Onni announced via instagram today that they have acquired the 12.5 acre Gilmore Station area lands from Standard Life. The site, which is partially vacant, and partially occupied by industrial and office buildings, sold for a reported $110 Million.
The owners of an papartment building on Oak have applied for a development application to redevelop an existing apartment property they own at 2975 Oak Street (at West 14th). The proposal is permitted under the existing RM-3A zoning, but required City approval. The plan includes:
- Heritage designation of the existing structure
- 50 market rental units
- A total density of 2.8 FSR
Bogner Development Group is proposing to rezone a former Church site on West Boulevard (2095 West 43rd Avenue) from RM-3A to CD-1 to allow a 6-storey rental apartment building under the Rental 100 program that includes:
- 56 secured market rental units;
- a density of 3.25 FSR
- commercial uses at grade; and
- 29 underground parking spaces.
Read more: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/2095w43rd/index.htm
The owners of the former Blockbuster Video property at 3195 Oak Street are proposing to rezone it from C-2 to CD-1 District. The proposal is to rezone the property under the Rental 100 program for a 6-storey mixed-use building that includes:
- 39 market rental units;
- a density of 3.27 FSR;
- commercial uses at grade; and
- 44 at-grade and underground parking spaces
More information here: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/3195oak/index.htm
The City of Vancouver has received an application to rezone 587-599 West King Edward Avenue from RS-5 to CD-1 District. The proposal includes:
- restoration and designation of the heritage house at 587 West King Edward Avenue;
- 20 three-storey townhouses including five lane-facing lock-off units;
- a density of 1.39 FSR
- 40 underground parking spaces.
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