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Development

Market Spotlight: 137 Keefer Street

By ChangingCity

137 Keefer model

We had noticed some site cleanup on a 25 foot lot on Keefer Street (to the east of the heritage building with the Keefer bar). Now we know what’s proposed to go there – “To develop a nine-storey, multiple-family dwelling building with a commercial retail unit on the main floor, providing 19 parking spaces over four levels (via automated parking system) having vehicular access from the lane”. It heads to the Urban Design Panel in a week, so it will be interesting to see what they make of the scheme.

The plans have been drawn up by Stantec Architecture, but we think we detect a design initiated by the developer, James Schouw, most recently associated with Artimesia on Hornby Street.

…read more

Source:: Changing City Updates

September 4, 2014by david.taylor@colliers.com
Development

101-unit Building Proposed for Royal Oak Area

Thind Developments has applied to the City of Burnaby for rezoning of 6205-6255 Kingsway to allow a 4-storey mixed-use development with full underground parking. The site is currently occupied by a strip retail centre and the Intercity Motel. The total site area is 45,307 SF, and the zoning designation is C-9. The project includes:

  • Total density of 2.2 FAR
  • 101 units
  • 187 parking spaces

6205-6255 KingswayThe property was assembled in 2012-2013 for a total of $5,730,000, or $57 per buildable SF.

August 28, 2014by david.taylor@colliers.com
Development, Office

Construction Update: 745 Thurlow Street

August 27, 2014by david.taylor@colliers.com
Apartment, Development

Mixing in Social Housing with Market Housing Creating Issues in New York Similar to Vancouver

This article in the New York Times highlights some challenges in incorporating social housing in a higher-end market condo building. This is an issue that may become more prominent in Vancouver as the City tries to generate new social housing units by requiring social housing in new market developments; particularly in higher density areas like the West End.

‘Poor Door’ in New York Tower Opens Housing Fight

New York Times, August 27, 2014

A 33-story glassy tower rising on Manhattan’s waterfront will offer all the extras that a condo buyer paying up to $25 million would expect, like concierge service, entertainment rooms, and unobstructed views of the Hudson River and miles beyond.

The project will also cater to renters who make no more than about $50,000. They will not share the same perks, and they will also not share the same entrance.

 The so-called poor door has brought an outcry, with numerous officials now demanding an end to the strategy. But the question of how to best incorporate affordable units into projects built for the rich has become more relevant than ever as Mayor Bill de Blasio seeks the construction of 80,000 new affordable units over the next 10 years.

 The answer is not a simple one. As public housing becomes a crumbling relic of another era, American cities have grown more reliant on the private sector to build housing for the poor and working class. Developers say they can maximize their revenues, and thus build more affordable units, by separating them from their luxury counterparts.

Read more: http://www.nytimes.com/2014/08/27/nyregion/separate-entryways-for-new-york-condo-buyers-and-renters-create-an-affordable-housing-dilemma.html

August 27, 2014by david.taylor@colliers.com
Development

Burnaby Opposition Hopefuls Try to Capture Anti-development Feeling

By Frances Bula

Interesting for me to see the new Burnaby First party trying to ride the anti-development horse there. Burnaby has been building towers for quite a while now, apparently with no backlash from anyone. But I have heard more grumbling about the Brentwood development in the last year than I’d heard the previous decade, so maybe there’s something there.

This is the news release that Burnaby First sent out today

Burnaby First Mayor candidate Daren Hancott & Council candidate Helen Ward plan to speak tonight at the public hearing for the controversial 56-story Brentwood Tower II. It will be held at 7:00 pm in the City Council chambers at 4949 Canada Way.
This hearing will be the one opportunity for the general public to have their say on this project before Burnaby’s current BCA monopoly council votes on whether or not to send this project forward.
The previously-approved Brentwood Tower I has already resulted in the closure of vital public transit infrastructure (the bus loop and related access ramp) making it extremely difficult for mobility-challenged transit riders to access Brentwood Mall shops and SkyTrain ground transit connections.
It has further resulted in significant slow-downs of rush hour traffic along Lougheed Highway at …read moreSource:: Frances Bula

August 27, 2014by 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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