Photo by 604City, Flickr

By Evan Duggan

There’s a familiar sports cliché Daniel Fournier likes to use when describing his vision for Ivanhoe Cambridge in his role as the massive commercial real estate investment firm’s chairman and CEO.

“Go big or go home,” Fournier says more than once during Wednesday’s interview in a seventh-floor suite of the 75-year-old Fairmont Hotel Vancouver — a masterpiece Ivanhoe Cambridge is currently shopping as part of an ongoing shift toward tightening its grasp on high-profile shopping centres and office tower buildings.

Fournier would repeat the phrase again downstairs in a keynote address to the Vancouver Board of Trade. He comes by the sports lingo honestly. Fournier, who took over the multi-billion dollar reins of Ivanhoe Cambridge in 2010, took a break from his studies at Oxford in 1977 to play a season for the CFL’s Ottawa Rough Riders.

Fournier said he came to the West Coast partly to say “thank you to Vancouver, because we’ve done very, very well here,” but also to share insight on how he plans to transform Ivanhoe Cambridge from a real estate investment machine with $40 billion in assets, into a $70-billion behemoth.

Ivanhoe Cambridge, the real estate arm of  …read more

Source:: RENX

A development application has been filed by Next Pacific Ventures Ltd. for a 6,754 site on East Pender Street near Clark Drive. The plan for the I-2 zoned property at 1257 East Pender Street includes:

• a 7-storey industrial building
• 20,262 SF of floorspace (6,700 SF of office and 9,200 SF of workshop space)
• manufacturing and general office uses
• 2 levels of underground parking

The application is conditional under the I-2 zoning, which permits a height up to 100 ft. and allows some general office space in conjunction with industrial uses.

As construction progresses on PCI Group‘s first phase of King George Station, here is a video outlining the various phases of this large mixed-use project that promises to be transformative for the City Centre area of Surrey. The project entails 345,000 SF retail and 495,000 SF of office space, along with approximately 1,200 residential units.

An application has been submitted for a 7,686 SF site  on East Pender Street near Commercial Drive in East Vancouver. The plan calls for a 5-storey  mixed-use building with two levels of office space and three levels of residential space containing 15 residential units and 14 underground parking stalls. The site is zoned MC-1, which conditionally allows a mix of uses.

The site, currently improved with a single storey industrial building, was acquired earlier this year for $1,830,000 by Epix Developments.