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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Apartment, Development

101 Rental Apartments Planned for Kingsway Site

Hua Long International Technical Investment has applied to the City of Vancouver to rezone a 27,764 SF, C-2 zoned site at 2153-2199 Kingsway (at the Northwest corner of Gladstone) for a 6-storey rental apartment building.

The proposal includes:

    • 101 market rental apartment units;
    • 45 studio units, 18 1-bedroom units, 31 two-bedrooms & 7 three-bedrooms
    • A total density of 3.37 FSR (93,651 SF);
    • 14,499 SF of ground-floor retail space;
    • A building height of 71.4 ft.;
    • Two floors of underground parking, with access from the lane to the north of the site.

This application is being considered under the Secured Market Rental Housing (Rental 100) Policy.

The site, which comprises four separate lots, had been assembled over a period between 2010 and 2015.

2153-kingsway2153-kingway_2 2153-kingsway_1The rezoning application can be viewed here.

The architect for the project is IBI Group.

September 28, 2016by david.taylor@colliers.com
Apartment, Investment, Retail

For Sale: East Vancouver Investment Opportunity

We are pleased to introduce this Kingsway apartment/retail building. Please contact us for further details.

1574-kingsway

 

1574 Kingsway Brochure

September 23, 2016by david.taylor@colliers.com
Apartment, Investment

FOR SALE: Fairview Apartment Building

1216-west-10th-ave1216-west-10th-avenue-brochure

September 22, 2016by david.taylor@colliers.com
Apartment, Development, Retail

Plan for Burritt Bros Site Includes 45 Rental Units

Landa Global has submitted their development application for the Burritt Bros site at Main Street and 20th in East Vancouver. Landa acquired the site at 3594 Main Street in a bid process in September 2015, for $11,400,000. Landa was featured in the Globe and Mail at the time of sale.

The plans for the 16,963 SF, C-2 zoned site includes:

    • a 4-storey building
    • 6,275 SF of ground floor retail
    • 45 rental apartment units
    • “high percentage” of family-friendly two-bedroom units
    • 2.5 FSR density
    • one level of underground parking with access from the lane

3594-main3594-main_1The architect for the project is Yamamoto Architecture.

September 9, 2016by david.taylor@colliers.com
Apartment, Development

155-Unit Rental Building Planned for East Van Site

Strand Development has submitted an application to rezone a 44,372 SF triangular site at the corner of Victoria Drive and Stainsbury Avenue for a new rental apartment project.  The site is two former light industrial lots that are zoned MC-1. The proposal includes:

    • A 6-storey rental apartment building
    • A total of 155 market rental apartment units, including six live-work units;
    • 43 studios, 44 one-bedrooms, 41 two-bedrooms and 21 three-bedrooms
    • A floor area of 108,912 SF;
    • A density of 2.46 FSR;
    • A building height of 61 ft;
    • 101 residential parking spaces and one Class B loading space; and
    • 194 Class A and six Class B bicycle parking spaces.

The application also involves the reconfiguration of lots by relocating a lane and consolidating two lots previously separated by a lane.

The application is being considered under the Secured Market Rental Housing (Rental 100) Program.

3681-victoria_1 3681-victoria

September 8, 2016by david.taylor@colliers.com
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David Taylor Personal Real Estate Corporation

Colliers International

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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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