Trump Tower is weeks away from topping out and is apparently over 70% sold.
Trump Tower is weeks away from topping out and is apparently over 70% sold.
Westbank Corp. has taken over a proposed rental tower site in the West End. The site, located at 1754-1772 Pendrell Street, was originally proposed for a rezoning back in 2010 for a market condo project by DTKH with some rental units. The newly revised application by Westbank includes:
Westbank has recently recieved occupancy on their other new West End rental tower, The Lauren, also designed by Henriquez.
An application has been filed for a 90 x 132 ft., C-2 zoned property at 540 Victoria Drive in the Grandview Woodlands area of East Vancouver. The proposed plan includes:
Cornerstone Architecture explains the rationale for the project:
“This development provides a mixed-use residential and commercial building that will stand as a legacy project for the Bosa Foods company, which has been a long term part of the community. The development is to provide a mixture of 1, 2 and 3 bedroom rental suites across the upper 3 storeys.”
A development application has been made for an RM-4 zoned site at the corner of Victoria Drive and Frances Street in the Grandview-Woodlands area. This site are was not identified for increased density in the any version of the Grandview Woodlands Community Plan. The project calls for the following:
Further, the City is requesting that the site dedicate about 7’ of land along Victoria Drive for possible future reconfiguration of the street to provide dedicated bike lanes. It is noted that further assembly was not feasible.
More info can be found here: http://former.vancouver.ca/devapps/pc649victoria/index.htm
A rezoning application has been filed for a site a land assembly at 1325-1335 Draycott Road, a cul-de-sac off Lynn Valley Road just north of Lynn Valley Mall. The project by Milori Homes, consists of 35 condo units in a five storey building.
The site is currently zoned commercial C2, but is designated as Residential Level 5 & 6 in the Official Community Plan. RES5 envisions lowrise apartments up to approximately 1.75 FSR and RES6 envisions medium rise apartments up to 2.5 FSR. A blended density of 1.91 FSR has been calculated for this project based on the site area of each designation.
The units will be a mix of 2 & 3 bedrooms. A proposed CAC of $53,557 is being charged to the developer.
First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion
First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while
West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave
Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor
