquired in 2014. When it was placed on the market in 2013, it was highly coveted as one of only a few potential tower sites with existing zoning. No information is available on pricing yet, but these will certainly fall into the “luxury” category.
Details include:
A plan by FDG Property Management to rezone a site at 161-165 East Keith Road has gone through public hearing. The plan is for a 17-storey, 93 unit residential development, of which 52 units will be stratified and 41 units will be secured as rental in perpetuity as a density bonus. Parking will be provided underground and accessed from East 6th Street. A density transfer is being proposed from adjacent City land (closed road).
A three-storey office building located at East 1st and Lonsdale has sold for $6,400,000. The 18,000 SF building was built in 1949 and is located on a 9,007 SF site. The property’s 2015 assessment is $5,620,000. The ground floor is leased to Eternal Skin Care.
Hotel development planned for site of Troll's Restaurant in Horseshoe Bay
District of North Van council sends proposed CapU student housing tower back to drawing board via @NorthShoreNews
First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion
First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while
