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Development

Paragon Reintroduces BC Place Casino/Hotel Proposal

Paragon Development Ltd. has reinvented its proposal for a $535 million redevelopment of the south side of BC Place Stadium as what they are calling an urban resort that plays up entertainment and plays down gambling with the relocation of its Edgwater Casino on False Creek.

Paragon’s last plan, in a lease deal with the BC Pavilion Corporation, was rejected by the City of Vancouver in 2011 over the proposal’s expansion of its gaming floor, but company officials said Tuesday that they’ve listened to their opponents and the new proposal is a straight transfer of Edgewater’s existing operations to the new facility, which fits into the city’s existing rezoning approval.

Paragon, with financing partner Dundee Corp.’s and operating partner 360 Vox, a real estate management company, unveiled the revamped design Tuesday, which calls for two luxury hotels with 550 rooms, a conference centre restaurants and retail space that will be linked in with BC Place.

The overall development will be 675,000 square feet of space and create an additional 2,000 jobs within the complex. Developers are aiming for completion of the project in 2016.

Read more: http://www.vancouversun.com/business/commercial-real-estate/Paragon+Gaming+offers+million+resort/8952619/story.html#ixzz2fqQS3bFw

 

September 24, 2013by david.taylor@colliers.com
Development

Polygon Pursuing Height Amendment for North Vancouver Site

Polygon Homes, who successfully bid for a full city block on West Esplanade from the City of Vancouver last year, is looking for an OCP amendment to allow a highrise. Two development options presented to council for the 2.24 acre property  at 255 W. 1st Street include a mix of residential and commercial uses to a density of 2.6 FAR.

Option 1 includes a Concept a 5-storey built form with commercial uses accessible from W. Esplanade and residential uses above. Development is divided into two buildings. The larger building is “U” shaped with the opening facing south to maximize on harbour/city views as well as light exposure. The second building runs parallel to Mahon Avenue.

Option 2 proposes a 7 storey building on the western edge of the site running parallel to Mahon Avenue, terracing gradually down to a 4 storey street wall against W. Esplanade. A separate 16 storey tower is proposed in the southeast corner of the site containing the rest of the residential density. Because the existing OCP only allows 6-storeys, this option would require an OCP amendment;  however, it is supported by the City.

255 W Esplanade

255 W Esplanade_2

September 24, 2013by david.taylor@colliers.com
Development, Office

Morguard Proposing 25-Storey Office Building at 601 West Hastings

Morguard has applied to the City of Vancouver to amend the existing CD-1 for their property 601 West Hastings Street (also referred to as 333 Seymour Street) to retain the existing office tower, and build a 25-storey office building with:

  • A total floor area of 227,700 SF
  • 3,627 sq. ft. of ground level retail space
  • a public plaza
  • a density of 24.34 FSR
  • a proposed height of 357 ft
  • 102 parking spaces and 78 bicycle parking spaces in 5 levels of underground parking

601 West Hastings601 West Hastings_2

September 19, 2013by david.taylor@colliers.com
Development

Several Projects Referred to Public Hearing

Several rezoning projects are headed to council next week in anticipation of public hearing:

  1. 33-49 East Hastings St.
  • Atira Housing Society is proposing to rezone for four lots from DEOD to CD to increase the permitted density from 5.00 to 8.28 FSR and building height from 98 feet to 127 feet to allow construction of a mixed-use building with commercial use at grade and in the mezzanine, and with 12 storeys of residential use above. It includes 102 units of social/supportive housing and 67 units of  market housing secured as rental for 15 years.

2. 1412-1480 Howe Street

  • Westbank Projects is proposing to rezone 1410 Howe St.several lots on Howe Street for a 52-storey (497 ft.) residential tower with 407 residential units and a 10-storey podium containing retail and 95 residential units (market rental). Lots on Granville and Pacific Street will include 6-storey buildings providing retail and office uses. The total density is 5.08 FSR.

 

 

3. 4412-4488 Cambie Street

  • 4412 cambieDava Developments Ltd. is rezoning 4412-4488 Cambie Street from RS-1 to CD-1 under the Cambie Corridor Plan. The proposal is for a 6-storey residential development containing a total of 102 residential units (19 townhouses and 83 apartments), with a density 2.60 FSR, and 113 parking spaces. The CAC is fixed at $55.00 per SF of net increase in density.

4. 2290 Main Street2290 Main St.

  • The proposed rezoning for 2290 Main Street from IC-2 to CD-1 anticipates a 9-storey mixed-use building with 89 residential units. The proposal includes a density of 4.92 FSR, and a total height of 99 feet. The proposed project is supportable under the Mt. Pleasant Community Plan. The CAC proposed is $35.40 per SF.

5. 1526-1560 Kingsway1526-1560 Kingsway

  • The owners of these lots are proposing to rezone from the existing C-2 zoning (2.5 FSR) to CD-1 to permit the development of a six-storey mixed-use building containing 77 units of market rental housing with commercial retail use at grade. The proposed density is 3.85 FSR. The application is consistent with Council’s Secured Market Rental Housing Policy (Rental 100).
September 19, 2013by david.taylor@colliers.com
Development, Retail

Richmond Walmart Deal Hits Buffer — Again

Plans for the $100 million Walmart-anchored shopping centre in West Cambie have once again hit a roadblock after city council’s planning committee refused to approve the project.

With only two of the five councillors on committee in support — Evelina Halsey-Brandt and Linda Barnes were in favour — the proposal was shunted back to city staff at the end of an occasionally heated two-and-half-hour meeting Tuesday.

The primary reason for stalling this time was planning chair Coun. Bill McNulty’s demand to know just how many people are expected to flock to the 14-acre shopping centre between Alderbridge Way and Alexandra Road, near Garden City Road.

It’s a factor that McNulty, whose motion it was to send the proposal back to staff, believes is critical to be aware of before he can consider sending the proposal to a public hearing.

“I’m in no rush to push this forward,” said McNulty of the now 10-year-old plans.

Read more at: http://www.richmond-news.com/news/update-richmond-walmart-deal-hits-buffer-again-1.627675#sthash.9EFCdDFB.dpuf

September 19, 2013by david.taylor@colliers.com
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howard__24 Howard Chai @howard__24 ·
5 Mar

Exclusive:

Brookfield has flipped the Shangri-La Vancouver (now Hyatt) retail podium to Aquilini Group for $55 million. Brookfield bought the property last summer.

Full story:

https://howardchai.substack.com/p/shangri-la-vancouver-hyatt-retail-brookfield-aquilini

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vancouvermrkt Vancouver Market @vancouvermrkt ·
22 Feb

SOLD: East Vancouver Retail & Apartment Building
https://vancouvermarket.ca/2026/02/22/sold-east-vancouver-retail-apartment-building/

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northshorenews North Shore News @northshorenews ·
17 Feb

12-unit Gleneagles townhouse project proposed in West Vancouver

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vancouvermrkt Vancouver Market @vancouvermrkt ·
31 Jan

A new proposal has surfaced for the parking lot next to Waterfront Station.

The redesigned project includes a 26-storey, 416,000 SF office tower, shaped like a tree, cantilevered over the existing station building.

Architect: James Cheng

Details: https://bit.ly/46aUB0W

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