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Development

Nine Granville Street Lots Sell

With nine ‘SOLD’ signs in a row prominently featured on Granville Street, this has hardly been kept a secret, but the nine lots listed by Michelle Yu of RE/MAX on the West side of Granville Street have sold. While only 7 of the 9 lots appear to have completed already for a purchase price of $22,100,000, it is likely that the total assembly will approach the asking price of $33,640,660. The buyer is Hui Xiang International Realty Developments Ltd.

The site covers a 612.75 ft, two-block stretch of Granville Street from West 45th to West 47th Avenue. The lots are presently zoned RS-3 and the brochure describes “potential rezoning for multifamily”.

6137 Granville

March 4, 2015by david.taylor@colliers.com
Development, Office

Construction Update: 745 Thurlow Street

Exterior work on Bentall/bcIMC’s 745 Thurlow project appears to be nearing completion.

Photo by 604 City on Flickr

March 4, 2015by david.taylor@colliers.com
Development

6-Storey Building Proposed for Cambie Corridor

Pennyfarthing Developments has applied to rezone a 22,166 SF site at Northeast corner of Cambie and West 26th Avenue. The plan for 4162-4188 Cambie Street is to rezone from RS-1 to CD-1 for a 6-storey condo building that includes:

    • 56 units
    • a building height of 64 ft. from grade
    • a density of 2.56 FSR
    • 66 underground parking spaces

4162 Cambie 4162 Cambie_2

March 3, 2015by david.taylor@colliers.com
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