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

Mammoth North Van Tower Plan to go to Town Hall meeting

Mammoth North Van tower plan to go to town hall meeting.

A developer with plans for a major project on the 13th Street and Lonsdale Avenue Safeway site has received city council’s OK to restart a public consultation process, despite objection that the plans are still too big.

Onni Group first brought their plans to council in December of 2010, asking to build three 180-foot condominium towers above three storeys of commercial space. The complex would have produced floor space 5.765 times the lot area — more than twice the 2.6 ratio the official community plan currently allows.

Read more: http://www.nsnews.com/news/Mammoth+North+tower+plan+town+hall+meeting/6586796/story.html#ixzz1uNnxa0G8
May 9, 2012by david.taylor@colliers.com
Development

Open House for Marine Gardens Site

The City of Vancouver will be holding an open house for the potential redevelopment of the Marine Gardens site.

445 Southwest Marine Drive (Marine Gardens)

Concord Pacific has made an enquiry to the City for a possible redevelopment of the Marine Gardens site. Prior to making an application, the City of Vancouver wants to hear ideas from the community about future redevelopment of the site.

Come to an information session to learn about the site, existing and emerging policy, and the rezoning process. It is also a chance to offer your ideas, which will help shape the development, and find how you can stay involved in it. The input you provide will be considered throughout the process.

Date: Monday, May 14, 2012
Time: 5 – 8 pm
Place: Westside Baptist Church, 8506 Ash Street

City staff and the developer will be available to answer your questions and receive your comments. Source: City of Vancouver

May 8, 2012by david.taylor@colliers.com
Development

Whole Foods to be part of Solo development in North Burnaby

Whole Foods to be part of Solo development in North Burnaby.

Whole Foods will be setting up shop in the Solo development near Willingdon Avenue and Lougheed Highway in North Burnaby, the company’s co-founder and co-CEO John Mackey announced last Wednesday.

Mackey said the company has signed eight new leases since its first quarter earnings release, including one in Burnaby.

Read more: http://www.burnabynow.com/news/Whole+Foods+part+Solo+development+North+Burnaby/6569545/story.html#ixzz1uI0iKR3G
May 8, 2012by david.taylor@colliers.com
Development

City Freezes Central Lonsdale Tower Plans

City freezes Central Lonsdale tower plans.

A new “megaproject” proposal for Central Lonsdale was abruptly suspended by a divided City of North Vancouver council Monday (Apr 16), pending completion of the updated official community plan.

City staff made the unusual move of presenting the application to council well in advance of any detailed design work, seeking permission to continue talks with the developer and schedule a town hall-style meeting.

Read more: http://www.nsnews.com/news/City+freezes+Central+Lonsdale+tower+plans/6542838/story.html#ixzz1titaEUTY
May 2, 2012by david.taylor@colliers.com
Development

UniverCity Development Entering Final Phase

UniverCity development entering final phase.

UniverCity is taking down the parking lot and putting up a sustainable residential development in its place.

The Simon Fraser University Community Trust is moving forward with Phase Four of its development on top of Burnaby Mountain near Simon Fraser University.
Read more: http://www.burnabynow.com/UniverCity+development+entering+final+phase/6547525/story.html#ixzz1tisgDU89

May 2, 2012by 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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