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Development, Investment, Office

Bosa Completes Acquisition of 1500 West Georgia

After months of speculation about a potential sale, Morguard has officially completed the sale of 1500 West Georgia Street to Bosa Properties (1500 Holdco) Inc. for a reported $120,500,000.

The 193,000 SF A Class office building sits on a very valuable and partially underutilized 43,320 SF, full-block site at the Southeast corner of West Georgia and Cardero and has been a landmark in Vancouver since it was built in the late 1970’s.

Any future redevelopment plans of the plaza area are not known at this time.

Aerial View of 1500 West Georgia

Aerial View of 1500 West Georgia

August 14, 2014by david.taylor@colliers.com
Development, Office

Construction Update: Telus Garden

August 14, 2014by david.taylor@colliers.com
Development

Market Spotlight: 308 West Hastings Street

By ChangingCity

308 W HastingsThis ‘mystery’ application appeared on the Development Permit Board schedule a few weeks ago. 308 West Hastings today is a single storey former bank, alongside Victory Square. Here’s the render of the projects, intended to be “a new 6-storey mixed-use building containing commercial uses (ground floor), institutional uses (second floor), and residential rental units (third to sixth floors) under the Rental 100 Program”. The image shows it’s for Simon Fraser University, and there will be 52 rental units (aimed at post-graduate students) designed by Raymond Letkeman Architects.

…read more

Source: Changing City

August 13, 2014by david.taylor@colliers.com
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