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.
  • Home
  • Listings & Sales
  • About
  • Subscribe
  • Metro Vancouver Commercial Real Estate Market Data
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.
Home
Listings & Sales
About
Subscribe
Metro Vancouver Commercial Real Estate Market Data
  • Home
  • Listings & Sales
  • About
  • Subscribe
  • Metro Vancouver Commercial Real Estate Market Data
Development

42 Condo Units Planned for Arbutus & 10th Site

Bastion Developments has applied to the City of Vancouver for permission to develop a 5-storey, mixed-use building at the Southwest corner of Arbutus & 10th, formerly Gordon’s Auto Body. The C-8 zoned site is 17,248 sq ft.

The proposal for the site is a mass timber, passive house condo building with:

  • 42 condo units;
  • 21 one-bedrooms & 21 two-bedrooms;
  • 2,700 sq ft of retail and restaurant space;
  • a total density of 2.36 FSR;
  • A height of 60 ft.;
  • Three levels of underground parking providing 82 parking spaces having vehicular access from Cranberry Drive at the rear.

The architect for the project is Stephane Laroye.

The full development application can be viewed here: https://shapeyourcity.ca/2120-w-10-ave

Bastion acquired the site in 2018 for $23,000,000 or $529 per buildable sq ft based on the application.

July 26, 2021by david.taylor@colliers.com
Condo, Development

FOR SALE: Cambie Village Mixed-Use Development Opportunity

I am pleased to introduce this listing of a mixed-use development site on Cambie Street, directly across from King Edward Canada Line Station.

Please click here for more information: https://www.collierscanada.com/en-ca/properties/for-sale-cambie-village-development-opportunity/can-4020-4050-4060-cambie-street-vancouver-british-columbia-canada/can2008162

July 16, 2021by david.taylor@colliers.com
Apartment, Development

58-Unit Rental Project Slated for Central Lonsdale Site

Adera has submitted a rezoning application for a 14,932 sq ft. site they own at 1220 St. Georges Avenue at the Northeast corner of St. George’s and East 12th in the Central Lonsdale area of North Vancouver. The site is one block south of the Lions Gate Hospital and east of the Fire Hall.

The proposal would replace an existing 23-unit rental apartment building at 1220 St. Georges that was built in the late 1950s.

The proposal for the site is a new 6-storey rental building that includes:

  • 58 units;
  • 17 studios, 23 one-bedrooms, 12 two-bedrooms & 6 three-bedrooms;
  • a total density of 2.59 FSR;
  • a rooftop amenity deck;
  • a building height of 59 ft.;
  • 32 underground parking stalls.

The architect for the project is Integra Architecture.

The site was acquired in 2019 for $8,025,000 or $207 per buildable sq ft. based on the application.

July 15, 2021by david.taylor@colliers.com
Apartment, Development, Office, Retail

City to Consider Early Rezoning Proposal for PCI’s Broadway & Granville Site

Next week the City of Vancouver will consider allowing a rezoning enquiry for PCI Group‘s site at the Northeast corner of Broadway & Granville to move ahead to the application stage.

PCI already secured a Development Permit for the site at 1477 West Broadway in 2019 for a project including 6 floors of underground parking and storage, retail uses, a subway station entrance, and three floors of office above. The project is already under construction at the P5 parking level.

Existing Development Concept

A higher density rezoning had been contemplated for several years, although the forthcoming Broadway Plan had essentially placed a moratorium on new rezoning applications. PCI’s rezoning inquiry will now be considered as an exceptional circumstance under the Broadway
Plan Interim Rezoning Policy given impacts on the station entrance construction should the project be delayed beyond the station construction timeline.

The preliminary proposal is a rental residential tower above a retail and office podium with integrated station entrance, to a height and density
significantly above what is permitted under existing zoning. Overall, it includes:

  • additional retail capacity including a grocery store;
  • additional office space;
  • market rental residential units including 20% moderate income units.

The rezoning application is expected to pause the current construction, although it is expected to save significant delays later on thereby minimizing impacts on circulation and access to the South Granville station when the Broadway Subway opens in 2025.

The City report can be viewed here: https://council.vancouver.ca/20210721/documents/cfsc3.pdf

The leasing brochure for the existing project can be viewed here: https://www.cbre.ca/properties/search/office/details/CA-Plus-298159/1477-w-broadway-vancouver-v6h-1h6?view=isLetting

July 15, 2021by david.taylor@colliers.com
Condo, Development, Retail

231-Unit Condo Project Slated for Oak Street Site

A rezoning application has been submitted by Enrich Developments to the City of Vancouver for a 68,313 sq ft. site at the Southwest corner of Oak Street and West 64th Avenue in Marpole.

The site is an assembly of 12 single family homes.

The proposal calls for the development of three buildings of 6 to 8-storeys in height, and includes:

  • 231 condo units;
  • 1 studio, 106 one-bedrooms, 102 two-bedrooms & 22 three-bedrooms;
  • 11,000 sq ft of ground floor retail space;
  • A total density of 3.10 FSR;
  • Building heights of 70 ft, 75 ft. and 95 ft.;
  • 272 vehicle parking spaces and 497 bicycle parking spaces.

The application is being considered under the Marpole Community Plan.

The architect for the project is Arno Matis Architecture.

The site was sold in 2017 for $57,000,000 or $269 per buildable sq ft based on the rezoning application.

July 14, 2021by david.taylor@colliers.com
Page 57 of 345« First...102030«56575859»607080...Last »

Search the Site

Vancouver Market Follow

David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

vancouvermrkt
Retweet on Twitter Vancouver Market Retweeted
globeandmail The Globe and Mail @globeandmail ·
16 Apr

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

Reply on Twitter 2044762643806949766 Retweet on Twitter 2044762643806949766 3 Like on Twitter 2044762643806949766 4 X 2044762643806949766
Retweet on Twitter Vancouver Market Retweeted
gravitasmsn MN @gravitasmsn ·
16 Apr

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

Reply on Twitter 2044768222269063276 Retweet on Twitter 2044768222269063276 1 Like on Twitter 2044768222269063276 1 X 2044768222269063276
Retweet on Twitter Vancouver Market Retweeted
northshorenews North Shore News @northshorenews ·
16 Apr

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

Reply on Twitter 2044620858858274895 Retweet on Twitter 2044620858858274895 6 Like on Twitter 2044620858858274895 14 X 2044620858858274895
vancouvermrkt Vancouver Market @vancouvermrkt ·
9 Apr

Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor

Reply on Twitter 2042378406193738120 Retweet on Twitter 2042378406193738120 Like on Twitter 2042378406193738120 1 X 2042378406193738120
Load More

Categories

  • Apartment
  • Condo
  • Development
  • For Sale
  • Hotel
  • Investment
  • Land
  • Market Research
  • Office
  • Rental
  • Retail
  • SOLD


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.

© 2019 Copyright  |  All Rights Reserved