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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

FOR SALE: Townhouse Development Site

430 BoydBRO_Queensborough Townhouse_New Westminster

December 29, 2014by david.taylor@colliers.com
Market Research

Market Feedback: What Info Are You Looking For?

As the year winds down, it would be great to get your thoughts on the type of market news, information and research that is most valuable to you, and what you would like to see on this site in 2015.

Let me know by dropping me a line. [cscf-contact-form]
Happy Holidays!

– David

christmas-tree3

December 19, 2014by david.taylor@colliers.com
Development, Office, Retail

Market Spotlight: 155 Water Street

By ChangingCity

For now we can’t illustrate this Gastown project. The City of Vancouver’s website has a notification letter to residents that describes the project, but unusually, no accompanying illustrations, elevations or further details. (Quite how they review the project to comment on it remains a mystery). If the Urban Design Panel get to see it we’ll add an image.

The façade of 151 Water St would be retained, and 157 Water Street would be redeveloped. The project would end up with six floors of office over retail and restaurant uses, and the letter says the project would be 95 feet high. Musson Cattell Mackey are the architects. The Gastown Historic Area Planning Committee will review the scheme this week – they have a few more details; the total space would be 105,426 square feet and their notes say it would be 103 feet high to the top of the mechanical room.

…read more

Source:: Changing City

December 17, 2014by david.taylor@colliers.com
Development

Construction Update: Trump Tower

by 604City, on Flickr

December 16, 2014by david.taylor@colliers.com
Development

Dunbar Redevelopments Seek Approval

Two prominent Dunbar redevelopment projects go before the Development Permit Board Dec. 15. One involves the Stong’s site. It’s an application to redevelop 3592 West 29th, formerly known as 4560 Dunbar St.

Henriquez Partners Architects, acting on behalf of property owner the Harwood Holdings Corporation, proposes a four-to-five storey, mixed-use development. It would include 60 residential units, commercial space, a height of four storeys on the north end and five storeys on the south end where there would also be a public plaza.

In October 2013, the city rejected a rezoning application for a six-storey mixed-use building on the site. Residents argued it was contrary to Dunbar’s community vision, which calls for a four-storey limit.

The Harwood application complies with the C2 zoning for the site, so it’s considered conditional, which means it may be permitted, but needs board approval. Brian Jackson, the city’s manager of planning and development, told the Courier previously that zoning allows for five storeys on part of the property because it’s a sloped site.

3592 West 29th Ave

3592 West 29th Ave

The Development Permit Board will also consider, on Dec. 16, a development permit application for a nearby site at 3603 West 27th, formerly known as 4219-4295 Dunbar St.

Read more: http://www.vancourier.com/news/developing-story-dunbar-redevelopments-seek-approval-1.1662106

December 12, 2014by david.taylor@colliers.com
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David Taylor Personal Real Estate Corporation

Colliers International

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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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