North Shore Outlook – Massive Squamish Nation mall may be coming to North Vancouver in 2014.

A lot has been said lately about the Squamish Nation and its government’s land development plans.

But amid all the talk about condo towers beside the Burrard Bridge and new high-rises at Park Royal, one project coming quietly down the pipe may well trump them all.

It concerns 30 acres of land on the Squamish Nation’s Seymour Creek reserve near the Second Narrows Bridge, bracketed by Mt. Seymour Parkway, Dollarton Highway and Seymour Creek.

Currently home to the Real Canadian Superstore, Seymour Creek Golf Centre, an automotive yard and the Squamish administrative offices, the reserve may soon house a massive mixed commercial-residential development unlike anything the North Shore has seen.

Read more: http://www.northshoreoutlook.com/news/191066181.html

The Monterey Apartments at West 10th Avenue and Hemlock Street in the South Granville area has sold. The 17-unit heritage ‘C’ class building had been listed for sale in 2012 with an asking price of $4,800,000. It sold in January for $4,497,000, equating to a 3.6% cap rate and a price per unit of $265,000. The building was built in 1925. The buyer was Premier Pacific Properties.

After more than 50 Vancouverites signed up to speak at a public hearing Tuesday night, city council planned to push back its vote by two weeks on a controversial plan to rezone a prime piece of waterfront real estate in the city’s West End.

Many of the planned speakers were locals asking city hall either to reject the plan or force affordable housing into a Beach Towers rezoning application that proposes the development of 133 units available at above-market rental prices.

“We want a third of these units to have a starting rent that’s targeted to the median income in our community,” said Christine Ackermann of the West End Residents Association. “I think it’s our job to push city hall for more affordability and I think they can get it.”

The rezoning hearing for the Beach Towers STIR project (click here to view rezoning application documents) is happening now. 

Click here to watch the proposal live.

Colliers has acted on behalf of the Vendor in the sale of 5895 Barker Avenue, a 48-unit apartment building in Metrotown, that represents a 31,520 SF development site. The purchase price was $12,500,000, representing about $117 per buildable SF based upon anticipated rezoning to allow a high-density residential project. The RM-3 zoned site is located about l 100 metres from Patterson Skytrain Station.