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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Apartment, Development, Office

Mixed-use Building Planned for East Van

An application has been submitted for a 7,686 SF site  on East Pender Street near Commercial Drive in East Vancouver. The plan calls for a 5-storey  mixed-use building with two levels of office space and three levels of residential space containing 15 residential units and 14 underground parking stalls. The site is zoned MC-1, which conditionally allows a mix of uses.

1647 E Pender_2

The site, currently improved with a single storey industrial building, was acquired earlier this year for $1,830,000 by Epix Developments.

1647 E Pender_1

November 18, 2014by david.taylor@colliers.com
Development

The View From Above

Impressive view of Vancouver with Mt. Baker in the background:

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

Construction Update: Marine & Cambie

Construction is progressing at the intersection of Marine and Cambie in Vancouver:

Photo Credit, Genauso at SSP

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

9-unit Townhouse Project In the Works for East Van

A development application has been filed for a 12,078 SF, RM-2 zoned site at the Northeast corner of East 44th Ave and St. George (a block West of Fraser St.) in East Vancouver. The plan includes:

  • A three-storey townhouse building with 9 units
  • 12,807 SF of gross floor area (1.05 FSR)
  • One level of underground parking with 14 spaces

505 East 44thMore information can be found here.

November 14, 2014by david.taylor@colliers.com
Development

Former Planner Talks About How Grandview-Woodlands Towers Got Shoved Into Plan

By Frances Bula

This comment is buried far down in a post on Gord Price’s blog, Pricetags, (the one about the death of residential real estate) but of course it’s attracting a lot of interest. For those who don’t know, Scot Hein ran the urban-design department inside the city’s planning division. It was a position that had been created by former planner Larry Beasley, as a way of driving home the point that planning wasn’t just about the buildings or the traffic flow or the other mechanical parts, but about how communities used space. Scot was a big part of the planning for Olympic village. The European feel of the plaza, which has become a hive of activity, is part of his work. He left earlier this year to work at UBC, a surprise to many who knew him and how dedicated he was to the city.

Scot permalink
November 10, 2014 4:28 pm

Here is what really happened speaking as the city’s Senior Urban Designer at the time the GW process was tabling built form.

We put together what we believed was a reasoned overall plan for GW towards increased residential and employment opportunity. We fully appreciated the development economics of the Safeway site …read more

Source:: Frances Bula

November 14, 2014by 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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