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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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

Shannon Mews Rezoning Approved

Vancouver city council approved a rezoning application for a medium density residential development by Wall Financial at 57th Avenue and Granville Street.

It proposes 735 dwelling units (including 202 rental units) in seven new buildings that range from three storeys to ten storeys in height. The plan will also restore many historic features of the estate, including the Beaux-Arts Mansion, Italianate Gardens, a Gate House and Coach House. Construction of the first phase could start in 2012.

August 5, 2011by david.taylor@colliers.com
Development

Marine Gateway Rezoning Approved

The City of Vancouver has approved the rezoning of Marine Gateway, a mixed-use project located at Marine Drive and Cambie Street at Marine Station on the Canada Line.

The project includes 464 market residential units, 235,000 sq ft of office space, 235,000 sq ft of retail space, including an 11-screen theatre.

The developer is PCI Group.

Source

July 24, 2011by david.taylor@colliers.com
Development

Bonds Group of Companies Proposing 40-storey tower at Howe and Drake

Bonds Group of Companies is proposing a 40-storey tower at 1265 – 1281 Howe Street, at the Northwest corner of Howe and Drake Streets in Downtown Vancouver.

The project is proposed to include 325 market rental units, a contribution towards rental housing, 17 artist ‘work only’ studios, and retail space. The total proposed FSR is 9.19.

The proposed rezoning will be submitted later this year.

Source

 

July 22, 2011by david.taylor@colliers.com
Development

2667-2703 Kingsway Rezoning Approved

Thind Developments’ proposal to rezone 2667-2703 Kingsway has approved by the City of Vancouver.

The site is being rezoned from C-2 to CD to allow 12-storey and 4-storey buildings with a  total of 129 condos and retail at-grade with a total density of 3.8 FSR.

The site is located on the north side of Kingsway between Earles Street and Duchess Street, and is within the Norquay Village Neighbourhood Centre Planning program area. The site is comprised of eight parcels currently developed with an automotive repair business and a vehicle dealership.

The architect for the project is W.T. Leung.

Source

July 20, 2011by david.taylor@colliers.com
Development

FOR SALE: 3707 – 3739 Dollarton Highway, North Vancouver

Colliers is pleased to present a rare North Shore waterfront development opportunity in the Dollarton area.

Features:

  • 5-lot bare land strata subdivision ready for servicing
  • Located in excellent residential market devoid of new single family lots
  • Potential for exclusive shared dock and water access
  • Spectacular setting with beautiful views overlooking Burrard Inlet
  • Public pathway and bridge/viewing area
  • Rezoning, subdivision and development permits already in place
  • Servicing required includes: earthworks/landscape, roadworks, waterworks, sanitary, drainage, hydro & cable
  • Build 5 single family homes for sale in a market with little supply of new product
  • Potential for development of shared dock facilities on waterfront area for strata use

Please contact David Taylor for further details.

david.taylor@colliers.com
604-692-1402

July 19, 2011by david.taylor@colliers.com
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David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

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11 May

District of North Van council sends proposed CapU student housing tower back to drawing board via @NorthShoreNews

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First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion

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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

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West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave

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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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