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Development

Onni Agrees to Second Public Hearing on North Vancouver Safeway Site

North Shore Outlook – Developer Onni agrees to second public hearing on North Vancouver Safeway site.

Developer Onni Group will return to North Vancouver city hall for a second go at a public hearing on the company’s divisive Safeway site proposal, after the first hearing was tainted by accusations of bullying and impropriety on all sides.

Onni’s vice-president of development Beau Jarvis made the announcement Monday, citing the “outpouring of support” he said the company received over the holidays for its 13th Street and Lonsdale Avenue condo-tower proposal.

“To be quite blunt, we got a bit of an earful over the holidays from people who had publicly expressed support for the project,” Jarvis said in a press release Monday.

“Their position was simple – ‘we want the project, we went out and supported the project and Onni should not abandon the project until the council has formally said yes or no’. At the end of the day, we could not ignore those voices,” he continued.

Read more: http://www.northshoreoutlook.com/news/186871082.html

January 15, 2013by david.taylor@colliers.com
Market Research, Retail

Healthy Growth for Vancouver Retail Market

Colliers’ Q4 2012 retail report shows that the Metro Vancouver retail leasing market sustained healthy growth heading into 2013. Notable highlights from the Colliers retail report.:

  • q4 2012 retail reportFrom a leasing perspective, there was a spike in activity with many international, national and eclectic retailers looking for space. This is evident through the vacancy rate decreasing to 3.5% this quarter from 3.9% in the second quarter of 2012.
  • The most notable changes in vacancy were in Squamish decreasing from 7.1 to 3.3 percent; Chilliwack decreasing from 10.9 to 9.3 percent; North Delta decreasing from 5.9 to 3.6 percent; and Richmond decreasing from 6.2 to 4.7 percent.
  • Both transactional sales volume and deal velocity maintained a steady pace through the last quarter of 2012. From the fourth quarter of 2011 to the end of the third quarter of 2012, 125 transactions closed in the improved retail property category (for properties valued over $1 million).
  • Harbour Centre unveiled plans for a multi-million dollar redevelopment of the landmark Harbour Centre building in Downtown Vancouver. In the spring of 2013, they will embark on an extensive redevelopment of the food court, a refresh of the lower level common area, and a newly revitalized streetscape of the complex.
January 15, 2013by david.taylor@colliers.com
Development

Burnaby Proposes Changes to C-8 and C-8A Zoning in Hastings Area

In an effort to improve the viability of development proposals in the Hastings Heights area, the City of Burnaby is proposing that the number of storeys in the C8 and C8a District be changed in rezoning to allow for a residential mezzanine floor (or a 5th storey) in the rear portion of the grade level commercial envelope. Design details include:

  • Development of a residential mezzanine should not impact the viability of grade level commercial uses fronting Hastings Street.The residential mezzanine must occupy the rear, upper portion of the commercial envelope.
  • Taking into account the minimum depths for the commercial and residential mezzanine units and the established front and rear yard setback requirements of the C8 and C8a District, lots with a minimum depth of 112.5 ft. would qualify for consideration for a building with a residential mezzanine floor.

Source: City of Burnaby

January 14, 2013by david.taylor@colliers.com
Market Research, Retail

Breathing Life into New Westminster’s Main Streets

New Westminster News Leader – Breathing life into New Westminster’s main streets.

Lots of places to eat and drink, few storefronts that aren’t retail oriented, and at least some representation of chain outlets are all signs of successful main streets, according to a university term paper written by a New Westminster councillor.

Along with sitting on council, Jonathan Coté is also an urban studies student at Simon Fraser University, and has written the paper “Reviving New Westminster’s Main Streets,” which looks at what makes a main street work and what New West’s streets need in order to improve.

“New Westminster has a tremendous advantage in that we have traditional main streets already in existence. For most municipalities in the Lower Mainland these don’t exist except in Vancouver. We have the bones in place. The challenge is how do we bring these to life and make sure these are neighbourhoods our residents want to shop in.”

Coté found the highest vacancy rates were on Twelfth Street (11.6 per cent) and East Columbia in Sapperton (11.4), while Columbia in the Downtown area was just 6.4 per cent and Sixth Street was 8.7. The latter two compared favourably to a pair of Vancouver’s most dynamic retail streets, Robson (6.9) and Denman (5.4).

Read more: http://www.newwestnewsleader.com/news/186342442.html

January 11, 2013by david.taylor@colliers.com
Development

Towering Concerns Touch Lynn Valley

North Shore Outlook – Towering concerns touch Lynn Valley.

A couple hundred people packed a District of North Vancouver council meeting Monday, as vocal resistance to high-density neighbourhoods in North Vancouver continues.

Proposed Lynn Valley Town Centre

Proposed Lynn Valley Town Centre

Most were there to protest the Lynn Valley Town Centre Implementation Plan, a rigorous public consultation process on the future of new development in Lynn Valley. Attendees told council they felt the consultation plan would merely pay lip-service to residents’ concerns while high-rise development plans for Lynn Valley would go ahead regardless of the public’s wishes.

In actual fact, the implementation plan is just the next step in the district’s Official Community Plan (OCP), a long-term growth management strategy ratified in 2011 after two years of public consultations. That next step, approved unanimously by council Monday, merely directs staff “to undertake an intensive and focused community engagement initiative in early 2013 to seek further feedback to shape and refine the Lynn Valley Town Centre Implementation Plan.”

Read more: http://www.northshoreoutlook.com/news/186176101.html

January 10, 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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