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

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
Development

White Spot at Cambie & West 12th Slated for Redevelopment

A development is being proposed for the White Spot and adjacent lands at Cambie & West 12th, near City Hall. Shato Holdings Ltd. has applied to the City of Vancouver to rezone 2806-2850 Cambie Street and 454 West 12th Avenue from C-2C and RT-6  to CD-1 to allow a 6 to 8-storey mixed-use development, with approximately 20,000 sq. ft. of retail space, 138 residential units, and 194 parking spaces.

The proposal includes a max. height of 105.5 ft. and an FSR of 4.41. The proposal also includes the preservation of the heritage house at 454 West 12th Avenue and its relocation to West 13th Avenue, and the re-alignment of the lane to exit onto West 12th Avenue.

More details on the proposal.

April 30, 2012by david.taylor@colliers.com
Development

11 North Vancouver Schools for Sale, ­or Not

11 North Vancouver schools for sale ­ or not.

The North Vancouver Board of Education is likely to find some stiff opposition to a proposal that could involve selling off 11 school district owned properties that are no longer needed.

Read more: http://www.nsnews.com/news/North+Vancouver+schools+sale/6537112/story.html#ixzz1tXKs4VVc
April 30, 2012by david.taylor@colliers.com
Development

Burnaby Tower Moves Towards Approval

Tower moves towards approval. Polygon’s 33-storey, 253 unit tower at Dow and Beresford in Metrotown.

April 26, 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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