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, Office

5-Storey Industrial & Office Building Planned for East 1st & Clark

A development application has been submitted for the full city block site at the Southwest corner of East 1st Avenue and Clark Drive in East Vancouver.

The proposed project is a speculative mixed use industrial and office project preliminarily called “1st & Clark”. The 5-storey building will be a horseshoe shape and include units for smaller downtown wholesale and light industrial users.

Details of the project include:

  • wholesale uses on the main to second floor;
  • general offices on the third to fifth floors;
  • 197,948 SF of gross floor area;
  • a total density of 3.0 FSR;
  • a building height of 72 ft.; and
  • 220 underground parking spaces on one underground level.

Under the site’s existing I-2 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The architect for the project is TKA+D Architecture + Design Inc. 

October 13, 2020by david.taylor@colliers.com
Apartment, Development

114 Rental Units Planned for Dunbar Area Site

A rezoning application has been submitted by Sightline Properties for a four lot land assembly at the Northeast corner of West 41st and Collingwood Street, just East of Dunbar and immediately East of the IGA.

The combined site at 3449-3479 W 41st Ave and 5664 Collingwood Street is 28,683 SF in size. The lots are currently single family and zoned RS-5.

The proposal is to allow for the development of a 6-storey market rental building that includes:

  • 114 secured market rental units;
  • 58 studios, 17 one-bedrooms, 28 two-bedrooms & 11 three-bedrooms;
  • A total density of 2.71 FSR;
  • A building height of 72 ft.;
  • 90 vehicle parking spaces and 216 bicycle parking spaces on two levels of underground parking.

The application is being considered under the Affordable Housing Choices Interim Rezoning Policy.

The architect for the project is Ciccozzi Architecture.

September 23, 2020by david.taylor@colliers.com
Apartment, Development

SOLD: East Vancouver Rental Development Site

Matt Saunders and I are pleased to announce the sale of 708 – 796 Renfrew Street in East Vancouver.

The site comprises a full city block and with 73 units is one of the largest rental projects approved to date under the Affordable Housing Choices Interim Rezoning Policy. It was put under contract prior to the pandemic and Matt and David were able to successfully navigate an extremely challenging environment to achieve a firm deal in May 2020.

For further details on this sale and project, please contact us.

September 22, 2020by david.taylor@colliers.com
Apartment, Condo, Development, Office, Retail

Westbank Revises Plan for East Broadway Safeway Site

Westbank has submitted a revised rezoning application for the 2.5 acre East Broadway site, originally proposed in September 2019.

The main change to the proposal is a shift away from primarily condos, to primarily market rental units. The revision shows a decrease in the number of condos from 520 to 236, and an increase in the number of rental units, from 160 to 452 units. Details of the updated plan include:

  • 452 secured rental units;
  • 236 strata residential units;
  • Revised tower heights from 24, 27, & 30-storeys to 25, 29, & 30 storeys;
  • 63,000 SF of retail including 50,000 SF Safeway store;
  • 48,000 SF of office space;
  • Public plaza running parallel to the SkyTrain station;
  • 486 vehicle parking spaces and 1360 bicycle parking spaces.

The application is being considered under the Grandview Woodland Community Plan(External link).

The architect for the project is Perkins + Will.

September 17, 2020by david.taylor@colliers.com
Apartment, Development

222 Rental Units Planned for Oak & 41st

Wesgroup has submitted a rezoning application for a 37,000 SF site they own at the Southwest corner of Oak Street and West 41st. The site is comprised of the former Chevron gas station at the corner, as well as a 2-storey medical office building, and comprises effectively a full city block bounded by West 42nd and a lane.

The proposal calls for a large-scale rental development that includes includes:

  • Two towers, 8 & 16-storeys in height;
  • 222 market rental units (including 52 below market units);
  • 20 studios, 123 one-bedrooms, 55 two-bedrooms & 24 three-bedrooms;
  • 17,000 SF of retail space including a proposed grocery store;
  • A total density of 5.03 FSR;
  • Building heights of 179 ft and 90 ft.;
  • Partial 17th storey common amenity space;
  • 212 vehicle parking spaces and 492 bicycle parking spaces.

The application is being considered under the Cambie Corridor Plan.

The architect for the project is IBI Group.

The full application can be viewed here: https://shapeyourcity.ca/5763-5791-oak-st-and-1008-w-41-ave

Wesgroup acquired the two lots separately in 2017 for a combined $28.6 Million, or $147 per buildable SF based on the application.

September 16, 2020by david.taylor@colliers.com
Page 64 of 217« First...102030«63646566»708090...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