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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For Sale, Office, Retail

FOR SALE: Westwood Square, High-Exposure Commercial Centre

Along with my colleagues Casey Weeks and Morgan Iannone (IW Investment and Land Sales Group), I’m pleased to present for sale Westwood Square, 3242 Westwood Street, Port Coquitlam.

Please contact me for more information or visit: https://www.collierscanada.com/en-ca/properties/westwood-square-high-exposure-commercial-centre-with-income-upside-and-long-term-development-potential/can-3242-westwood-street-port-coquitlam-bc-v3c-3l8/can2015978

September 1, 2024by david.taylor@colliers.com
Apartment, Development, Rental

West End Condo Project Revised as Rental Tower

PC Urban has submitted a rezoning application for a rental tower at 1150 Barclay Street. The site was originally envisioned for redevelopment as an 11-storey, 21-unit condo project, but did not move forward.

The site is 11,925 SF and the existing building is a 3-storey co-op with 19 units.

The new proposal is to allow for the development of a 20-storey rental building that includes:

  • 152 rental units (20% below market);
  • Community space on the ground floor;
  • A total density of 9.10 FSR;
  • A building height of 193 ft. with additional height for rooftop amenity space.

This application is being considered under the West End Community Plan.

The architect for the project is MCM Architects.

September 1, 2024by david.taylor@colliers.com
Apartment, Rental

20-Storey Broadway Plan Proposal Includes Heritage Retention

Fiera Real Estate has submitted a rezoning application for 1375-1395 West 14th Avenue, Vancouver, B.C. in the South Granville area of the Broadway Plan.

The proposal is to allow for the development of a 20-storey rental building with heritage retention and includes:

  • 203 rental units (20% below market);
  • Retention of The Grange heritage building (Vancouver Heritage Register Category ‘C’);
  • a total density of 7.20 FSR;
  • A building height of 233 ft.

This application is being considered under the Broadway Plan.

The site includes a heritage building at 1395 W 14th Ave, and as such, the City’s Heritage Program and Heritage Policies apply. The application proposes retention of the street façades along Hemlock St and W 14th Ave; and, rehabilitation of the overall site and structure for what was originally built as The Grange (Vancouver Heritage Register Category ‘C’).

The architect for the project is SHAPE Architecture.

The full application can be viewed here: https://rezoning.vancouver.ca/applications/1375-1395-w-14th-ave/application-booklet.pdf

August 28, 2024by david.taylor@colliers.com
Apartment, Development, Rental

Latest Broadway Plan Tower Application is for 18-Storey Tower at Yukon & 14th

A rezoning application has been submitted for an 18,563 SF, three lot land assembly at the Southwest corner of Yukon & West 14th in the Cambie Village area of Vancouver.

The site is located in the Mount Pleasant RT Area (MRTB) of the Broadway Plan.

The proposal is to allow for the development of a 18-storey rental building and includes:

  • 134 units with 20% below-market;
  • a total density of 5.50 FSR;
  • A building height of 197 ft.

This application is being considered under the Broadway Plan.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/426-428-w-14-ave-and-3015-3027-yukon-st

The architect for the project is Stuart Howard Architects.

August 21, 2024by david.taylor@colliers.com
Condo, Development, Retail

24-Storey Condo Proposal Pitched for Knight & King Edward in East Vancouver

Conwest Developments has submitted a rezoning application to he City of Vancouver for a site at the Northwest corner of Knight Street and King Edward in East Vancouver.

The 13,000 SF C-2 and RM-1 zoned site is currently improved with an old strip mall.

The proposal contemplates a 24-storey condo tower, and includes:

  • 233 condo units;
  • 4,300 SF of retail space on the ground floor;
  • a 37-space childcare facility;
  • a total density of 10.47 FSR; and
  • A building height of 261 ft.

The architect for the project is Francl Architecture.

August 16, 2024by 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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