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Development, Office, Retail

Restaurant Eyed For New Building

New Westminster News Leader – Restaurant eyed for new building.

An open house will be held next Thursday for a proposed restaurant patio at the Queen’s Park West office complex under construction in New Westminster’s Uptown district.

It will be held Nov. 29 from 5 to 8 p.m., at 300-601 Sixth St.

Uptown Property Group are the owners of the building, which is on Sixth Avenue at Fifth Street.

Read more: http://www.newwestnewsleader.com/news/180187751.html

November 21, 2012by david.taylor@colliers.com
Investment, Retail

200 West Esplanade, North Vancouver Sold

200 West Esplanade, the Esplanade Theatre building, a 5-storey retail and office building in the Lower Lonsdale area of North Vancouver has been sold by Colliers for $12,350,000 to First Capital Realty.

The building has a net rentable area of 38,628 SF, of which about 30,000 SF is cinema space and the balance is retail and office. The building was built in 1990 and is on a 17,928 SF site.

November 20, 2012by david.taylor@colliers.com
Market Research, Retail

Mall Sales Scarcity Forcing Owners to Reinvest or Expand

Deloitte Real Estate’s recent Crane Survey highlights a trend in retail mall ownership: there are few opportunities to buy malls, leading prospective mall owners to either build new developments or to reinvest in existing assets.

The report notes that a handful of groups own the majority of large retail assets in Metro Vancouver.

“Most of the larger shopping centres in Canada are owned by a select few groups, and they haven’t been sellers in recent years,” Andrew Evans, who co-authored the report, told Business in Vancouver.

Courtesy BIV. Read more: http://www.biv.com/article/20121113/BIV0111/121119994/0/small-business-confidence-continues-slide-in-june/mall-sales-scarcity-forcing-owners-to-reinvest-or-expand

November 19, 2012by david.taylor@colliers.com
Development, Investment

City purchases Ramada Inn on Kingsway

Courtesy The Globe and Mail

A Vancouver realtor confirmed the Ramada Inn was sold for $15.5-million. (Jeff Vinnick /Jeff Vinnick/The Globe and Mail)

“In a new approach to tackle Vancouver’s ongoing problems with low-cost housing and homelessness, the city has bought the Ramada Hotel on Kingsway – far from the downtown core.

Councillor Kerry Jang, who confirmed to The Globe and Mail the as-yet-unannounced purchase of the 122-room hotel, said the building is going to be used as housing for seniors who need to be moved from other residences in the city that require renovation.”

View the full article HERE.

November 13, 2012by david.taylor@colliers.com
Apartment, Development

Orr Development Proposing 83-unit West Broadway Rental Building

Orr Development has applied to rezone 3002-3036 West Broadway from C-2C to CD-1 to build a 5-storey, 83-unit market rental building, with a total density of 3.5 FSR, and a height of 61 feet. A total of 26 commercial and 63 residential parking stalls are proposed. The site is 20,889 SF. Under the existing C-2C guidelines, the maximum height is 4-storeys with setbacks.

The project includes 16,000 SF of commercial space on the ground floor and includes 19 studios, 41 one-bedrooms, 19 two-bedrooms, and 4 three-bedrooms.

The rezoning application is being considered under the Rental 100: Secured Market Rental Housing Policy.

November 9, 2012by david.taylor@colliers.com
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howard__24 Howard Chai @howard__24 ·
5 Mar

Exclusive:

Brookfield has flipped the Shangri-La Vancouver (now Hyatt) retail podium to Aquilini Group for $55 million. Brookfield bought the property last summer.

Full story:

https://howardchai.substack.com/p/shangri-la-vancouver-hyatt-retail-brookfield-aquilini

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vancouvermrkt Vancouver Market @vancouvermrkt ·
22 Feb

SOLD: East Vancouver Retail & Apartment Building
https://vancouvermarket.ca/2026/02/22/sold-east-vancouver-retail-apartment-building/

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northshorenews North Shore News @northshorenews ·
17 Feb

12-unit Gleneagles townhouse project proposed in West Vancouver

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vancouvermrkt Vancouver Market @vancouvermrkt ·
31 Jan

A new proposal has surfaced for the parking lot next to Waterfront Station.

The redesigned project includes a 26-storey, 416,000 SF office tower, shaped like a tree, cantilevered over the existing station building.

Architect: James Cheng

Details: https://bit.ly/46aUB0W

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