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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Development

The Ridge on Arbutus To Be Redeveloped

Cressey has begun the development application process for The Ridge site on Arbutus Street at 16th Avenue.  Shown in the rendering above, the planned project would consist of five storeys, 52 dwelling units and 21,000 square feet of retail space, similar to the development of properties further North on Arbutus Street and much smaller scale than the upcoming Arbutus Village.  The project will preserve the iconic Ridge sign that has been on the site for decades as well as provide numerous amenities such as what is likely to become a grocery store and improved park space around the development.

June 5, 2012by david.taylor@colliers.com
Development

Legion up for Redevelopment

Legion up for redevelopment.

The building that houses Legion Branch No. 148 is up for redevelopment, and if it goes through, could still have room for the Heights Legion.

It was the only option for the beleaguered Legion, according to president Dave Taylor, which has suffered financially due to changes to B.C.’s smoking and drinking laws, and increasing property taxes.

Read more: http://www.burnabynow.com/business/Legion+redevelopment/6712578/story.html#ixzz1wpnlHvZN
June 4, 2012by david.taylor@colliers.com
Development

City Sends Harbourside to Hearing

City sends Harbourside to hearing.

The controversial Harbourside development south of the North Shore Automall will go to an official public hearing in June following a Monday night decision by City of North Vancouver council.

Council voted 5-2 in favour of moving the project forward to a formal official community plan amendment process, after the developers made changes to the original plan and council gathered public feedback in March.

Read more: http://www.nsnews.com/business/City+sends+Harbourside+hearing/6699977/story.html#ixzz1wMaATm56
May 31, 2012by david.taylor@colliers.com
Development

Three downtown Vancouver towers to focus on rental units over market condos

Three downtown Vancouver towers to focus on rental units over market condos.

Aquilini Developments says a three-highrise tower development near Rogers Arena ‘is probably the largest rental project [in Vancouver] in the last 30 years.’
 

Aquilini Developments says a three-highrise tower development near Rogers Arena ‘is probably the largest rental project [in Vancouver] in the last 30 years.’

Three new highrise towers planned beside Rogers Arena will feature several hundred rental units as their residential component instead of condominiums.

“It’s in the heart of the downtown core and we thought it would be a great rental project,” said David Negrin, president of Aquilini Developments and Construction, on Wednesday. “We’re taking some risk, but feel there’s a real requirement for rentals in downtown Vancouver.”

Read more: http://www.vancouversun.com/business/Three+downtown+Vancouver+towers+focus+rental+units+over+market+condos/6704420/story.html#ixzz1wPqwhw3x

May 31, 2012by david.taylor@colliers.com
Development

Dolphin Cinemas Building up for Redevelopment

Dolphin Cinemas building up for redevelopment.

The building that houses Burnaby’s popular Dolphin Cinemas is up for redevelopment.

The rezoning application for the development came before Burnaby council at Monday night’s meeting.

Read more: http://www.burnabynow.com/Dolphin+Cinemas+building+redevelopment/6696361/story.html#ixzz1wMZQQ0fd
May 30, 2012by david.taylor@colliers.com
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David Taylor Personal Real Estate Corporation

Colliers International

DT

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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