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, Condo, Development

Ledingham McAllister Unveils “Straford Wynd” Master Plan in Coquitlam

Ledingham McAllister has submitted their master plan application to the City of Coquitlam for “Stratford Wynd”, an 8.0 acre site in the City Centre area of Coquitlam. The site is currently occupied by a 113-unit rental townhouse development built in the early 1980’s.

The site is designated in the City Centre Area Plan as Medium Density Residential.

LedMac is proposing a medium density residential project with nine buildings in eight phases, including one highrise tower, and several midrise/lowrise buildings. Details include:

  • 1,113 total residential units;
  • 978 condos;
  • 135 rental units;
  • 57 space childcare centre;
  • 2.61 FAR total density;
  • an extension of Kensal Place to Inlet Street;
  • $25 Million in DCCs and CACs.

The architect for the project is IBI Group.

March 31, 2023by david.taylor@colliers.com
Condo, Development

27-Unit Condo Building Proposed for Cambie Corridor Site

A rezoning application has been submitted b Ardor Homes for a two-lot assembly at 5515-5525 Elizabeth Street just South of Queen Elizabeth Park in the Cambie Corridor area.

The proposal is to allow for the development of a 4-storey condo building that includes:

  • 27 condo units;
  • Rooftop amenity space;
  • A total density of 2.0 FSR;
  • A building height of 45 ft.; and
  • 48 vehicle parking spaces and 67 bicycle parking spaces.

The application is being considered under the Cambie Corridor Plan.

The architect for the project is Andrew Cheung Architects.

February 13, 2023by david.taylor@colliers.com
Condo, Development

47-Unit Townhouse Project Slated for Cambie Area Block

Zail Properties has applied to the City of Vancouver for permission to develop a new townhouse development on a full city block site in the 500 Block of West 27th Avenue at Ash Street, just West of Cambie.

The proposal includes:

  • 47 three-bedroom units;
  • a total density of 1.20 FSR;
  • Approximate overall building heights up to:
    • 38 ft. facing Ash Street and West 27th Avenue
    • 33 ft. facing rear and side lanes
  • One level of underground parking (approximately 59 stalls) having vehicular access from the north side lane.

Under the site’s existing RM-8A zoning, this application is “conditional” and may be permitted pending review and decision by the Director of Planning.

The architect for the project is Ciccozzi Architecture Inc.

The full application details can be viewed here: https://www.shapeyourcity.ca/531-595-w-27-ave

January 24, 2023by david.taylor@colliers.com
Condo, Development

FOR SALE: North Vancouver Townhouse Development Site

We are pleased to present the opportunity to acquire a pre-assembled townhouse development site in the Maplewood Village area of North Vancouver. The 29,500 SF site is designated to allow townhouses up to 1.20 FSR or approx. 35,500 SF gross buildable.

Current plans envision a 27-unit stacked townhouse development. Full architectural plans and supporting consultant reports are available upon request.

Please visit here or contact me for further details.

January 18, 2023by david.taylor@colliers.com
Condo, Development

114 Condo Units Planned for Cambie Street Site

Mosaic Homes has submitted a rezoning application for a four-lot land assembly that they own at 4711-4787 Cambie Street in Vancouver.

The site is a full city block on the West side of Cambie Street between West 31st and West 32nd Avenues, across from Queen Elizabeth Park.

The proposal for the 37,000 SF site includes two 6-storey residential buildings with two single-storey amenity buildings at the lane. Details include:

  • 114 condo units (57 units in each building);
  • 8 studios, 46 one-bedrooms, 48 two-bedrooms & 12 three-bedrooms;
  • A total density of 2.66 FSR;
  • A building height of 70 ft.; and
  • 132 vehicle parking spaces and 249 bicycle parking spaces.

The application is being considered under the Cambie Corridor Plan.

The application describes the design: “The proposed vocabulary for this development is a Georgian-inspired contemporary architecture boasting dark brick material and elegantly proportioned window patterning for the lower floors and stepping back approximately eight feet on the two upper floors and using a less dominant light color to break the overall mass and create a transition to the future low-rise developments to the west.”

The architect for the project is Ciccozzi Architecture.

December 13, 2022by 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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