Vancouver City Council will vote this week on whether to approve the Pearson Dogwood Policy Statement.

The Policy Statement will guide the rezoning and redevelopment of the 25.4 acre Pearson Dogwood site at Cambie and 59th that is controlled by the Province/Vancouver Coastal Health. It considers the future mix of uses, density, height, building forms, character, public spaces, circulation and movement, and parks and community facilities to serve the new and existing community.  Below is a summary:

• a density of 2.8 FSR (gross)
• 3-28 storey residential buildings mixed with community space, commercial space, and a new transit station

A recent survey of assessed values gives a glimpse at how the BC Assessment Authority is looking at commercial properties in Metro Vancouver in 2014.

Below is a random survey of various asset types in nine separate areas. The annual change in assessed values was derived from a random sample of five properties in each category. While this is by no means a scientific survey, it does show some variation that is interesting.

Polygon Homes has submitted a rezoning and OCP amendment application to the District of North Vancouver. They are proposing to redevelop 4 industrial lots on Dollarton Highway, just East of Cates Park. The plan calls for a 95 units; broken down as 80 condominium
units in three, 4 storey apartment buildings; and, 15 townhouses in five blocks containing 2 to 4 units, arranged along the waterfront.

The 4.74 acre site consists of 4 industrial lots located on the south side of Dollarton Highway, immediately west of Cates Park/Whey-au-Wichen as illustrated on the aerial photograph.

The site is currently occupied by Noble Towing (Dollarton Shipyard) and McKenzie Barge and Marineways and has been historically used for ship building/repair purposes.

745 Clark Drive in East Vancouver has sold for a reported $4,000,000. The 21,000 SF office building is located on the northwest corner of Clark Drive and East Georgia Street. Recently renovated with exposed timber beams, the building is in excellent condition with potential for expansion on the 15,030 SF lot. Gated parking facilities are available on site. The price represents $191 per SF.